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CIVITAS RESOURCES, INC. — Director's Dealing 2021
Dec 9, 2021
31396_dirs_2021-12-09_ac3accfc-75d0-4308-91e0-929396a16582.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CIVITAS RESOURCES, INC. (CIVI)
CIK: 0001509589
Period of Report: 2021-12-08
Reporting Person: DeMuth Brant (Former EVP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-08 | Common Stock | A | 43255 | $0.0 | Acquired | 82203 | Direct |
| 2021-12-08 | Common Stock | F | 18992 | $57.33 | Disposed | 63211 | Direct |
| 2021-12-08 | Common Stock | F | 14785 | $57.33 | Disposed | 48426 | Direct |
Footnotes
F1: The Reporting Person received 43,255 shares of common stock, par value $0.01 per share, of Civitas Resources, Inc. resulting from accelerated vesting of performance stock units at the target performance level as a result of the Reporting Person's termination of employment upon a change in control at or immediately after the effective time of that certain agreement and plan of merger by and between Bonanza Creek Energy, Inc., Raptor Eagle Merger Sub, Inc. and Extraction Oil & Gas, Inc., dated as of May 9, 2021.
F2: Represents shares withheld to satisfy tax withholding obligations upon vesting of performance stock units.
F3: Represents shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.