CIVITAS RESOURCES, INC. — Director's Dealing 2016

Mar 17, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2016-03-15

Reporting Person: Buchanon Anthony G (EVP, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-15	Common Stock	F	1548.0	$2.24	Disposed	55760	Direct
2016-03-15	Common Stock	F	2816.0	$2.24	Disposed	52944	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Shares	$	2016-12-31	Common Stock (12450)	12450	Direct
Performance Shares	$	2017-12-31	Common Stock (22652)	22652	Direct

Footnotes

F1: Includes (i)31,559 shares of common stock and (ii) 21,385 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.