SEC Form 4 · accession 0000899243-18-031606
W&T OFFSHORE INC · WTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Williford
Officer — See Remarks
Period of report
Dec 19, 2018
Accepted (ET)
Dec 21, 2018 · 5:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001288403
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 19, 2018 | M | 47,789 | $0.00 | A | 85,091 | D | |
| Common Stock | Dec 19, 2018 | F | 18,805 | $4.84 | D | 66,286 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Dec 19, 2018 | M | 47,789 | D | — | — | Common Stock | 47,789 | 0 | D |
Explanation of responses
- F1On December 19, 2018, reporting person's 47,789 restricted stock units, which were granted on November 13, 2016, vested, and the reporting person received 47,789 shares of common stock.
- F2Each restricted stock unit represents a contingent right to receive one share of WTI stock or its cash equivalent, as determined at the time of settlement by WTI.
Remarks
Executive Vice President and General Manager of Gulf of Mexico