TRACY W. KROHN - 01 Jan 2022 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role
Chairman, CEO & President, Director, 10%+ Owner
Signature
/s/ Shahid Ghauri, attorney-in-fact for Tracy W. Krohn
Issuer symbol
WTI
Transactions as of
01 Jan 2022
Net transactions value
-$101,196
Form type
4
Filing time
04 Jan 2022, 16:30:06 UTC
Previous filing
22 Dec 2021
Next filing
10 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTI Common Stock Options Exercise +73,863 +0.15% 48,037,087 01 Jan 2022 Direct F1, F2
transaction WTI Common Stock Tax liability $101,196 -31,330 -0.07% $3.23 48,005,757 01 Jan 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WTI Restricted Stock Units Options Exercise $0 -73,863 -33% $0.000000 147,726 01 Jan 2022 Common Stock 73,863 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 1, 2022, reporting person's 73,863 restricted stock units, which were granted on June 28, 2021, vested, and the reporting person received 73,863 shares of 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.