GRAN TIERRA ENERGY INC. 4
4 · GRAN TIERRA ENERGY INC. · Filed Mar 4, 2015
Insider Transaction Report
Form 4
Nightingale Duncan
Pres., GTE Colombia
Transactions
- Award
Common Stock
2015-03-01+80,000→ 132,501 total - Award
Stock Option (Rt to Buy)
2015-03-04+295,000→ 295,000 totalExercise: $2.75From: 2016-03-01Exp: 2020-03-04→ Common Stock (295,000 underlying)
Footnotes (2)
- [F1]Reflects the receipt of a restricted stock unit. Each restricted stock unit represents a contingent right to receive one (1) share of Gran Tierra Energy Inc. common stock. The restricted stock units shall vest in three equal consecutive annual installments on March 1, 2016, March 1, 2017 and March 1, 2018, until fully vested.
- [F2]1/3rd of the option shares shall vest on March 1, 2016, an additional 1/3rd of the option shares shall vest on March 1, 2017 and the balance of the option shares shall vest on March 1, 2018.