Company: GPOR
Filing Date: 2025-05-29
Form Type: S-3ASR
Source: 0001213900-25-048917
Chunk: 28

Company: GULFPORT ENERGY CORP
Filing Date: 2025-05-29
Form: S-3ASR
Chunk 28
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 owner of a depositary receipt will be entitled, in
proportion to the fraction of a share of preferred stock represented by the related depositary share, to all the rights, preferences and
privileges of, and will be subject to all of the limitations and restrictions on, the Preferred Stock represented by the depositary receipt
(including, if applicable, dividend, voting, conversion, exchange redemption and liquidation rights).

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DESCRIPTION OF SHARE PURCHASE CONTRACTS</div>

We may issue Share Purchase
Contracts representing contracts obligating holders, subject to the terms of such Share Purchase Contracts, to purchase from us, and us
to sell to the holders, a specified or varying number of our Common Stock, Preferred Stock or other securities described in this prospectus
at a future date or dates. Alternatively, the Share Purchase Contracts may, subject to the terms of such Share Purchase Contracts, obligate
us to purchase from holders, and obligate holders to sell to us, a specified or varying number of Common Stock, Preferred Stock or other
securities described in this prospectus. The price per unit of our Common Stock, Preferred Stock or other securities described in this
prospectus and number of units may be fixed at the time the Share Purchase Contracts are entered into or may be determined by reference
to a specific formula set forth in the Share Purchase Contracts.

The applicable prospectus
supplement will describe the terms of any Share Purchase Contract. The Share Purchase Contracts will be issued pursuant to documents to
be issued by us. You should read the particular terms of the documents, which will be described in more detail in the applicable prospectus
supplement.

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DESCRIPTION OF UNITS</div>

We may issue Units of Securities
consisting of one or more of the following Securities: Common Stock, Preferred Stock, Debt Securities, Guarantees, Warrants, Depositary
Shares, Share Purchase Contracts or any combination thereof. We may evidence each series of Units issued by unit certificates that we
will issue under a separate agreement. We may enter into unit agreements with a unit agent. Each unit agent will be a bank or trust company
that we select. You should read the particular terms of these documents, which will be described in more detail in the applicable prospectus
supplement.

If we offer any Units, certain
terms of that series of Units will be described in the applicable prospectus supplement, including, without limitation, the following,
as applicable:

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