O'Leary Shane P. 4
4 · GRAN TIERRA ENERGY, INC. · Filed Dec 14, 2011
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
2011-12-13$4.90/sh−30,000$147,000→ 30,000 total - Sale
Common Stock
2011-12-14$4.75/sh−30,000$142,563→ 0 total - Exercise of In-Money
Stock Option (Rt to Buy)
2011-12-13−60,000→ 0 totalExercise: $2.37From: 2010-03-04Exp: 2019-03-04→ Common Stock (60,000 underlying) - Exercise of In-Money
Common Stock
2011-12-13$2.37/sh+60,000$142,200→ 60,000 total
Holdings
- 9,300(indirect: By Shane and Christine O'Leary)
Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.75 to $4.76, inclusive. The undersigned hereby undertakes to provide the Issuer, any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F2]Stock option shall vest and become exercisable is 3 equal consecutive annual installments commencing on the first, second and third anniversary of the vesting commencement date.