W&T Offshore, Inc. Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation and Cash-Based Incentive Compensation (Tables)

6 Months Ended

Jun. 30, 2016

A summary of activity in 2016 related to RSUs is as follows:

For the outstanding RSUs issued to the eligible employees as of June 30, 2016, vesting is expected to occur as follows:

A summary of activity in 2016 related to Restricted Shares is as follows:

For the outstanding Restricted Shares issued to the non-employee directors as of June 30, 2016, vesting is expected to occur as follows:

A summary of incentive compensation expense under share-based payment arrangements and the related tax benefit is as follows (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2016		2015		2016		2015
Share-based compensation expense from:
Restricted stock units	$	2,439	$	2,802	$	4,888	$	5,619
Restricted Shares		146		90		233		183
Common shares		—		—		—		(94	)
Total	$	2,585	$	2,892	$	5,121	$	5,708
Share-based compensation tax benefit:
Tax benefit computed at the statutory rate	$	904	$	1,012	$	1,792	$	1,998