CIVITAS RESOURCES, INC. — Director's Dealing 2014

Jul 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2014-06-30

Reporting Person: Jaques Wade E (VP, Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-30	Common Stock	S	7064	$56.14	Disposed	29138	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Shares	$0	2015-12-31	Common Stock (2452)	2452	Direct
Performance Shares	$	2016-12-31	Common Stock (4980)	4980	Direct

Footnotes

F1: Includes (i) 8,732 shares of common stock and (ii) 20,406 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.

F3: The sales reported on this Form 4 were effected pursuant to a Rule 10b-5-1 trading plan adopted by the reporting person.