Company: GPOR
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000874499-25-000006
Chunk: 68

Company: GULFPORT ENERGY CORP
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 68
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 and RTSR performance compared to peers. Number ofUnvestedRestricted Stock UnitsWeightedAverageGrant DateFair ValueNumber ofUnvestedPerformance Vesting Restricted Stock UnitsWeightedAverageGrant DateFair ValueUnvested shares as of January 1, 2024193,602 $83.89 255,578 $54.40 Granted69,436 142.00 58,346 156.00 Vested(17,720)75.96 — — Forfeited/canceled(747)99.88 — — Unvested shares as of March 31, 2024244,571 $100.91 313,924 $73.28 Granted(1)6,040 155.61 130,012 48.65 Vested(37,665)95.83 (265,797)48.65 Forfeited/canceled(989)117.19 — — Unvested shares as of June 30, 2024211,957 $103.30 178,139 $92.06 Granted— — — — Vested(41,361)69.92 — — Forfeited/canceled(3,386)117.56 — — Unvested shares as of September 30, 2024167,210 $111.27 178,139 $92.06 _____________________(1)    The table includes the impacts of performance share units granted in a prior year that vested higher than 100% of target due to the Company's absolute TSR performance and RTSR performance compared to peers. 

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The aggregate fair value of share-based awards that vested during the three and nine months ended September 30, 2025, was approximately $2.1 million and $28.9 million, respectively, based on the stock price at the time of vesting. During the three and nine months ended September 30, 2024, the aggregate fair value of share-based awards that vested was approximately $6.3 million and $55.5 million, respectively, based on the stock price at the time of vesting.In the second quarter of 2025, upon vesting, the Company settled performance vesting restricted stock units awards that were granted in 2022 in cash. These awards vested at 200% of target