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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 4, 2022

 

 

GRAN TIERRA ENERGY INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

Delaware   001-34018   98-0479924
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

Suite 900, 520-3 Avenue SW
Calgary, Alberta, Canada
T2P 0R3

(Address of Principal Executive Offices)

(Zip Code)

 

(403) 265-3221

(Registrant’s Telephone Number, Including Area Code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which
registered
Common Stock, par value $0.001 per share GTE

NYSE American

Toronto Stock Exchange

London Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

 

 

 

 

Item 5.07.Submission of Matters to a Vote of Security Holders

 

Gran Tierra Energy Inc. (“Gran Tierra”) held its 2022 Annual Meeting of Stockholders (the “Annual Meeting”) on May 4, 2022. The following is a brief description of each matter voted upon at the Annual Meeting, as well as the final tally of (1) the number of votes for, against or abstaining for each director, (2) the number of votes for, against or abstaining for each other matter, and (3) the number of broker non-votes with respect to each matter. A more complete description of each matter is set forth in Gran Tierra’s definitive proxy statement filed with the Securities and Exchange Commission on March 25, 2022 (the “Proxy Statement”).

 

Proposal 1 – Election of Directors

 

Gran Tierra’s stockholders duly elected each of the nominees proposed by Gran Tierra to serve until Gran Tierra’s 2023 Annual Meeting of Stockholders or until their respective successor has been duly elected and qualified. The tabulation of votes on this matter was as follows:

 

Nominee  Shares Voted
For
   Shares Voted
Against
   Shares
Abstaining
   Broker
Non-Votes
 
Gary S. Guidry   103,665,849    2,705,019    335,573    70,556,916 
Peter J. Dey   87,911,653    16,790,829    2,003,958    70,556,916 
Evan Hazell   101,024,231    3,687,499    1,994,709    70,556,916 
Robert B. Hodgins   99,364,937    5,271,675    2,069,828    70,556,916 
Alison Redford   102,220,046    2,277,191    2,209,202    70,556,916 
Ronald W. Royal   102,253,165    2,332,143    2,121,131    70,556,916 
Sondra Scott   99,637,172    4,984,846    2,084,421    70,556,916 
David P. Smith   102,123,557    2,587,313    1,995,570    70,556,916 
Brooke Wade   99,835,833    4,866,966    2,003,641    70,556,916 

 

Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm

 

Gran Tierra’s stockholders ratified the selection of KPMG LLP as Gran Tierra’s independent registered public accounting firm for the fiscal year ending December 31, 2022. The tabulation of votes on this matter was as follows:

 

Shares voted for:   170,088,249 
Shares voted against:   6,495,233 
Shares abstaining:   679,874 
Broker non-votes:   0 

 

 

 

 

Proposal 3 – Approval of Named Executive Officer Compensation

 

Gran Tierra’s stockholders approved, on an advisory basis, the compensation of Gran Tierra’s named executive officers, as disclosed in the Proxy Statement. The tabulation of votes on this matter was as follows:

 

Shares voted for:   94,910,820 
Shares voted against:   10,923,981 
Shares abstaining:   871,640 
Broker non-votes:   70,556,915 

 

Proposal 4 – Approval of the Preferred Frequency of Solicitation of Stockholders Advisory Votes on the Compensation of Gran Tierra’s Named Executive Officers

 

Gran Tierra’s stockholders approved, on an advisory basis, “Every Year” as the preferred frequency of solicitation of stockholder advisory votes on the compensation of Gran Tierra’s named executive officers. The tabulation of votes on this matter was as follows:

 

Every Year:   88,490,938 
Every Two Years:   1,655,691 
Every Three Years:   9,191,649 
Shares Abstaining:   7,353,011 
Broker non-votes:   70,572,067 

 

At the Annual Meeting, in accordance with the recommendation of the Board of Directors, Gran Tierra’s stockholders approved, on an advisory basis, “Every Year” as the preferred frequency of solicitation of stockholder advisory votes on the compensation of Gran Tierra’s named executive officers. In accordance with these results and its previous recommendation, the Board of Directors determined that future advisory votes on named executive compensation will be held every year until the next required advisory vote on the frequency of stockholder votes on the compensation of named executive officers, which Gran Tierra expects to hold no later than its 2028 Annual Meeting of Stockholders.

 

Proposal 5 – Approval of 2007 Equity Incentive Plan, as amended

 

Gran Tierra’s stockholders approved the 2007 Equity Incentive Plan, as amended. The tabulation of votes on this matter was as follows:

 

Shares voted for:   71,854,873 
Shares voted against:   33,685,877 
Shares abstaining:   1,165,690 
Broker non-votes:   70,556,915 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: May 6, 2022 GRAN TIERRA ENERGY INC.
   
   
  /s/ Ryan Ellson
  By:    Ryan Ellson
  Title: Executive Vice President and Chief Financial Officer