Gran Tierra Energy Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Gran Tierra Energy Inc. will host its virtual Annual Meeting of Stockholders on May 2, 2024.</b>

AI Summary

GRAN TIERRA ENERGY INC. (GTE) filed a Proxy Statement (DEF 14A) with the SEC on March 21, 2024. Gran Tierra Energy Inc. will hold its Annual Meeting of Stockholders on May 2, 2024, at 10:00 a.m. Mountain Time. The meeting will be conducted virtually. The filing is a Definitive Proxy Statement (DEF 14A). The company's fiscal year ends on December 31. Gran Tierra Energy Inc. is incorporated in Delaware.

Why It Matters

For investors and stakeholders tracking GRAN TIERRA ENERGY INC., this filing contains several important signals. This DEF 14A filing provides essential information for stockholders regarding the upcoming annual meeting, including details on voting procedures and company governance. As a publicly traded energy company, Gran Tierra's proxy statement is crucial for shareholders to understand executive compensation, board nominations, and other corporate actions.

Risk Assessment

Risk Level: low — GRAN TIERRA ENERGY INC. shows low risk based on this filing. The filing is a routine proxy statement and does not contain new financial performance data or strategic announcements that would significantly alter the risk profile.

Analyst Insight

Stockholders should review the proxy statement to understand proposals, executive compensation, and vote accordingly.

Key Numbers

• 2024-05-02 — Annual Meeting Date (Annual Meeting of Stockholders)
• 10:00 a.m. Mountain Time — Annual Meeting Time (Annual Meeting of Stockholders)
• 1231 — Fiscal Year End (Company fiscal year end)

Key Players & Entities

• Gran Tierra Energy Inc. (company) — Registrant name
• May 2, 2024 (date) — Annual Meeting date
• 10:00 a.m. Mountain Time (time) — Annual Meeting time
• DEF 14A (document) — Filing type
• 1934 Act (regulation) — SEC Act
• 001-34018 (identifier) — SEC file number
• 24769709 (identifier) — Film number
• DE (location) — State of incorporation

FAQ

Industry Context

Gran Tierra Energy Inc. operates in the crude petroleum and natural gas industry.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, specifically Section 14(a), which governs proxy solicitations.

What Investors Should Do

1. Review the proxy statement for details on proposals and voting.
2. Attend the virtual Annual Meeting on May 2, 2024.
3. Vote on matters presented at the Annual Meeting.

Key Dates

• 2024-05-02: Annual Meeting of Stockholders — Key date for stockholder participation and voting.

Year-Over-Year Comparison

This is a DEF 14A filing for the 2024 Annual Meeting, following previous filings related to the company's operations and financial reporting.

Filing Documents

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• 0001193125-24-073394.txt (&nbsp;) — 11136KB
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Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 34 Executive Officers 36 Page

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 37 Summary Compensation Table 46 2023 Grants of Plan-Based Awards 47 Outstanding Equity Awards at December 31, 2023 48 2023 Option Exercises and Stock Vested 49 Estimated Potential Payments 51 PAY VS PERFORMANCE DISCLOSURE 52 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 55 STOCKHOLDER PROPOSALS 55 HOUSEHOLDING OF PROXY MATERIALS 56 OTHER MATTERS 56 Table of Contents Proxy Statement Summary This summary highlights information contained elsewhere within this proxy statement. You should read the entire proxy statement carefully and consider all information before voting. Page references are supplied to help you find further information in this proxy statement. This summary does not contain all of the information you should consider, and we encourage you to read the entire proxy statement before voting. References to "we", "us", "our", "Gran Tierra" or the "Company" are to Gran Tierra Energy Inc. This proxy statement is first being mailed to our stockholders beginning on March 21, 2024. Holders of shares on March 6, 2024, the record date, are entitled to notice of, and to vote at, our meeting or any adjournment thereof. Important Notice Regarding the Availability of Materials for the 2024 Annual Meeting of Shareholders to be Held on May 2, 2024 : The proxy statement and our Annual Report for the fiscal year ended December 31, 2023 are available free of charge at https://www.grantierra.com/events/2024-annual-meeting/. 2024 Annual Meeting of Stockholders Date: May 2, 2024 Time: 10:00 a.m. (Mountain Time) Location: Virtual-only meeting via live webcast online at https:/web.lumiagm.com/263419250 Record Date: March 6, 2024 Voting Matters and Board Recommendations Voting Matter Board Vote Recommendation Proposal 1: Election of Directors (page 9) The Board and the Nominating and Corporate Governance Committee believe that each of the director nominees possesses the necessary

Executive Compensation Highlights

Executive Compensation Highlights Our compensation philosophy and programs are based on the following core principles: attract and retain highly capable individuals and offer competitive compensation opportunities, pay for performance, and align the interests of management with our stockholders. Our equity compensation program is designed to be aligned with the interests of our stockholders and focus on pay-for-performance: The majority of 2023 executive compensation is considered to be "at risk" because its value is based on specific performance criteria and/or stock price appreciation and payout is not guaranteed. In 2023, 80% of the value of equity awards granted to the Named Executive Officers ("NEOs") consisted of performance share units ("PSUs") and 20% consisted of stock options. The target for total compensation for each of our NEOs is approximately the 50 th percentile as compared to the Company's compensation peer group. Gran Tierra Energy 2024 Proxy Statement 3 Table of Contents Questions and Answers About the Proxy Materials and 2024 Annual Meeting Why am I receiving these materials? We are sending you these proxy materials because the Board of Directors (the "Board") of Gran Tierra Energy Inc., a Delaware corporation ("Gran Tierra" or the "Company"), is soliciting your proxy to vote at the 2024 annual meeting of stockholders, including at any adjournments or postponements of the annual meeting. You are invited to attend the annual meeting, which is being held in a virtual-only format by way of webcast accessed at https:/web.lumiagm.com/263419250, to vote on the proposals described in this proxy statement. However, you do not need to attend the annual meeting to vote your shares. Instead, if you are a stockholder of record of our common stock, you may simply complete, sign and return the proxy card if you received a paper copy of our proxy materials, or follow the instructions below to submit your proxy through the internet. S

View Full Filing

View this DEF 14A filing on SEC EDGAR