SEC Form 4 · accession 0001104659-18-023154
Energy XXI Gulf Coast, Inc. · EGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gabriel L Ellisor
Director
Period of report
Apr 6, 2018
Accepted (ET)
Apr 10, 2018 · 7:31 am EDT
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,F2,F3 | — | Apr 6, 2018 | A | 53,908 | A | — | — | Common Stock | 53,908 | 53,908 | D |
Explanation of responses
- F1The restricted stock units were awarded to Mr. Ellisor under the 2016 Long Term Incentive Plan (the "2016 LTIP") of Energy XXI Gulf Coast, Inc. (the "Company").
- F2Each restricted stock unit represents a contingent right to receive one share of common stock, par value $0.01 per share, of the Company ("Common Stock").
- F3These restricted stock units will vest in three substantially equal installments on each of the first three anniversaries of the April 6, 2018 grant date (or earlier, upon consummation of a change of control), but settlement of this award may be deferred at the election of Mr. Ellisor.