Gran Tierra Energy : Notification of Director/PDMR Shareholding
February 19, 2020 at 03:58 am EST
Share
February 18, 2020
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 undertaken by directors / persons discharging managerial responsibility.
Performance Stock Units (PSUs) granted to Executives on March 2, 2017 have vested and have been paid out to participants on February 14, 2020. The original grants of PSUs were adjusted by a performance factor of 1.07 and the payment was based on the closing price of the Company's shares on December 31, 2019.
The Notification of Dealing Form for the vesting and payment of the PSUs for PDMRs can be found below.
This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
Contact Information:
Gary Guidry
President and Chief Executive Officer
Ryan Ellson
Executive Vice President and Chief Financial Officer
Rodger Trimble
Vice President, Investor Relations
265-3221info@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
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
Performance Stock Units
the financial
instrument, type
Each Performance Stock Unit represents a contingent right to receive one share of Gran
of instrument
Tierra Energy Inc. common stock.
Identification
n/a
code
b)
Nature of the
Vesting and Cash Settlement of Performance Stock Units
transaction
c)
Price(s) and
volume(s)
PDMR
Price(s)
Volume (s)
Gary Guidry
USD 1.29
325,600
Ryan Ellson
USD 1.29
235,800
Jim Evans
USD 1.29
139,500
Glen Mah
USD 1.29
139,500
Rodger Trimble
USD 1.29
139,500
Lawrence West
USD 1.29
139,500
Aggregated
information
Price(s)
Volume (s)
- Aggregated
volume
USD 1.29
1,119,400
- Price
e)
Date of the
14 February 2020
transaction
f)
Place of the
Outside a trading venue
transaction
Attachments
Original document
Permalink
Disclaimer
Gran Tierra Energy Inc. published this content on 18 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 February 2020 08:57:02 UTC
Gran Tierra Energy Inc. is an independent international energy company. The Company is focused on international oil and natural gas exploration and production with assets in Colombia and Ecuador. The Company has interests in approximately 22 blocks in Colombia, three blocks in Ecuador, and is the operator of 24 of these blocks. Its assets in Colombia represent approximately 99% of its production with oil reserves and production mainly located in the Middle Magdalena Valley (MMV) and Putumayo Basin. In MMV, the Companyâs field is the Acordionero field, where it produces approximately 17-degree American Petroleum Institute (API) oil, which represents 52% of total company production. The Putumayo production is approximately 27-degree API for Chaza Block and 18-degree API for Suoriente Block, representing 25% and 14% respectively, of total company production.
GRAN TIERRA ENERGY INC. 
