GRAN TIERRA ENERGY INC. 4
4 · GRAN TIERRA ENERGY INC. · Filed May 10, 2016
Insider Transaction Report
Form 4
Hardy David Eldon
VP, Legal, and Secretary
Transactions
- Disposition to Issuer
Common Stock
2016-05-07$2.70/sh−35,001$94,503→ 0 total - Exercise/Conversion
Restricted Stock Units
2016-05-07−11,667→ 0 total→ Common Stock (11,667 underlying) - Exercise/Conversion
Common Stock
2016-05-07+35,001→ 35,001 total - Exercise/Conversion
Restricted Stock Units
2016-05-07−23,334→ 0 total→ Common Stock (23,334 underlying)
Holdings
- 54,527(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Reflects vesting of shares subject to a restricted stock unit previously reported for which settlement was solely in cash.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock. The restricted stock units originally vested in three equal installments on March 1, 2015, March 1, 2016 and March 1, 2017. Due to an amendment of the Reporting Person's employment agreement, the remaining restricted stock units fully vested on May 7, 2016.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock. The restricted stock units originally vested in three equal installments on March 1, 2016, March 1, 2017 and March 1, 2018. Due to an amendment of the Reporting Person's employment agreement, the remaining restricted stock units fully vested on May 7, 2016.