SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Pruckl Thor

(Last) (First) (Middle)
9800 RICHMOND AVE STE 700

(Street)
HOUSTON TX 77042-4685

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VAALCO ENERGY INC /DE/ [ EGY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/16/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
11/18/2022
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/16/2022 M 37,337 A $1.23 133,575(1) D
Common Stock 11/16/2022 S 37,337 D $5.34(2) 96,238(1) D
Common Stock 11/17/2022 M 9,706 A $1.23 105,944(1) D
Common Stock 11/17/2022 S 9,706 D(3) $5.2(4) 96,238(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $1.23 11/16/2022 M 37,337 06/25/2021 06/25/2030 Common Stock 37,337 $0.00 33,238 D
Employee Stock Option (right to buy) $1.23 11/17/2022 M 9,706 06/25/2021 06/25/2030 Common Stock 9,706 $0.00 23,552 D
Explanation of Responses:
1. Includes 86,238 shares of restricted stock granted to the reporting person pursuant to VAALCO Energy, Inc. 2020 Long Term Incentive Plan.
2. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.32 to $5.37, inclusive. The reporting person undertakes to provide to VAALCO Energy, Inc., any security holder of VAALCO Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
3. On November 18, 2022, the reporting person filed a Form 4 which inadvertently included the incorrect transaction code of "A" indicating an acquisition of securities. As reported by this amendment, the reporting person disposed of the securities indicated.
4. This price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.20 to $5.22, inclusive. The reporting person undertakes to provide to VAALCO Energy, Inc., any security holder of VAALCO Energy, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.
Remarks:
/s/Thor Pruckl by Matthew Powers as Attorney-in-Fact 11/18/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.