SEC Form 4 · accession 0001404973-17-000003
Energy XXI Gulf Coast, Inc. · EGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott M Heck
Officer — Chief Operating Officer
Period of report
Apr 17, 2017
Accepted (ET)
Apr 17, 2017 · 5:07 pm 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 17, 2017 | A | 15,873 | A | — | — | Common Stock | 15,873 | 15,873 | D |
Explanation of responses
- F1The restricted stock units and the options were awarded under the Energy XXI Gulf Coast, Inc. 2016 Long Term Incentive Plan to Mr. Heck.
- F2Each restricted stock unit represents the contingent right to receive one share of common stock, par value $0.01 per share, of Energy XXI Gulf Coast, Inc.
- F3The restricted stock units will vest 50% on December 29, 2017 and 50% on December 31, 2018 (and be settled within 60 days following), in each case provided that Mr. Heck remains continuously employed by Energy XXI Gulf Coast, Inc. on the applicable vesting date.