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: TRIMBLE JAMES M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-01	Common Stock	A	1636	$0.0	Acquired	1636	Direct
2021-11-01	Common Stock	A	3435	$0.0	Acquired	5071	Direct

Footnotes

F1: The Reporting Person was granted an award of unrestricted shares of the Issuer's Common Stock on November 1, 2021, pursuant to the Issuer's Independent Director Compensation policy and the Issuer's 2021 Long Term Incentive Plan. The number of shares was determined by dividing the award value of $83,333 by $50.95 (which was the volume weighted average price of a share for the 30-trading day period ending on October 29, 2021).

F2: Represents 3,435 Deferred Stock Units ("DSUs") granted on November 1, 2021, pursuant to the Issuers Independent Director Compensation policy and the Issuer's 2021 Long Term Incentive Plan. The number of DSUs was determined by dividing the award value of $175,000 by $50.95 (the volume weighted average price of a share for the 30-trading day period ending on October 29, 2021, which shall vest one-third on January 1, 2022, one-third on April 1, 2022, and become fully vested on the date of the 2022 annual stockholder meeting.