Timothy J. Cutt - May 17, 2024 Form 4 Insider Report for GULFPORT ENERGY CORP (GPOR)

Role: Director
Signature: /s/ Patrick Craine, Attorney-in-Fact
Stock symbol: GPOR
Transactions as of: May 17, 2024
Transactions value $: -$3,361,720
Form type: 4
Date filed: 5/21/2024, 06:14 PM
Previous filing: Apr 30, 2024
Next filing: May 28, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GPOR	Common Stock	Award	$0	+48.1K	+136.32%	$0.00	83.4K	May 17, 2024	Direct	F1
transaction	GPOR	Common Stock	Tax liability	-$3.36M	-21.2K	-25.44%	$158.37	62.2K	May 17, 2024	Direct	F2

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

Explanation of Responses:

Id	Content
F1	These securities are performance-based restricted stock units for the performance period from May 17, 2021, to May 17, 2024, that were granted under the issuer's equity incentive plan on July 21, 2021. All of these performance-based restricted stock units vested as of May 17, 2024, upon certification by the issuer's compensation committee of the applicable performance conditions on May 17, 2024.
F2	The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement of the performance-based restricted stock units granted on July 21, 2021, and vested upon certification by the issuer's compensation committee on May 17, 2024. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on May 17, 2024.

Content

These securities are performance-based restricted stock units for the performance period from May 17, 2021, to May 17, 2024, that were granted under the issuer's equity incentive plan on July 21, 2021. All of these performance-based restricted stock units vested as of May 17, 2024, upon certification by the issuer's compensation committee of the applicable performance conditions on May 17, 2024.

The issuer withheld shares of common stock that would have otherwise been issuable to the reporting person to satisfy the issuer's tax withholding obligations in connection with the vesting and settlement of the performance-based restricted stock units granted on July 21, 2021, and vested upon certification by the issuer's compensation committee on May 17, 2024. The number of shares of common stock withheld was determined based on the closing price per share of the issuer's common stock on May 17, 2024.