CIVITAS RESOURCES, INC. — Director's Dealing 2021

Nov 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CIVITAS RESOURCES, INC. (CIVI)
CIK: 0001509589
Period of Report: 2021-11-01

Reporting Person: Clark Morris R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-01	Common Stock	A	19674	$0.0	Acquired	19674	Direct

Footnotes

F1: Represents 19,674 Deferred Stock Units ("DSUs") that settle in shares of Issuer common stock, received in exchange for 16,800 DSUs that settled in shares of Extraction Oil & Gas ("Extraction") common stock ("Extraction DSUs") in connection with the consummation of the transaction (the "Merger") contemplated in that certain agreement and plan of merger (the "Merger Agreement") by and between Bonanza Creek Energy, Inc., Raptor Eagle Merger Sub, Inc. and Extraction, dated as of May 9, 2021. Pursuant to the Merger Agreement, the outstanding Extraction DSUs immediately prior to the effective time of the Merger were converted into the right to receive 1.1711 DSUs of Civitas Resources, Inc. (the "Issuer"). The DSUs vest in quarterly installments over a twelve (12) month period following the grant date and will become fully vested on January 20, 2022.