Company: GPOR
Filing Date: 2025-03-14
Form Type: PRE 14A
Source: 0001213900-25-024139
Chunk: 52

Company: GULFPORT ENERGY CORP
Filing Date: 2025-03-14
Form: PRE 14A
Chunk 52
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art, our President and Chief Executive Officer and Board Director, as of December31, 2023 (the date selected to identify the ‘median employee’, as further described below), and the annual total annualized compensation of Mr.Reinhart. The pay ratio is calculated in a manner consistent with Item 402(u) of Regulation S -K. For the year ended December31, 2024, our last completed fiscal year: •The annual total compensation of our median employee was approximately $124,161. •The total annualized compensation of Mr.Reinhart was approximately $8,988,358. Based on this information, for 2024 the ratio of the annual total compensation of Mr.Reinhart to the median of the annual total compensation of all other employees was approximately 72:1. We selected December31, 2024, as the date upon which we identified the median employee. We reviewed the Medicare Taxable Earnings as reported on IRS Form W -2(Box 5) for 2024 for all individuals employed by us on December31, 2024 (other than Mr.Reinhart) and identified the median employee based on Medicare Taxable Earnings. Once we identified our median employee, we calculated that employee’s annual total compensation for 2024 in the same manner that we determined the total compensation of our NEOs for purposes of the Summary Compensation Table set forth above. This resulted in an annual total compensation of $124,161 for the identified employee for the year ended December31, 2024. The total compensation for Mr.Reinhart was calculated based on the values included in the Summary Compensation Table set forth above, which totaled $8,988,358. Mr.Reinhart participates in the Company’s benefit plans, including the 401(k) plan, has imputed income on Company -paidlife insurance provided to all employees, imputed income on company paid executive long -termdisability insurance, $1,144.95 for spousal travel to attend a business -relatedtrip, income for non -cashfringe benefits for Company -sponsoredsporting event tickets, and receives a monthly gym reimbursement benefit available to all employees. We made no material assumptions, adjustments, or estimates to identify the median employee or to determine total compensation, and we did not annualize the compensation for any employees that were not employed by us the entire year. We believe that the pay ratio is a reasonable estimate calculated in a manner consistent with Item 402(u) of Regulation S -K