David P. Smith - 01 Jul 2021 Form 4 Insider Report for GRAN TIERRA ENERGY INC. (GTE)

Role
Director
Signature
/s/ Diane Phillips, Attorney-In Fact
Issuer symbol
GTE
Transactions as of
01 Jul 2021
Net transactions value
$0
Form type
4
Filing time
02 Jul 2021, 20:11:21 UTC
Next filing
05 Oct 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GTE Deferred Stock Units Award $0 +25,225 +6.7% $0.000000 402,479 01 Jul 2021 Common Stock 25,225 Direct F1, F2
transaction GTE Stock Option (Right to Buy) Award $0 +13,824 $0.000000 13,824 01 Jul 2021 Common Stock 13,824 $0.7800 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred stock units convert into common stock on a one-for-one basis.
F2 Each deferred stock unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock. The deferred stock units vest in full at such time as the reporting person ceases to be a member of the Board of Directors of the Issuer.