Silver Point Capital, L.P. bought GPOR
May 23, 2024 · Form 4 insider transaction
Silver Point Capital, L.P. bought 964 shares of Gulfport Energy Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
Footnotes
Represents a grant of 964 time based restricted shares to David Reganato, a director of the Issuer and employee of Silver Point Capital, L.P. ("Silver Point"), that was awarded pursuant to the Issuer's 2021 Stock Incentive Plan. These restricted shares will vest in one installment on May 23, 2025. Mr. Reganato has an understanding with Silver Point pursuant to which he holds shares for the benefit of Silver Point and certain of its affiliates. Accordingly, Mr. Reganato disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3 thereunder.