UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Chief Operating Officer Separation
On June 3, 2021, the Board of Directors (the “Board”) of Gulfport Energy Corporation (the “Company”) accepted Donnie Moore’s notice of resignation and intent to retire and reached an agreement whereby Mr. Moore will no longer serve in his position as Chief Operating Officer of the Company effective as of June 11, 2021.
The Board treated Mr. Moore’s departure from the Company as a termination without “cause” during a “change of control” period pursuant to his employment agreement, dated as of August 1, 2019, by and between the Company and Mr. Moore (the “Employment Agreement”). Subject to the execution and non-revocation of the release substantially in the form attached to the Employment Agreement, Mr. Moore will receive the severance payments set forth in Section 6.1.2(c) of the Employment Agreement.
The foregoing description of the terms and conditions of the Employment Agreement does not purport to be complete and is qualified in its entirety by the full text of the Employment Agreement, a copy of which is attached as Exhibit 10.4 to the Company’s 10-Q filed on August 2, 2019, and incorporated herein by reference.
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Item 9.01 - Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. |
Description | |
10.1* | Employment Agreement, entered into and effective as of August 1, 2019, by and between the Company and Donnie Moore (incorporated by reference to Exhibit 10.4 to the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2019, filed on August 2, 2019). | |
104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. | |
* | Previously filed |
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SIGNATURES
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: June 4, 2021 | Gulfport Energy Corporation | |
By: | /s/ Patrick Craine | |
Name: Title: |
Patrick Craine Executive Vice President, General Counsel | |
and Corporate Secretary |
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