CIVITAS RESOURCES, INC. — Director's Dealing 2021

Nov 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIVITAS RESOURCES, INC. (CIVI)
CIK: 0001509589
Period of Report: 2021-11-15

Reporting Person: MARTER IV CYRUS D (General Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-15	Common Stock	M	7000	$34.36	Acquired	62895	Direct
2021-11-15	Common Stock	S	7000	$56.0	Disposed	55895	Direct
2021-11-15	Common Stock	M	5000	$34.36	Acquired	60895	Direct
2021-11-15	Common Stock	S	5000	$56.6371	Disposed	55895	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-15	Non-Qualified Stock Option (right to buy)	$34.36	M	7000	Disposed	2027-04-28	Common Stock (7000)	Direct
2021-11-15	Non-Qualified Stock Option (right to buy)	$34.36	M	5000	Disposed	2027-04-28	Common Stock (5000)	Direct

Footnotes

F1: The price is the weighted average sales price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $56.61 to $56.67. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

F2: The option vested in three equal installments on April 28, 2018, 2019, and 2020.