TRACY W. KROHN - 08 Mar 2022 Form 4 Insider Report for W&T OFFSHORE INC (WTI)

Role
Chairman, CEO & President, Director, 10%+ Owner
Signature
/s/ By Shahid Ghauri, attorney-in-fact for Tracy W. Krohn
Issuer symbol
WTI
Transactions as of
08 Mar 2022
Net transactions value
$0
Form type
4
Filing time
10 Mar 2022, 14:59:05 UTC
Previous filing
04 Jan 2022
Next filing
31 May 2022
SEC
View on sec.gov

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 Performance Share Units Award $0 +77,227 $0.000000 77,227 08 Mar 2022 Common Stock 77,227 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance share unit represents a contingent right to receive one share of WTI common stock or its cash equivalent, as determined at the time of settlement by WTI.
F2 The performance criteria was certified to have been met on March 8, 2022; therefore the earned stock units will vest on October 1, 2023 subject to continued employment on that date.