Form 4 for WTI W&T OFFSHORE INC
Accepted 2023-10-03 00:00:00 ET · period of report 2023-09-29 · accession 0001104659-23-106495 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-10-03 | 2023-09-29 | WTI | KROHN TRACY W | COB, CEO, Pres, Dir, 10% | F - Tax | $4.38 | -30.4K | 423.9K | -7% | -$133.1K |
| D | 2023-10-03 | 2023-09-29 | WTI | KROHN TRACY W | COB, CEO, Pres, Dir, 10% | M - OptEx | — | +77.2K | 454.3K | +20% | — |
| D | 2023-10-03 | 2023-09-29 | WTI | KROHN TRACY W | COB, CEO, Pres, Dir, 10% | M - OptEx | $0.00 | -77.2K | 0 | -100% | $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 | 2023-09-29 | F | D | 30,389 | $4.38 | 423,921 | D | — | — | |
| 2 | Common | Common Stock | 2023-09-29 | M | A | 77,227 | — | 454,310 | D | — | — | (F2) Each performance share 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. (F1) On September 29, 2023, the reporting person's 77,227 performance share units, which were granted on June 28, 2021, vested, and the reporting person received 77,227 shares of common stock. The performance criteria was met on March 8, 2022, and this represents the vesting of the grant. |
| 3 | Derivative | Performance Share Units | 2023-09-29 | M | D | 77,227 | $0.00 | 0 | D | — · — to — | 77,227 Common Stock | (F2) Each performance share 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. (F1) On September 29, 2023, the reporting person's 77,227 performance share units, which were granted on June 28, 2021, vested, and the reporting person received 77,227 shares of common stock. The performance criteria was met on March 8, 2022, and this represents the vesting of the grant. |