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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 (mailto: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 n/a 229,508
Ryan Ellson n/a 143,443
Sebastien Morin n/a 143,443
Jim Evans n/a 110,656
Phillip Abraham n/a 98,361
d) Aggregated information
Price(s) Volume (s)
- Aggregated volume USD 0.00 725,411
- Price
e) Date of the transaction 26 February 2025
f) Place of the transaction Outside a trading
venue
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 n/a 57,377
Ryan Ellson n/a 35,861
Sebastien Morin n/a 35,861
Jim Evans n/a 27,664
Phillip Abraham n/a 24,590
d) Aggregated information
Price(s) Volume (s)
- Aggregated volume USD 0.00 181,353
- Price
e) Date of the transaction 26 February 2025
f) Place of the transaction Outside a trading
venue
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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