Moreira Julio Cesar Dias 4
4 · GRAN TIERRA ENERGY, INC. · Filed Mar 8, 2012
Insider Transaction Report
Form 4
Moreira Julio Cesar Dias
Pres., GT Brasil Ltda.
Transactions
- Exercise of In-Money
Stock Option (Rt to Buy)
2012-03-08−75,000→ 50,000 totalExercise: $3.95From: 2010-09-08Exp: 2019-09-07→ Common Stock (75,000 underlying) - Exercise of In-Money
Common Stock
2012-03-08$3.95/sh+75,000$296,250→ 75,000 total - Sale
Common Stock
2012-03-08$6.12/sh−75,000$459,000→ 0 total
Holdings
- 4,000(indirect: By Saba Investment Holdings Ltd.)
Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.10 to $6.17, inclusive. The reporting person undertakes to provide to Gran Tierra Energy Inc., any security holder of Gran Tierra Energy Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- [F2]1/3rd of the option shares shall vest on 9/8/10, an additional 1/3rd of the option shares shall vest on 9/8/11 and the balance of the option shares shall vest on 9/8/12.