CIVITAS RESOURCES, INC. — Director's Dealing 2016

Oct 5, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2016-10-01

Reporting Person: Fenoglio Scott A (SVP, Finance & Planning)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10608	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
LTIP Units	$		Common Stock (80217)		Direct

Footnotes

F1: Includes (i) 4,147 shares of common stock and (ii) 6,461 shares of restricted common stock subject to vesting.

F2: Each LTIP unit represents a contingent right to receive one share of BCEI common stock, subject to adjustment as described in Footnote 4.

F3: This award will vest in three equal installments on March 15, 2017, March 15, 2018, and March 15, 2019.

F4: The distribution at each vesting date will be adjusted downward if the BCEI stock price exceeds $26.00, so that the distribution represents a value equivalent to $26.00 per share.