Thor Pruckl - Nov 7, 2022 Form 3/A - Amendment Insider Report for VAALCO ENERGY INC /DE/ (EGY)

Role: Chief Operating Officer
Signature: /s/Thor Pruckl by Matthew Powers as Attorney-in-Fact
Stock symbol: EGY
Transactions as of: Nov 7, 2022
Transactions value $: $0
Form type: 3/A - Amendment
Date filed: 11/16/2022, 08:12 PM
Date Of Original Report: Nov 7, 2022
Next filing: Nov 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	EGY	Common Stock						86.2K	Nov 7, 2022	Direct	F1
holding	EGY	Common Stock						10K	Nov 7, 2022	Direct

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
holding	EGY	Employee Stock Option (right to buy)							Nov 7, 2022	Common Stock	70.6K	$1.23	Direct	F2
holding	EGY	Employee Stock Option (right to buy)							Nov 7, 2022	Common Stock	44K	$3.14	Direct	F3
holding	EGY	Employee Stock Option (right to buy)							Nov 7, 2022	Common Stock	33K	$6.41	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of restricted stock granted to the reporting person pursuant to the VAALCO Energy, Inc. 2020 Long Term Incentive Plan.
F2	On June 25, 2020, the reporting person was granted an option, pursuant to the Plan, to purchase 70,565 shares of common stock. The option vests in three equal annual installments beginning on the first anniversary of the date of grant based upon satisfaction of stock price appreciation of 15.0%, 32.5% and 52.5%, respectively, using a 30-day average stock price from the stock price on the date of the grant.
F3	On March 3, 2021, the reporting person was granted an option, pursuant to the Plan, to purchase 43,970 shares of common stock. The option vests in three equal annual installments beginning on the first anniversary of the date of grant based upon satisfaction of stock price appreciation of 15.0%, 32.5% and 52.5%, respectively, using a 30-day average stock price from the stock price on the date of the grant.
F4	On March 11, 2022, the reporting person was granted an option, pursuant to the Plan, to purchase 33,025 shares of common stock. The option vests in three equal annual installments beginning on the first anniversary of the date of grant based upon satisfaction of stock price appreciation of 15.0%, 32.5% and 52.5%, respectively, using a 30-day average stock price from the stock price on the date of the grant.