Permian Resources Corp — Director's Dealing 2023

Jul 28, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Permian Resources Corp (PR)
CIK: 0001658566
Period of Report: 2023-07-25

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-25	Class A Common Stock	A	769600	$11.37	Acquired	1818510	Direct
2023-07-26	Class A Common Stock	S	330059	$11.228	Disposed	1488451	Direct

Footnotes

F1: On July 28, 2020, the reporting person was granted an award of performance restricted stock units ("PSUs"), 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 July 25, 2023, 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.

F2: Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the PSUs. The sales were effected through a mandatory "sell to cover" transaction that did not represent a discretionary trade by the reporting person.

F3: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.115 to $11.385. The reporting person undertakes to provide Permian Resources Corporation (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.