Permian Resources Corp — Director's Dealing 2020

Apr 22, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Centennial Resource Development, Inc. (CDEV)
CIK: 0001658566
Period of Report: 2020-04-01

Reporting Person: Garrison Matthew R. (VP, Chief Operating Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	427952	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$14.52	2026-10-26	Class A Common Stock (150000.0)		Direct

Footnotes

F1: Includes (a) 22,723 shares of restricted stock that will vest on August 2, 2020; (b) 2,472 shares of restricted stock that will vest on February 13, 2021; (c) 44,344 shares of restricted stock that will vest in two equal annual installments beginning on August 1, 2020; (d) 8,253 shares of restricted stock that will vest in two equal annual installments beginning on February 12, 2021; (e) 237,691 shares of restricted stock that will vest in three equal annual installments beginning on August 1, 2020; and (f) 51,308 shares of restricted stock that will vest in three equal annual installments beginning on March 1, 2021.

F2: The option was granted on October 27, 2016 and vested in three equal annual installments beginning on October 27, 2017.