RNS Number : 1662Z
Gran Tierra Energy Inc.
03 March 2025
 

 

 

 

 

March 3, 2025

 

Gran Tierra Energy Inc.

(the "Company")

 

Notification of Transactions in the Company's Shares by Directors and Persons Discharging Managerial Responsibility

 

The Company announces the following transactions in Performance Stock Units and Restricted Stock Units undertaken by directors / persons discharging managerial responsibility ("PDMRs").

 

Performance Stock Units ("PSUs") and Restricted Stock Units ("RSUs") have been granted to certain PDMRs effective February 26, 2025. The PSUs entitle the holder to receive, at the option of the Company, either the underlying number of shares of the Company's common stock upon vesting of such units or a cash payment equal to the value of the underlying shares. The PSUs granted on February 26, 2025 vest after three years, subject to the continued employment of the grantee. Each RSU represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock. RSUs will vest annually in equal increments over a three-year period. Vested shares will be delivered to the reporting person upon vesting. 

 

The notification set out below is provided in accordance with the requirement of Article 19 of the EU Market Abuse Regulation.

 

Contact Information:

Gary Guidry
President and Chief Executive Officer

Ryan Ellson
Executive Vice President and Chief Financial Officer

Phillip Abraham
Executive Vice President, Legal and Land


 (403) 265-3221

info@grantierra.com

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gary Guidry, President and Chief Executive Officer

Ryan Ellson, Executive Vice President and Chief Financial Officer
Sebastien Morin, Chief Operating Officer
Jim Evans, Executive Vice President, Corporate Services
Phillip Abraham, Executive Vice President, Legal and Land

2

Reason for the notification

a)

Position/status

See 1 a) above

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Gran Tierra Energy Inc.

b)

LEI

549300IH2S17MAIUCM32

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Performance Stock Units

 

Each Performance Stock Unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock.

 


Identification code

n/a

b)

Nature of the transaction

Grant of Performance Stock Units

c)

Price(s) and volume(s)

 

PDMR

Price(s)

Volume (s)

Gary Guidry

Ryan Ellson

Sebastien Morin

Jim Evans

Phillip Abraham

n/a

n/a

n/a

n/a

n/a

229,508

143,443

143,443

110,656

98,361

d)

Aggregated information

- Aggregated volume

- Price

 

Price(s)

Volume (s)

USD 0.00

725,411

e)

Date of the transaction

26 February 2025

f)

Place of the transaction

Outside a trading venue                                                  


 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Restricted Stock Units

 

Each Restricted Stock Unit represents a contingent right to receive one share of Gran Tierra Energy Inc. common stock.


Identification code

n/a

b)

Nature of the transaction

Grant of Restricted Stock Units

c)

Price(s) and volume(s)

 

PDMR

Price(s)

Volume (s)

Gary Guidry

Ryan Ellson

Sebastien Morin

Jim Evans

Phillip Abraham

n/a

n/a

n/a

n/a

n/a

57,377

35,861

35,861

27,664

24,590

d)

Aggregated information

- Aggregated volume

- Price

 

Price(s)

Volume (s)

USD 0.00

181,353

e)

Date of the transaction

26 February 2025

f)

Place of the transaction

Outside a trading venue                                                  




 

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