0001104659-17-071575.txt : 20171204 0001104659-17-071575.hdr.sgml : 20171204 20171204114502 ACCESSION NUMBER: 0001104659-17-071575 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171121 FILED AS OF DATE: 20171204 DATE AS OF CHANGE: 20171204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kollitides George CENTRAL INDEX KEY: 0001694020 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38019 FILM NUMBER: 171236241 MAIL ADDRESS: STREET 1: 1021 MAIN STREET, SUITE 2626 CITY: HOUSTON STATE: TX ZIP: 77002 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 4 1 a4.xml 4 X0306 4 2017-11-21 1 0001404973 Energy XXI Gulf Coast, Inc. EXXI 0001694020 Kollitides George 1021 MAIN STREET SUITE 2626 HOUSTON TX 77002 1 0 0 0 Common Stock 2017-11-21 4 M 0 9833 A 9833 D Restricted Stock Units 2017-11-21 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. On November 21, 2017, Mr. Kollitides resigned as a director of the Issuer. In recognition of his service, the Issuer's board of directors (the "Board") accelerated the vesting date of certain RSUs granted to Mr. Kollitides, so that 6,583 RSUs that were scheduled to vest on January 31, 2018, vested on November 21, 2017. Upon vesting, those 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. Kollitides ceased to be a member of the Board on November 21, 2017. The remaining 6,667 RSUs previously granted to Mr. Kollitides, which were scheduled to vest in equal installments on December 31, 2018 and December 31, 2019, remained unvested when Mr. Kollitides ceased to be a member of the Board on November 21, 2017 and, accordingly, were forfeited back to the Issuer. That 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/ George Kollitides 2017-12-04