GRAN TIERRA ENERGY INC. 4
4 · GRAN TIERRA ENERGY INC. · Filed May 16, 2016
Insider Transaction Report
Form 4
Johnson Alan Martin
VP, Asset Management
Transactions
- Disposition to Issuer
Common Stock
2016-05-12$2.75/sh−6,666$18,332→ 26,400 total - Exercise/Conversion
Restricted Stock Units
2016-05-12−6,666→ 13,334 total→ Common Stock (6,666 underlying) - Exercise/Conversion
Common Stock
2016-05-12+6,666→ 33,066 total
Footnotes (1)
- [F1]Reflects the receipt of 20,000 restricted stock units that were incorrectly reported on Table I previously. Each restricted stock unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock. The restricted stock units shall vest in three equal consecutive annual instalments on May 12, 2016, May 12, 2017 and May 12, 2018 until fully vested. The settlement for the restricted stock units that vested on May 12, 2016 was solely in cash.