SEC Form 4 · accession 0001209191-15-056780
GRAN TIERRA ENERGY INC. · GTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brooke N. Wade
Director
Period of report
Jun 24, 2015
Accepted (ET)
Jun 26, 2015 · 4:00 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 | Jun 24, 2015 | P | 100,000 | $2.9148 | A | 100,000 | D | |
| Common Stock | holding | — | — | — | 100,000 | I | By Wade Capital Corporation |
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 | $3.06 | Jun 24, 2015 | A | 85,000 | A | — | Jun 23, 2020 | Common Stock | 85,000 | 85,000 | D |
Explanation of responses
- F1Sale price of non-derivative security was transacted in Canadian currency and converted to U.S. currency.
- F21/3rd of the option shares shall vest on June 24, 2016, an additional 1/3rd of the option shares shall vest on June 24, 2017, and the balance of the option shares shall vest on June 24, 2018.