AI assistant
Permian Resources Corp — Director's Dealing 2024
Mar 9, 2024
30556_dirs_2024-03-08_8e66b47c-312b-452c-bce5-2e62ef57b94d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Permian Resources Corp (PR)
CIK: 0001658566
Period of Report: 2024-03-06
Reporting Person: Walter James H (Director, Co-Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-06 | Class A Common Stock | C | 4000000 | — | Acquired | 4000000 | Direct |
| 2024-03-06 | Class A Common Stock | S | 4000000 | $15.71 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-06 | Common Units | $ | C | 4000000 | Disposed | Class A Common Stock (4000000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Common Units | $ | Class A Common Stock (2989989) | 2989989 | Indirect |
Footnotes
F1: At the request of the reporting person, each Common Unit of Permian Resources Operating, LLC and a corresponding share of Class C common stock of the Issuer may be redeemed for newly-issued shares of Class A common stock of the Issuer on a one-for-one basis. The Common Units do not expire.
F2: These shares were sold pursuant to an underwriting agreement, dated March 4, 2024, among the Issuer, the selling stockholders and the underwriter named therein. The shares were sold at a public offering price of $15.76 per share, and the Reporting Person paid an underwriting discount and commission of $0.05 per share, resulting in a net price of $15.71 per share.
F3: 2,989,989 Common Units, along with an equal number of corresponding shares of Class C common stock, are held directly by Bedford Family Partners, L.P., an investment partnership controlled by the reporting person.