4//SEC Filing
GMT Exploration Co LLC 4
Accession 0001106191-20-000027
CIK 0001273441other
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 10:56 AM ET
Size
16.8 KB
Accession
0001106191-20-000027
Insider Transaction Report
Form 4
CLAUGUS THOMAS E
10% Owner
Transactions
- Sale
COMMON STOCK
2020-11-09$0.21/sh−432,500$90,825→ 74,789,528 total - Sale
COMMON STOCK
2020-11-06$0.19/sh−53,000$10,070→ 75,222,028 total
Transactions
- Sale
COMMON STOCK
2020-11-06$0.19/sh−53,000$10,070→ 75,222,028 total - Sale
COMMON STOCK
2020-11-09$0.21/sh−432,500$90,825→ 74,789,528 total
GMT CAPITAL CORP
10% Owner
Transactions
- Sale
COMMON STOCK
2020-11-06$0.19/sh−53,000$10,070→ 75,222,028 total - Sale
COMMON STOCK
2020-11-09$0.21/sh−432,500$90,825→ 74,789,528 total
BAY RESOURCE PARTNERS LP
10% Owner
Transactions
- Sale
COMMON STOCK
2020-11-06$0.19/sh−53,000$10,070→ 75,222,028 total - Sale
COMMON STOCK
2020-11-09$0.21/sh−432,500$90,825→ 74,789,528 total
GMT Exploration Co LLC
10% Owner
Transactions
- Sale
COMMON STOCK
2020-11-06$0.19/sh−53,000$10,070→ 75,222,028 total - Sale
COMMON STOCK
2020-11-09$0.21/sh−432,500$90,825→ 74,789,528 total
BAY II RESOURCE PARTNERS LP
10% Owner
Transactions
- Sale
COMMON STOCK
2020-11-06$0.19/sh−53,000$10,070→ 75,222,028 total - Sale
COMMON STOCK
2020-11-09$0.21/sh−432,500$90,825→ 74,789,528 total
Footnotes (4)
- [F1]This Form 4 is being jointly filed by Bay Resource Partners, L.P. (Bay), a Delaware limited partnership, Bay II Resource Partners, L.P. (Bay II), a Delaware limited partnership, Bay Resource Partners Offshore Master Fund, L.P. (Bay Offshore), an exempted limited partnership organized under the laws of the Cayman Islands, GMT Exploration Company LLC (GMT Exploration), a Delaware limited liability company, GMT Capital Corp., a Georgia corporation (GMT Capital), and Thomas E. Claugus (Claugus), a United States citizen. The foregoing persons are hereinafter sometimes collectively referred to as the Reporting Persons.
- [F2]GMT Capital is the general partner of Bay and Bay II and has the power to direct the affairs of Bay and Bay II, including voting and disposition of shares. As the discretionary investment manager of Bay Offshore, GMT Capital has power to direct voting and disposition of shares held by Bay Offshore. Claugus is the President of GMT Capital and in that capacity, directs the operations of each of Bay and Bay II and voting and disposition of shares held by Bay Offshore. GMT Capital is also the non-discretionary manager of GMT Exploration through a separately managed account relationship. In addition, Claugus owns a controlling interest in GMT Exploration. GMT Capital and Claugus may be deemed to beneficially own indirect pecuniary interest as the result of performance-based fees and profit allocations. Each of GMT Capital and Claugus disclaims such beneficial ownership except to the extent ultimately realized.
- [F3]The aggregate number of shares of common stock sold on November 06, 2020, was 53,000 shares, at a price of $0.19 per share, resulting in an aggregate number of shares owned by the Reporting Persons of 75,222,028. Such shares were sold, and thereafter beneficially owned by the Reporting Persons in the following amounts: Bay = 15,800 shares sold resulting in ownership of 21,909,490 shares; Bay II = 12,700 shares sold resulting in ownership of 17,688,030 shares; Offshore Fund = 22,400 shares sold resulting in ownership of 31,029,108 shares; GMT Capital = 0 shares sold resulting in ownership of 147,000 shares; Claugus = 2,100 shares sold resulting in ownership of 2,921,500 shares; GMT Exploration = 0 shares sold resulting in ownership of 1,526,900 shares.
- [F4]The aggregate number of shares of common stock sold on November 09, 2020, was 432,500 shares, at a price of $0.21 per share, resulting in an aggregate number of shares owned by the Reporting Persons of 74,789,528. Such shares were sold, and thereafter beneficially owned by the Reporting Persons in the following amounts: Bay = 129,200 shares sold resulting in ownership of 21,780,290 shares; Bay II = 103,700 shares sold resulting in ownership of 17,584,330 shares; Offshore Fund = 182,400 shares sold resulting in ownership of 30,846,708 shares; GMT Capital = 0 shares sold resulting in ownership of 147,000 shares; Claugus = 17,200 shares sold resulting in ownership of 2,904,300 shares; GMT Exploration = 0 shares sold resulting in ownership of 1,526,900 shares.
Documents
Issuer
GRAN TIERRA ENERGY INC.
CIK 0001273441
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001396794
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 10:56 AM ET
- Size
- 16.8 KB