4//SEC Filing
Energy XXI Gulf Coast, Inc. 4
Accession 0001404973-17-000008
CIK 0001404973operating
Filed
May 10, 8:00 PM ET
Accepted
May 11, 5:40 PM ET
Size
8.3 KB
Accession
0001404973-17-000008
Insider Transaction Report
Form 4
SPRINGEL STANFORD
Director
Transactions
- Award
Restricted Stock Units
2017-05-10+4,790→ 4,790 total→ Common Stock (4,790 underlying) - Award
Restricted Stock Units
2017-05-10+7,369→ 7,369 total→ Common Stock (7,369 underlying)
Footnotes (4)
- [F1]The restricted stock units were awarded under the Energy XXI Gulf Coast, Inc. 2016 Long Term Incentive Plan to Mr. Springel.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.01 per share, of Energy XXI Gulf Coast, Inc.
- [F3]2,395 of the restricted stock units are vested, but settlement of this portion of this award is deferred until the earlier of (a) a change of control of Energy XXI Gulf Coast, Inc. or (b) the date that Mr. Springel ceases to be a member of the Board of Directors. 2,395 of the restricted stock units will vest on the 2018 Annual General Meeting of Shareholders date, but the settlement of this portion of this award may be deferred at the election of Mr. Springel.
- [F4]The restricted stock units will vest in three equal installments on each Annual General Meeting of Shareholders date in 2018, 2019, and 2020, but settlement of the award may be deferred at the election of Mr. Springel.
Documents
Issuer
Energy XXI Gulf Coast, Inc.
CIK 0001404973
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001404973
Filing Metadata
- Form type
- 4
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 5:40 PM ET
- Size
- 8.3 KB