CIVITAS RESOURCES, INC. — Director's Dealing 2017

Jun 6, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2017-06-05

Reporting Person: Tyree Thomas B JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-05	Common Stock	A	10223	$0.0	Acquired	10223	Direct

Footnotes

F1: Represents restricted stock units with respect to shares of the Issuer's Common Stock granted to the Reporting Person on June 5, 2017 pursuant to the Issuer's 2017 Long Term Incentive Plan. The restricted stock units are scheduled to vest in three equal installments on April 28, 2018, April 28, 2019 and April 28, 2020 and be delivered to the Reporting Person in shares within 30 days after April 28, 2020 (subject to accelerated vesting and delivery on specified terminations of the Reporting Person's service or a change in control of the Issuer). The number of shares was determined by dividing the award value of $375,000 by $36.68 (which was the volume weighted average price of a share for the 30-day period beginning on May 1, 2017).