---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-021910"
form_type: "8-K"
ticker: "EGY"
cik: "0000894627"
company_name: "VAALCO ENERGY INC /DE/"
filed_at: "2022-09-06T23:59:59+00:00"
generated_at: "2026-06-23T16:06:43.610182+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# VAALCO Energy EVP, General Counsel Michael Silver to resign; retention bonus tied to TransGlobe deal

## Summary
- Michael Silver notified intent to resign; will remain through transition period to facilitate TransGlobe merger.
- Retention bonus: 50% of base salary prorated from Jan 1, 2022, to earlier of deal closing or termination.
- Company has launched executive search to replace Silver; he joined VAALCO in 2018 from ExxonMobil.
- Silver served as EVP, General Counsel, Corporate Secretary, and Chief Compliance Officer.

## SEC filing metadata
- accession: 0001437749-22-021910
- form_type: 8-K
- ticker: EGY
- cik: 0000894627
- company_name: VAALCO ENERGY INC /DE/
- filed_at: 2022-09-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894627/000143774922021910/0001437749-22-021910-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894627/000143774922021910/egy20220902_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-021910
- JSON: https://secwatch.observer/filing/0001437749-22-021910.json
- Plain text: https://secwatch.observer/filing/0001437749-22-021910.txt

## Key facts
- Executive change
  Michael Silver resigned as Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer at VAALCO ENERGY INC /DE/.
  - Action: resigned
  - Role: Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer
  source text: On August 30, 2022, Michael Silver, who currently serves as the Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer of VAALCO Energy, Inc. (the “ Company ”), notified the Company of his intention to resign from the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/894627/000143774922021910/0001437749-22-021910-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.