Wood David M. 4
4 · GULFPORT ENERGY CORP · Filed Feb 28, 2019
Insider Transaction Report
Form 4
Wood David M.
DirectorPresident & CEO
Transactions
- Award
Common Stock
2019-02-26+350,610→ 350,610 total
Footnotes (1)
- [F1]These securities are restricted stock units, each representing a contingent right to receive one share of common stock, par value $0.01 per share, of Gulfport Energy Corporation (the "Issuer") granted under the Issuer's equity incentive plan. Of these restricted stock units, (i) 121,951 were granted to the reporting person as an inducement award to accept employment with us as our Chief Executive Officer and (ii) 228,659 represent his annual equity award for 2019, in each case as contemplated by the terms of the reporting person's employment with the Issuer, and were calculated based on the closing price per share of the Issuer's common stock on The Nasdaq Global Market on February 25, 2019. All restricted stock units reported on this form will vest in three approximately equal annual installments beginning on February 26, 2020.