Company: GPOR
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001213900-25-028069
Chunk: 46

Company: GULFPORT ENERGY CORP
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 46
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 Category                                             |           Number of 
       securities to 
      be issued upon 
         exercise of 
         outstanding 
            options, 
        warrants and 
 rights (a)(1)(2)(3) | Weighted       
 average        
 exercise price 
 of outstanding 
 options,       
 warrants and   
 rights (b)(3)  |       Number of 
      securities 
       remaining 
   available for 
 future issuance 
    under equity 
    compensation 
 plans excluding 
      securities 
    reflected in 
      column (a) |
| Equity compensation plans approved by security holders(1) |             345,153 | $         —    |       1,945,863 |

(1)Refers to the 2021 Stock Incentive Plan. (2)Includes an aggregate of 167,014 unvested restricted stock units and 178,139shares of unvested performance restricted stock granted under the 2021 Stock Incentive Plan. (3)No options were outstanding as of December 31, 2024, and neither restricted stock units nor shares of restricted common stock have an exercise price. Former Chief Executive Officer Offer Letter and Employment Agreement On April29, 2022, we entered into an employment agreement with Mr.Cutt to serve as our Chief Executive Officer and Executive Chair of the Board of Directors. Pursuant to the employment agreement, the term of Mr.Cutt’s service as Chief Executive Officer shall continue until such time as either Mr.Cutt or the Company gives notice of intent to terminate. Mr.Cutt will continue to serve as Board Chair following the termination of his employment as Chief Executive Officer (subject to the Board’s ability to remove him at any time). The employment agreement also provides for, among other things, (i) an annual base salary of $785,000, (ii) eligibility to receive an annual bonus with a target bonus opportunity of 120% of base salary; (iii) eligibility for annual grants of equity awards as determined in the sole discretion of the Compensation Committee pursuant to the Company’s equity compensation plans; and (iv) benefits that are customarily provided to similarly situated executives of the Company. Mr.Cutt’s employment agreement also contains a one -yearpost -employmentnon -solicitationclause and standard confidentiality, trade secrets and cooperation provisions. On January24, 2023, we entered into a Transition and Services Agreement (“TSA”) with Mr.Cutt where he transitioned employment from Chief Executive Officer to Executive Chair of the Board. The transition period