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Permian Resources Corp Director's Dealing 2016

May 13, 2016

30556_dirs_2016-05-13_f029c829-6481-4e74-a6b6-4711defee21a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Silver Run Acquisition Corp (SRAQU)
CIK: 0001658566
Period of Report: 2016-05-11

Reporting Person: Papa Mark G (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-05-11 Class A Common Stock P 10000 Acquired 10000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-05-11 Common Stock Warrants (right to buy) $ P 3333 Acquired Class A Common Stock (3333) Direct

Footnotes

F1: The reported securities are included within 10,000 units of the Issuer (the "Units") purchased by the reporting person for an average price of $10.29 per Unit in open-market transactions. Each Unit consists of one share of the Issuer's Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), and one-third of one warrant (each whole warrant, a "Warrant"). Each whole Warrant entitles the holder thereof to purchase one share of Class A Common Stock at a price of $11.50 per share as described under the heading "Description of Securities-Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-209140). The Issuer's Class A Common Stock and Warrants may be traded separately.

F2: The Warrants will become exercisable at any time commencing on the later of 30 days after the completion of the Issuer's initial business combination or 12 months following the closing of the Issuer's initial public offering, as described under the heading "Description of Securities-Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-209140).

F3: The Warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation, as described under the heading "Description of Securities-Warrants" in the Issuer's registration statement on Form S-1 (File No. 333-209140).