Permian Resources Corp — Director's Dealing 2022

Aug 17, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Centennial Resource Development, Inc. (CDEV)
CIK: 0001658566
Period of Report: 2022-08-12

Reporting Person: Smith Sean R. (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-12	Class A Common Stock	A	102236	—	Acquired	3329435	Direct
2022-08-12	Class A Common Stock	F	44882	$7.29	Disposed	3284553	Direct

Footnotes

F1: On July 30, 2019, the reporting person was granted an award of performance restricted stock units, which vest in the form of common stock if certain pre-established performance goals underlying the award are met over the course of a three-year period. On August 12, 2022, the Compensation Committee of the Issuer's Board of Directors certified the level at which the performance goals had been met, resulting in the vesting of these shares.