SEC Form 4/A · accession 0001104659-18-001436
Energy XXI Gulf Coast, Inc. · EGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
James W Swent III
Director
Period of report
Jan 1, 2018
Accepted (ET)
Jan 9, 2018 · 12:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001404973
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3,F2,F4 | — | Jan 1, 2018 | A | 8,796 | A | — | — | Common Stock | 8,796 | 8,796 | D |
Explanation of responses
- F1The restricted stock units were awarded under the Energy XXI Gulf Coast, Inc. 2016 Long Term Incentive Plan to Mr. Swent.
- F2Each 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.
- F3The original filing inadvertently placed the number of restricted stock units awarded to the Reporting Person under column 5(D) (disposition) of Table II instead of column 5(A) (acquisition). The Transaction Code (A) used in the original filing made clear that the award of restricted stock units was an acquisition exempt under Rule 16b3-1.
- F4The restricted stock units will vest 100% on the date of the 2018 annual meeting of stockholders of Energy XXI Gulf Coast, Inc., so long as Mr. Swent is a member of the Board immediately prior to such stockholder meeting.