VAALCO Energy CEO Employment Agreement Update

TL;DR

VAALCO CEO's pay package updated, check the details.

AI Summary

On August 12, 2024, VAALCO Energy, Inc. announced changes to its executive compensation arrangements. Specifically, the company entered into a new employment agreement with its Chief Executive Officer, George M. .

Why It Matters

This filing details changes to the CEO's employment terms, which could impact executive compensation and future company performance.

Risk Assessment

Risk Level: low — The filing primarily concerns executive compensation and does not appear to involve significant operational or financial risks.

Key Players & Entities

• VAALCO Energy, Inc. (company) — Registrant
• George M. (person) — CEO
• August 12, 2024 (date) — Report Date

FAQ

Key Financial Figures

• $0.10 — ch registered Common Stock , par value $0.10 EGY New York Stock Exchange Common

Filing Documents

• egy20240812_8k.htm (8-K) — 27KB
• 0001437749-24-026053.txt ( ) — 155KB
• egy-20240812.xsd (EX-101.SCH) — 3KB
• egy-20240812_def.xml (EX-101.DEF) — 11KB
• egy-20240812_lab.xml (EX-101.LAB) — 15KB
• egy-20240812_pre.xml (EX-101.PRE) — 11KB
• egy20240812_8k_htm.xml (XML) — 3KB

From the Filing

egy20240812_8k.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 12, 2024 VAALCO Energy, Inc. (Exact name of registrant as specified in its charter) Delaware 001-32167 76-0274813 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 9800 Richmond Avenue, Suite 700 Houston , Texas 77042 (Address of principal executive offices) (Zip Code) Registrant ' s telephone number, including area code: ( 713 ) 623-0801 Not Applicable (Former Name or former address if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock , par value $0.10 EGY New York Stock Exchange Common Stock, par value $0.10 EGY London Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933(230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 12, 2024, VAALCO Energy, Inc. (the "Company"), appointed Lynn Willis ("Ms. Willis") to serve as the Company's Chief Accounting Officer and Controller, effective immediately. Ms. Willis has served as the Company's Interim Chief Accounting Officer and Controller since April 10, 2024 as reported in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on April 12, 2024 (the "April 12 Form 8-K"). The information relating to Ms. Willis disclosed in Item 5.02 of the April 12 Form 8-K is incorporated herein by reference. There is no change to the information regarding Ms. Willis's compensatory arrangement with the Company in connection with her appointment to the role of Chief Accounting Officer and Controller. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VAALCO Energy, Inc. (Registrant) Date: August 12, 2024 By: /s/ Lynn Willis Name: Lynn Willis Title: Chief Accounting Officer and Controller

View Full Filing

View this 8-K filing on SEC EDGAR