Amplify Energy Corp. — Director's Dealing 2023

Jan 9, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Amplify Energy Corp. (AMPY)
CIK: 0001533924
Period of Report: 2023-01-07

Reporting Person: Smiley Richard (SVP, OPERATIONS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-07	Common Stock, par value $0.01 per share	M	18644	—	Acquired	91810	Direct
2023-01-07	Common Stock, par value $0.01 per share	F	5502	$8.79	Disposed	86308	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-01-07	Performance Stock Units	$	M	9322	Disposed		Common Stock (9322)	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"). On January 7, 2023, the Compensation Committee (the "Compensation Committee") of the Company certified the Company's relative total shareholder return performance over the second performance period, which ran from January 1, 2022 through December 31, 2022, resulting in 25% of the PSUs originally granted on April 1, 2021 becoming earned at 200% of the target amount.

F2: 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 the target amount. On January 7, 2023, the Compensation Committee certified the Company's relative total shareholder return performance over the second performance period, which ran from January 1, 2022 through December 31, 2022, resulting in 25% of the PSUs originally granted on April 1, 2021 becoming earned at 200% of the target amount.