SEC Form 4 · accession 0000899243-18-031609
W&T OFFSHORE INC · WTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sunghee Janet Yang
Officer — See Remarks
Period of report
Dec 19, 2018
Accepted (ET)
Dec 21, 2018 · 5:40 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 | 15,957 | $0.00 | A | 30,882 | D | |
| Common Stock | Dec 19, 2018 | F | 3,886 | $4.84 | D | 26,996 | 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 | 15,957 | D | — | — | Common Stock | 15,957 | 12,762 | D |
Explanation of responses
- F1On December 19, 2018, reporting person's 15,957 restricted stock units, which were granted on November 13, 2016, vested, and the reporting person received 15,957 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 Chief Financial Officer