secwatch.observer — SEC 8-K summary
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Issuer:     W&T OFFSHORE INC (WTI)
CIK:        0001288403
Form:       8-K
Filed at:   2023-06-26T23:59:59+00:00
Accession:  0001288403-23-000012
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

W&T Offshore appoints Sameer Parasnis as EVP & CFO effective July 3, 2023
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- Sameer Parasnis appointed EVP and CFO, effective July 3, 2023.
- Parasnis has 25 years experience; most recently Managing Director at Stifel's Energy team.
- Base salary set at $450,000; target cash incentive 85% of base; LTI target 300% of base.
- Entered into customary indemnification agreement and participates in Change in Control Severance Plan.
- No familial relationships or reportable transactions with existing directors or officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1288403/000128840323000012/0001288403-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1288403/000128840323000012/wti-20230622x8k.htm
  HTML page:      https://secwatch.observer/filing/0001288403-23-000012

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