X0306 4 2022-03-11 0 0000894627 VAALCO ENERGY INC /DE/ EGY 0001772934 Silver Michael G 9800 RICHMOND AVENUE, SUITE 700 HOUSTON TX 77042 0 1 0 0 EVP, Gen. Counsel & Corp. Sect Common Stock 2022-03-11 4 A 0 20464 0.00 A 117634 D Employee Stock Option (right to buy) 6.41 2022-03-11 4 A 0 46221 0.00 A 2023-03-11 2032-03-11 Common Stock 46221 46221 D Represents shares of restricted stock granted to the reporting person pursuant to the VAALCO Energy, Inc. 2020 Long Term Incentive Plan. The shares vest in three equal annual installments beginning on the first anniversary of the date of grant. On March 11, 2022, the reporting person was granted an option, pursuant to the Plan, to purchase 46,221 shares of common stock. The option vests in three equal annual installments beginning on the first anniversary of the date of grant based upon satisfaction of stock price appreciation of 15.0%, 32.5% and 52.5%, respectively, using a 30-day average stock price from the stock price on the date of the grant. Michael G. Silver 2022-03-15