Riley Exploration Permian, Inc. — Director's Dealing 2021

Oct 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Riley Exploration Permian, Inc. (REPX)
CIK: 0001001614
Period of Report: 2021-10-01

Reporting Person: Palmer Michael H (EVP CORPORATE LAND)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-01	Common Stock, par value $0.001 per share	A	2080	—	Acquired	21912	Direct
2021-10-01	Common Stock, par value $0.001 per share	F	997	$23.48	Disposed	20915	Direct

Footnotes

F1: These shares are restricted stock acquired under Issuer's Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan on October 1, 2021. Subject to certain contingencies and provisions allowing for accelerated vesting in certain instances, the shares of restricted stock vest in equal amounts on October 1, 2022, October 1, 2023, and October 1, 2024.

F2: This amount includes 15,662 shares of restricted common stock subject to vesting and certain other restrictions.

F3: These shares were surrendered to satisfy the withholding tax liability incurred upon the vesting of shares of restricted stock originally issued to the reporting person as a substitute equity award pursuant to the Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan which converted a previously-issued equity grant at the closing of the Company's merger on February 26, 2021 and does not represent a discretionary trade by the reporting person