CIVITAS RESOURCES, INC. — Director's Dealing 2018

Apr 12, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bonanza Creek Energy, Inc. (BCEI)
CIK: 0001509589
Period of Report: 2018-04-11

Reporting Person: Greager Eric T. (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-04-11	Common Stock	A	147275	$0.0	Acquired	147275	Direct

Footnotes

F1: Represents restricted stock units with respect to shares of the Issuer's Common Stock granted to the Reporting Person on April 11, 2018, pursuant to the employment inducement award exemption of Section 303A.08 under the New York Stock Exchange's Listed Company Manual. The restricted stock units are scheduled to vest in five equal installments on the first five anniversaries of the date of grant. The number of shares was determined by dividing the award value of $4,000,000 by $27.16 (which was the volume-weighted average price of a share for the 10-trading day period immediately preceding the date of grant).