0001404973-17-000010.txt : 20170512
0001404973-17-000010.hdr.sgml : 20170512
20170512073353
ACCESSION NUMBER: 0001404973-17-000010
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170510
FILED AS OF DATE: 20170512
DATE AS OF CHANGE: 20170512
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Energy XXI Gulf Coast, Inc.
CENTRAL INDEX KEY: 0001404973
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 204278595
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1021 MAIN STREET
STREET 2: SUITE 2626
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 713-351-3000
MAIL ADDRESS:
STREET 1: 1021 MAIN STREET
STREET 2: SUITE 2626
CITY: HOUSTON
STATE: TX
ZIP: 77002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PULLY STEVEN J
CENTRAL INDEX KEY: 0001246093
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38019
FILM NUMBER: 17836411
MAIL ADDRESS:
STREET 1: 9800 RICHMOND AVE
STREET 2: SUITE 700
CITY: HOUSTON
STATE: TX
ZIP: 77042
4
1
certent-form4.xml
PRIMARY DOCUMENT
X0306
4
2017-05-10
1
0001404973
Energy XXI Gulf Coast, Inc.
EXXI
0001246093
PULLY STEVEN J
1021 MAIN STREET, SUITE 2626
HOUSTON
TX
77002
1
0
0
0
Common Stock
2017-05-10
4
M
0
9833
A
9833
D
Restricted Stock Units
2017-05-10
4
M
0
9833
0
D
Common Stock
9833
6667
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock, par value $0.01 per share ("Common Stock"), of Energy XXI Gulf Coast, Inc. (the "Issuer") upon vesting and settlement.
Mr. Pully did not stand for reelection at the Issuer's 2017 Annual Meeting held on May 10, 2017 (the "Annual Meeting"). In recognition of Mr. Pully's service, the Issuer's board of directors (the "Board") accelerated the vesting date of certain RSUs granted to Mr. Pully, so that 6,583 RSUs that were scheduled to vest on January 31, 2018, vested instead on May 10, 2017. Upon vesting, such RSUs were settled in shares of Common Stock, on a one-for-one basis. In addition, 3,250 RSUs that had previously vested were settled in shares of Common Stock, on a one-for-one basis, when Mr. Pully ceased to be a member of the Board on May 10, 2017.
The remaining 6,667 RSUs previously granted to Mr. Pully, which were scheduled to vest in equal installments on December 31, 2018 and December 31, 2019, remained unvested when Mr. Pully ceased to be a member of the Board on May 10, 2017 and, accordingly, were forfeited back to the Issuer. Such forfeiture is exempt from Sections 16(a) and 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") pursuant to Rules 16a-4(d) and 16b-6(d), respectively, under the Exchange Act.
/s/ Steven J. Pully, by Hugh Menown as Attorney-in-Fact
2017-05-12