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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.