CIVITAS RESOURCES, INC. — Director's Dealing 2013

Mar 29, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2013-03-28

Reporting Person: Starzer Michael R (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-28	Common Stock	A	24910	—	Acquired	391957	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-28	Performance Shares	$	A	8303	Acquired	2015-12-31	Common Stock (8303)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1602753	Indirect
Common Stock	98067	Indirect

Footnotes

F1: Includes (i) 290,923 shares of common stock and (ii) 101,034 shares of restricted common stock subject to vesting.

F2: 1,602,753 shares of common stock held by Bonanza Creek Oil Company, LLC ("BCOC"), for which Mr. Starzer serves as a co-manager. Mr. Starzer disclaims beneficial ownership of shares of the BCOC in which he does not have a pecuniary interest.

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 recieve at the target or 100% level. The performance shares vest upon continued employment and achievement of certain predetermined performance goals.