Company: GPOR
Filing Date: 2025-03-14
Form Type: PRE 14A
Source: 0001213900-25-024139
Chunk: 37

Company: GULFPORT ENERGY CORP
Filing Date: 2025-03-14
Form: PRE 14A
Chunk 37
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, published guidance. Stock Ownership Guidelines for Executive Officers We believe it is important for our executive officers to align their financial interests with those of our stockholders. Accordingly, effective April27, 2022, our Board of Directors adopted a formal stock ownership policy that requires our CEO to achieve a stock ownership level equal to the value of common stock that is five times the value of his annual base salary within five years of the effective date of such stock ownership policy. The Compensation Committee also designated our other executive officers that are subject to Section 16 reporting obligations under the Exchange Act, to be subject to the stock ownership policy. On February20, 2025, our Board of Directors amended the stock ownership guidelines to provide that once a participant has satisfied the stock ownership requirements subsequent declines in the stock price will not affect compliance if the participant retains the number of shares held when they achieved compliance. The stock ownership level for our other NEOs and applicable Section 16 officers is three times the value of their respective annual base salaries to be achieved within five years of the effective date of our stock ownership policy. Messrs. Craine and Sluiter have met the company’s share ownership guidelines. Messrs. Reinhart, Hodges and Rucker have not been in their position long enough to be required to meet the minimum stock ownership guidelines; however, all are on track to do so within the prescribed timeframe through expected grants. Our non -employeedirectors are also subject to the stock ownership policy discussed above under “Stock Ownership Guidelines for Directors.” Anti-Hedging, Pledging and Insider Trading Policies We have a policy prohibiting directors, executive officers and certain other designated employees from speculative trading in our securities, including hedging transactions, short selling, and trading in put options, call options, swaps or collars, or holding our securities in margin accounts. We also have a policy prohibiting directors, executive officers and certain other designated employees from pledging Gulfport securities. To our knowledge, all individuals follow these policies. We have an Insider Trading Policy governing the purchase, sale and other dispositions of our securities by directors, officers and employees that is reasonably designed to promote compliance with insider trading laws, rules and regulations, and listing standards. A copy of the policy was filed as Exhibit 19 to our Annual Report on Form 10 -Kfor the fiscal year ended December31, 2024. Termination and Change of Control Benefits As noted above, certain of our NEOs are (or were formerly) party to an employment agreement with the Company