Amplify Energy Corp. — Director's Dealing 2022

Feb 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Amplify Energy Corp. (AMPY)
CIK: 0001533924
Period of Report: 2022-02-01

Reporting Person: Lopez Anthony William (See Remarks)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-01	Common Stock, par value $0.01 per share	M	7191	—	Acquired	37612	Direct
2022-02-01	Common Stock, par value $0.01 per share	F	2133	$3.11	Disposed	35479	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-01	Restricted Stock Units	$	A	21573	Acquired		Common Stock (21573)	Direct
2021-04-01	Restricted Stock Units	$	A	28764	Acquired		Common Stock (28764)	Direct
2022-02-01	Restricted Stock Units	$	A	27816	Acquired		Common Stock (27816)	Direct
2022-02-01	Restricted Stock Units	$	A	27816	Acquired		Common Stock (27816)	Direct

Footnotes

F1: Reflects shares of common stock, par value $0.01 per share ("Common Stock") of Amplify Energy Corp. (the "Company") granted upon settlement of previously awarded restricted stock units with performance and service-based vesting conditions ("PSUs").

F2: The total shares reported as directly held in Table I, Column 5 of this Form 4 reflect a decrease of 21,573 shares representing previously awarded, but unvested, PSUs and 28,764 shares representing previously awarded, but unvested, restricted stock units with service-based vesting conditions ("TSUs") that were previously reported in Table I. These PSUs and TSUs are now reported in Table II of this Form 4.

F3: These PSUs were granted under the Amplify Energy Corp. Equity Incentive Plan and vest pursuant to the Company's achievement of certain performance goals and so long as the reporting person remains employed by the Company through the vesting date. Each PSU represents a contingent right to receive, upon vesting, up to 200% of one share of the Company's Common Stock.

F4: These TSUs were granted under the Amplify Energy Corp. Equity Incentive Plan. One-third of the TSUs vest on the first anniversary of the date of grant, one-third of the TSUs vest on the second anniversary of the date of grant and one-third of the TSU's vest on the third anniversary of the date of grant, so long as the reporting person remains an officer of the Company through the applicable vesting date. Each TSU represents a contingent right to receive one share of Common Stock of the Company upon vesting.

F5: Share amount reflects an aggregate number and represents 27,816 TSUs. These TSUs were granted under the Amplify Energy Corp. Equity Incentive Plan and vest on the first anniversary of the date of grant so long as the reporting person remains employed by the Company through the vesting date. The TSUs convert into the Company's Common Stock on a one-for-one basis.

F6: Share amount reflects an aggregate number and represents 27,816 PSUs. These PSUs were granted under the Amplify Energy Corp. Equity Incentive Plan and vest pursuant to the Company's achievement of certain performance goals and so long as the reporting person remains employed by the Company through the vesting date. Each PSU represents a contingent right to receive, upon vesting, up to 200% of one share of the Company's Common Stock.