Form 4 for WTI W&T OFFSHORE INC
Accepted 2023-01-04 00:00:00 ET · period of report 2023-01-01 · accession 0001104659-23-001028 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-01-04 | 2023-01-01 | WTI | Yang Sunghee Janet | EVP, CFO | M - OptEx | — | +26.1K | 73.4K | +55% | — |
| DM | 2023-01-04 | 2023-01-01 | WTI | Yang Sunghee Janet | EVP, CFO | F - Tax | $5.06 | -11.6K | 69.8K | -14% | -$58.9K |
| DM | 2023-01-04 | 2023-01-01 | WTI | Yang Sunghee Janet | EVP, CFO | M - OptEx | $0.00 | -26.1K | 8,063 | -76% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-01-01 | M | A | 18,017 | — | 87,843 | D | — | — | (F2) Each restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent, as determined at the time of settlement by WTI. Each grant of restricted stock units vests in three installments. (F3) On January 1, 2023, reporting person's 18,017 restricted stock units, which were granted on May 26, 2022, vested, and the reporting person received 18,017 shares of common stock. This represents the vesting of the first tranche of the grant. |
| 2 | Common | Common Stock | 2023-01-01 | M | A | 8,065 | — | 73,428 | D | — | — | (F2) Each restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent, as determined at the time of settlement by WTI. Each grant of restricted stock units vests in three installments. (F1) On January 1, 2023, reporting person's 8,065 restricted stock units, which were granted on June 28, 2021, vested, and the reporting person received 8,065 shares of common stock. This represents the vesting of the second tranche of the grant. |
| 3 | Common | Common Stock | 2023-01-01 | F | D | 8,045 | $5.06 | 79,798 | D | — | — | |
| 4 | Common | Common Stock | 2023-01-01 | F | D | 3,602 | $5.06 | 69,826 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2023-01-01 | M | D | 18,017 | $0.00 | 36,033 | D | — · — to — | 18,017 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent, as determined at the time of settlement by WTI. Each grant of restricted stock units vests in three installments. (F3) On January 1, 2023, reporting person's 18,017 restricted stock units, which were granted on May 26, 2022, vested, and the reporting person received 18,017 shares of common stock. This represents the vesting of the first tranche of the grant. |
| 6 | Derivative | Restricted Stock Units | 2023-01-01 | M | D | 8,065 | $0.00 | 8,063 | D | — · — to — | 8,065 Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent, as determined at the time of settlement by WTI. Each grant of restricted stock units vests in three installments. (F1) On January 1, 2023, reporting person's 8,065 restricted stock units, which were granted on June 28, 2021, vested, and the reporting person received 8,065 shares of common stock. This represents the vesting of the second tranche of the grant. |