GTE Gran Tierra Energy

• $12.2M bought by 3 insiders
• $28M sold by 4 insiders outside a trading plan
• None no planned (10b5-1) sales

1. Insider
   Trade
   Value
   Traded, filed
2. Equinox Partners Investment Management LLC 10% owner, +3 joint filers
   Sale
   $6.3M 674,949 shares at $9.27 69% of stake
   Traded Aug 13–14 Filed Aug 17
   ↗
3. Equinox Partners Investment Management LLC 10% owner, +3 joint filers
   Sale
   $3.9M 413,887 shares at $9.38 54% of stake
   Traded Aug 11–12 Filed Aug 13
   ↗
4. Equinox Partners Investment Management LLC 10% owner, +3 joint filers
   Sale
   $2M 218,053 shares at $9.07 36% of stake
   Traded Aug 7–10 Filed Aug 11
   ↗
5. Equinox Partners Investment Management LLC 10% owner, +3 joint filers
   Sale
   $15.4M 1,600,000 shares at $9.64 80% of stake
   Traded Aug 5–6 Filed Aug 10
   ↗
6. LM Asset Management Inc. 10% owner, +2 joint filers
   Buy
   $400K 58,000 shares at $6.89 +1.3% to stake
   Traded Aug 3–4 Filed Aug 5
   ↗
7. LM Asset Management Inc. 10% owner, +2 joint filers
   Buy
   $193K 32,000 shares at $6.04 +0.7% to stake
   Traded Jun 25 Filed Jun 29
   ↗
8. LM Asset Management Inc. 10% owner, +2 joint filers
   Buy
   $635K 86,000 shares at $7.38 +2% to stake
   Traded Jun 5–9 Filed Jun 9
   ↗
9. LM Asset Management Inc. 10% owner, +2 joint filers
   Buy
   $624K 75,000 shares at $8.32 +1.8% to stake
   Traded May 22–26 Filed May 26
   ↗
10. LM Asset Management Inc. 10% owner, +2 joint filers
    Buy
    $256K 30,000 shares at $8.53 +0.7% to stake
    Traded May 7–11 Filed May 11
    ↗
11. LM Asset Management Inc. 10% owner, +2 joint filers
    Buy
    $891K 97,000 shares at $9.19 +2.4% to stake
    Traded May 1–5 Filed May 5
    ↗
12. Sebastien Morin COO
    Sale
    $252K 26,750 shares at $9.42 45% of stake
    Traded Mar 30 Filed Apr 2
    ↗
13. Ryan Ellson CFO
    Sale
    $164K 20,800 shares at $7.88 21% of stake
    Traded Mar 6–9 Filed Mar 10
    ↗
14. LM Asset Management Inc. 10% owner, +2 joint filers
    Buy
    $605K 94,000 shares at $6.43 +2.4% to stake
    Traded Mar 2–4 Filed Mar 4
    ↗
15. LM Asset Management, Inc. 10% owner, +2 joint filers
    Buy
    $331K 62,000 shares at $5.33 +43% to stake
    Traded Feb 12–17 Filed Feb 17
    ↗
16. LM Asset (IM) Inc. 10% owner, +2 joint filers
    Buy
    $310K 80,000 shares at $3.87 +2.1% to stake
    Traded Jan 7 Filed Jan 9
    ↗

Also filed in the last 12 months, not counted as buying or selling: 96 stock grants, 12 option exercises, and 8 sales back to the company.