Moore Donnie G 4
4 · GULFPORT ENERGY CORP · Filed Aug 6, 2020
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2020-02-27$0.90/sh−19,498$17,548→ 345,221 total - Disposition to Issuer
Common Stock
2020-08-04−352,981→ 345,221 total
Footnotes (2)
- [F1]On February 27, 2020, the Issuer withheld 19,498 shares of common stock that would have otherwise been issuable to the reporting person to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of one-third of the time-based restricted stock granted under the Issuer's equity incentive plan on February 26, 2019. Consequently, as of February 27, 2020, the reporting person owned 345,221 shares of common stock. A Form 4 reporting this transaction was not previously filed.
- [F2]The reported transaction involved the Reporting Person's voluntary forfeiture of 352,981 shares subject to unvested restricted stock units in connection with the issuer adopting a new executive compensation program.