CIVITAS RESOURCES, INC. — Director's Dealing 2014

Nov 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2014-11-11

Reporting Person: Carty Richard J (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-11	Common Stock	A	18546	—	Acquired	25231	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-11	Performance Shares	$	A	18546	Acquired	2017-11-11	Common Stock (18546)	Direct

Footnotes

F1: Includes (i) 4,331 shares of common stock, (ii) 2,354 shares of common stock vesting on the day prior to the Company's 2015 Annual Meeting of Stockholders and (iii) 18,546 shares of restricted common stock subject to vesting.

F2: 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.