CIVITAS RESOURCES, INC. — Director's Dealing 2015

Mar 13, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2015-03-11

Reporting Person: Zorn Ryan (SVP, Finance & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-11	Common Stock	A	13008	—	Acquired	35460	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-11	Performance Shares	$	A	7701	Acquired	2017-12-31	Common Stock (7701)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Shares	$	2015-12-31	Common Stock (2089)	2089	Direct
Performance Shares	$	2016-12-31	Common Stock (4186)	4186	Direct

Footnotes

F1: Includes (i) 5,756 shares of common stock and (ii) 29,704 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.