Compensation of Key Management Personnel

12 Months Ended

Dec. 31, 2021

Compensation Of Key Management Personnel [Abstract]

Compensation of Key Management Personnel

23. COMPENSATION OF KEY MANAGEMENT PERSONNEL

Key management personnel have been identified as the Board of Directors and the three executive officers of the Company (2020 – three executive officers). Salaries, incentives and short-term benefits are composed of salaries and directors’ fees, annual bonuses, and other benefits. Share-based compensation includes compensation to TransGlobe’s key management personnel under the PSU, DSU and stock option Plans.

The compensation relating to key management personnel is as follows:

($000s)	2021		2020
Salaries, incentives and short-term benefits		2,231		1,762
Share-based compensation		1,324		826
Total		3,555		2,588