CIVITAS RESOURCES, INC. — Director's Dealing 2013

Jul 3, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2013-07-03

Reporting Person: Grove Gary A (Director, Exec VP Engineering & Planning)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-07-03	Common Stock	J	18421	—	Acquired	287952	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Shares	$	2015-12-31	Common Stock (3051)	3051	Direct

Footnotes

F1: Represents previously issued and outstanding shares held by Bonanza Creek Oil Company, LLC ("BCOC"), of which Mr. Grove is a non-managing member, and distributed by BCOC to Mr. Grove and the other members of BCOC based on each such member's respective ownership interest in BCOC.

F2: Includes (i) 193,756 shares of common stock and (ii) 94,196 shares of restricted common stock subject to vesting.

F3: Each performance share represents a contingent right to receive 0-200% of that number of shares of common stock. The amount listed represents what the Reporting Person would receive at the target or 100% level. The performance shares vest upon continued employment and achievement of certain predetermined performance goals.