SEC Form 4 · accession 0001209191-15-042909
GRAN TIERRA ENERGY INC. · GTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Guidry
Officer — President and CEO
Period of report
May 12, 2015
Accepted (ET)
May 14, 2015 · 5:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001273441
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 12, 2015 | A | 95,000 | $0.00 | A | 95,000 | D | |
| Common Stock | holding | — | — | — | 2,149,124 | I | By West Face SPV (Cayman) I L.P. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Rt to Buy)F2 | $3.69 | May 12, 2015 | A | 600,000 | A | — | May 11, 2020 | Common Stock | 600,000 | 600,000 | D |
Explanation of responses
- F1Reflects 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 May 12, 2016, May 12, 2017 and May 12, 2018, until fully vested.
- F21/3rd of the option shares shall vest on May 12, 2016, an additional 1/3rd of the option shares shall vest on May 12, 2017 and the balance of the option shares shall vest on May 12, 2018.