Gulfport Energy Corporation Annual report pursuant to Section 13 and 15(d)

Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2012

A summary of the status of stock options and related activity for the years ended December 31, 2012, 2011 and 2010 are presented below:



	Shares		Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value
Options outstanding at December 31, 2009	508,630		$	7.14	5.38	$	2,192,000
Granted	—		—
Exercised	(48,889	)	6.46			545,000
Forfeited/expired	(1,500	)	2.00
Options outstanding at December 31, 2010	458,241		7.23		4.48	$	6,621,000
Granted	—		—
Exercised	(102,000	)	9.74			2,308,000
Forfeited/expired	—		—
Options outstanding at December 31, 2011	356,241		6.51		3.41	$	8,172,000
Granted	—		—
Exercised	(21,000	)	8.80			628,000
Forfeited/expired	—		—
Options outstanding at December 31, 2012	335,241		$	6.37	2.39	$	10,678,000
Options exercisable at December 31, 2012	335,241		$	6.37	2.39	$	10,678,000

The following table summarizes information about the stock options outstanding at December 31, 2012:



Exercise Price		Number Outstanding	Weighted Average Remaining Life (in years)	Number Exercisable
$	3.36	205,241	2.06	205,241
$	9.07	5,000	2.69	5,000
$	11.20	125,000	2.92	125,000
		335,241		335,241

The following table summarizes restricted stock activity for the twelve months ended December 31, 2012, 2011 and 2010:



	Number of Unvested Restricted Shares		Weighted Average Grant Date Fair Value
Unvested shares as of December 31, 2009	60,244		$	6.01
Granted	111,667		12.94
Vested	(58,525	)	8.17
Forfeited	—		—
Unvested shares as of December 31, 2010	113,386		$	11.72
Granted	153,332		$	31.15
Vested	(63,370	)	12.87
Forfeited	—		—
Unvested shares as of December 31, 2011	203,348		$	26.02
Granted	196,832		$	35.87
Vested	(135,015	)	29.59
Forfeited	(19,334	)	26.81
Unvested shares as of December 31, 2012	245,831		$	31.88