Permian Resources Corp — Director's Dealing 2017

Mar 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Centennial Resource Development, Inc. (CDEV)
CIK: 0001658566
Period of Report: 2017-03-24

Reporting Person: Jensen Brent P (VP, Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-24	Common Stock	A	54837	—	Acquired	54837	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-24	Employee Stock Option (right to buy)	$17.17	A	125000	Acquired	2027-03-24	Class A Common Stock (125000)	Direct

Footnotes

F1: Represents shares of restricted stock granted on March 24, 2017, which vest in three equal annual installments beginning on March 24, 2018.

F2: The option was granted on March 24, 2017 and vests in three equal annual installments beginning on March 24, 2018.