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CIVITAS RESOURCES, INC. Director's Dealing 2014

Dec 22, 2014

31396_dirs_2014-12-22_3c33ffa4-93fb-4a0f-a78a-cbc4365e6cc9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2014-12-20

Reporting Person: Humber Christopher (General Counsel & EVP)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-12-20 Common Stock F 934 $22.11 Disposed 35317 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Performance Shares $ 2015-12-31 Common Stock (2725) 2725 Direct
Performance Shares $ 2016-12-31 Common Stock (8072) 8072 Direct

Footnotes

F1: Represents shares withheld to satisfy tax obligations upon vesting of restricted stock.

F2: Includes (i) 13,463 shares of common stock and (ii) 21,854 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.