K. Craine - May 17, 2021 Form 4 Insider Report for GULFPORT ENERGY CORP (GPOR)

Role: General Counsel
Signature: /s/ Patrick Craine, Attorney-in-Fact
Stock symbol: GPOR
Transactions as of: May 17, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/17/2021, 06:04 PM
Next filing: Jul 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GPOR	Common Stock	Disposed to Issuer	$0	-201K	-100%	$0.00^*	0	May 17, 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	On November 13, 2020, Gulfport Energy Corporation, a Delaware corporation (the "Issuer"), and certain of its subsidiaries (together with the Issuer, the "Company") commenced voluntary cases under chapter 11 of the United States Bankruptcy Code in the United State Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court"). On April 28, 2021, the Bankruptcy Court entered an order (the "Confirmation Order") confirming the Amended Joint Chapter 11 Plan of Reorganization of Gulfport Energy Corporation and Its Debtor Subsidiaries (the "Plan"). On May 17, 2021 (the "Effective Date"), the Plan became effective in accordance with its terms and the Company emerged from chapter 11.
F2	On the Effective Date, all outstanding shares of the Issuer's common stock were cancelled and extinguished in accordance with the Plan approved by the Bankruptcy Court.

Content

On November 13, 2020, Gulfport Energy Corporation, a Delaware corporation (the "Issuer"), and certain of its subsidiaries (together with the Issuer, the "Company") commenced voluntary cases under chapter 11 of the United States Bankruptcy Code in the United State Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court"). On April 28, 2021, the Bankruptcy Court entered an order (the "Confirmation Order") confirming the Amended Joint Chapter 11 Plan of Reorganization of Gulfport Energy Corporation and Its Debtor Subsidiaries (the "Plan"). On May 17, 2021 (the "Effective Date"), the Plan became effective in accordance with its terms and the Company emerged from chapter 11.

On the Effective Date, all outstanding shares of the Issuer's common stock were cancelled and extinguished in accordance with the Plan approved by the Bankruptcy Court.