GeoPark (NYSE: GPRK) awards RSUs and PSUs to exploration chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dalle Fiore Rodrigo Andres reported acquisition or exercise transactions in this Form 4 filing.
GeoPark Ltd reported that Chief Exploration & Development Officer Rodrigo Andres Dalle Fiore received new equity awards. He was granted 57,062 Performance Stock Units, representing the maximum number of common shares that may vest based on absolute total shareholder return thresholds. He also received 12,681 common shares as a grant, bringing his direct common share holdings to 48,396, which includes 39,034 restricted stock units. Vesting of the RSUs depends on his continued employment on the applicable vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dalle Fiore Rodrigo Andres
Role
Chief Exploration & Dev. Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 57,062 | $0.00 | -- |
| Grant/Award | Common shares, par value $0.001 per share | 12,681 | $0.00 | -- |
Holdings After Transaction:
Performance Stock Units — 89,271 shares (Direct);
Common shares, par value $0.001 per share — 48,396 shares (Direct)
Footnotes (1)
- Represents restricted stock units (RSUs). Vesting of RSUs is subject to the reporting person's continued employment on the applicable vesting date. Includes 39,034 RSUs. Represents the maximum number of common shares that may vest based upon achievement of absolute total shareholder return thresholds.
FAQ
What equity awards did GeoPark (GPRK) grant to Rodrigo Andres Dalle Fiore?
GeoPark granted Rodrigo Andres Dalle Fiore 57,062 Performance Stock Units and 12,681 common shares. The PSUs represent a maximum share amount tied to total shareholder return, while the common shares were granted at no cost as part of his compensation package.
How do the GeoPark (GPRK) Performance Stock Units for Rodrigo Andres Dalle Fiore vest?
The 57,062 Performance Stock Units represent the maximum number of common shares that may vest. Actual vesting depends on achieving specified absolute total shareholder return thresholds, aligning the award’s value with GeoPark’s stock performance over the measurement period.
What conditions apply to Rodrigo Andres Dalle Fiore’s GeoPark (GPRK) restricted stock units?
His restricted stock units vest only if he remains employed with GeoPark through the applicable vesting dates. This structure is designed to support retention by linking the ultimate receipt of shares to continued service at the company.
Was Rodrigo Andres Dalle Fiore’s GeoPark (GPRK) Form 4 a market buy or sell?
The Form 4 reports compensation-related grants, not market trades. Both the Performance Stock Units and common shares were awarded with a reported price per share of $0.0000, reflecting equity compensation rather than open-market buying or selling activity.