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