CIVITAS RESOURCES, INC. — Director's Dealing 2014

Jan 29, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2014-01-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-16	Common Stock	J	184	—	Acquired	421428	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	98067	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Shares	$	2015-12-31	Common Stock (8303)	8303	Direct

Footnotes

F1: Represents previously issued and outstanding shares held by Bonanza Creek Oil Company, LLC ("BCOC"), of which Mr. Starzer is a member and co-manager, and distributed by BCOC to Mr. Starzer and the other members of BCOC based on each such member's respective ownership interest in BCOC. In prior reports, Mr. Starzer reported beneficial ownership of these shares.

F2: Includes (i) 313,366 shares of common stock and (ii) 108,062 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 recieve at the target or 100% level. The performance shares vest upon continued employment and achievement of certain predetermined performance goals.