W&T OFFSHORE INC 4
4 · W&T OFFSHORE INC · Filed Dec 21, 2016
Insider Transaction Report
Form 4
Murphy Thomas P.
SVP & Chief Operations Officer
Transactions
- Exercise/Conversion
COMMON STOCK
2016-12-19+66,604→ 115,167 total - Exercise/Conversion
RESTRICTED STOCK UNITS
2016-12-19−66,604→ 0 total→ Common Stock (66,604 underlying) - Tax Payment
COMMON STOCK
2016-12-19$2.51/sh−27,941$70,132→ 87,226 total
Footnotes (2)
- [F1]On December 19, 2016, reporting person's 66,604 restricted stock units, which were granted on April 8, 2014, vested, and the reporting person received 66,604 shares of WTI common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of WTI stock or its cash equivalent, as determined at the time of settlement by WTI.