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

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

3 Months Ended

Mar. 31, 2017

A summary of activity in 2017 related to RSUs is as follows:

For the outstanding RSUs issued to the eligible employees as of March 31, 2017, vesting is expected to occur as follows:

For the outstanding Restricted Shares issued to the non-employee directors as of March 31, 2017, 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
	March 31,
	2017		2016
Share-based compensation expense from:
Restricted stock units	$	1,858	$	2,449
Restricted Shares		70		87
Total	$	1,928	$	2,536
Share-based compensation tax benefit:
Tax benefit computed at the statutory rate	$	675	$	888