CIVITAS RESOURCES, INC. — Director's Dealing 2014

Mar 31, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2014-03-28

Reporting Person: Buchanon Anthony G (EVP and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-28	Common Stock	F	683	$46.67	Disposed	28059	Direct
2014-03-28	Common Stock	A	12450	$45.68	Acquired	40509	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-28	Performance Shares	$	A	12450	Acquired	2016-12-31	Common Stock (12450)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Shares	$	2015-12-31	Common Stock (2134)	2134	Direct

Footnotes

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

F2: Includes (i) 7,125 shares of common stock and (ii) 33,384 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.