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CIVITAS RESOURCES, INC. — Director's Dealing 2023
Mar 2, 2023
31396_dirs_2023-03-01_aeee49eb-6558-4d8a-bab4-44e35e91aecd.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: 2023-02-28
Reporting Person: Counts Travis L (Chief Legal Officer & Sec.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-28 | Common Stock | A | 7265 | $0.0 | Acquired | 29964 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-28 | Performance Shares | $ | A | 16953 | Acquired | 2025-12-31 | Common Stock (16953) | Direct |
Footnotes
F1: The restricted stock units are scheduled to vest in three equal installments on February 28, 2024, February 28, 2025, and February 28, 2026.
F2: The number of performance stock units that could be earned and vest under this grant depend on the Issuer's absolute total shareholder return over the performance period beginning on January 1, 2023 and ending on December 31, 2025. The actual number of shares that may vest ranges from zero to 225% of the target number of shares.
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