4//SEC Filing
GMT Exploration Co LLC 4
Accession 0001106191-21-000001
CIK 0001273441other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 2:57 PM ET
Size
16.7 KB
Accession
0001106191-21-000001
Insider Transaction Report
Form 4
GMT CAPITAL CORP
10% Owner
Transactions
- Sale
COMMON STOCK
2021-01-04$0.36/sh−275,924$99,333→ 63,393,429 total - Sale
COMMON STOCK
2021-01-05$0.39/sh−765,476$298,536→ 62,627,953 total
BAY II RESOURCE PARTNERS LP
10% Owner
Transactions
- Sale
COMMON STOCK
2021-01-04$0.36/sh−275,924$99,333→ 63,393,429 total - Sale
COMMON STOCK
2021-01-05$0.39/sh−765,476$298,536→ 62,627,953 total
Transactions
- Sale
COMMON STOCK
2021-01-04$0.36/sh−275,924$99,333→ 63,393,429 total - Sale
COMMON STOCK
2021-01-05$0.39/sh−765,476$298,536→ 62,627,953 total
GMT Exploration Co LLC
10% Owner
Transactions
- Sale
COMMON STOCK
2021-01-05$0.39/sh−765,476$298,536→ 62,627,953 total - Sale
COMMON STOCK
2021-01-04$0.36/sh−275,924$99,333→ 63,393,429 total
CLAUGUS THOMAS E
10% Owner
Transactions
- Sale
COMMON STOCK
2021-01-04$0.36/sh−275,924$99,333→ 63,393,429 total - Sale
COMMON STOCK
2021-01-05$0.39/sh−765,476$298,536→ 62,627,953 total
BAY RESOURCE PARTNERS LP
10% Owner
Transactions
- Sale
COMMON STOCK
2021-01-04$0.36/sh−275,924$99,333→ 63,393,429 total - Sale
COMMON STOCK
2021-01-05$0.39/sh−765,476$298,536→ 62,627,953 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 January 04, 2021, was 275,924 shares, at a price of $0.36 per share, resulting in an aggregate number of shares owned by the Reporting Persons of 63,393,429. Such shares were sold, and thereafter beneficially owned by the Reporting Persons in the following amounts: Bay = 82,400 shares sold resulting in ownership of 18,377,090 shares; Bay II = 66,100 shares sold resulting in ownership of 14,852,330 shares; Offshore Fund = 116,424 shares sold resulting in ownership of 26,038,909 shares; GMT Capital = 0 shares sold resulting in ownership of 147,000 shares; Claugus =11,000 shares sold resulting in ownership of 2,451,200 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 January 05, 2021, was 765,476 shares, at a price of $0.39 per share, resulting in an aggregate number of shares owned by the Reporting Persons of 62,627,953. Such shares were sold, and thereafter beneficially owned by the Reporting Persons in the following amounts: Bay = 228,600 shares sold resulting in ownership of 18,148,490 shares; Bay II = 183,500 shares sold resulting in ownership of 14,668,830 shares; Offshore Fund = 322,976 shares sold resulting in ownership of 25,715,933 shares; GMT Capital = 0 shares sold resulting in ownership of 147,000 shares; Claugus = 30,400 shares sold resulting in ownership of 2,420,800 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
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 2:57 PM ET
- Size
- 16.7 KB