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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.