Filing Details

Accession Number:
0000899243-16-028919
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-13 20:16:54
Reporting Period:
2016-09-07
Filing Date:
2016-09-13
Accepted Time:
2016-09-13 20:16:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1288403 W&T Offshore Inc WTI () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1288376 W Tracy Krohn Nine Greenway Plaza, Suite 300
Houston TX 77046
Chairman & Ceo Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-09-07 1,412,660 $0.00 41,461,824 No 4 P Indirect By the Tracy William Krohn Living Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By the Tracy William Krohn Living Trust
Footnotes
  1. The reporting person is the primary beneficiary of the Tracy William Krohn Living Trust (the "Trust"), which was created by the reporting person as grantor of the Trust. The reporting person also serves as the trustee of the Trust. On September 7, 2016, the Trust exchanged $16,600,000 aggregate principal amount of the Issuer's 8.500% Senior Notes due 2019 pursuant to an Issuer exchange offer for (i) 1,412,660 shares of common stock of the Issuer, (ii) $3,734,000 aggregate principal amount of the Issuer's 9.00% / 10.75% Senior Second Lien PIK Toggle Notes due 2020 and (iii) $3,320,000 aggregate principal amount of the Issuer's 8.50% / 10.00% Senior Third Lien PIK Toggle Notes due 2021.