Frank Alan Lodzinski - Dec 31, 2021 Form 4 Insider Report for EARTHSTONE ENERGY INC (ESTE)

Role
Executive Chairman, Director
Signature
/s/ Frank A. Lodzinski
Stock symbol
ESTE
Transactions as of
Dec 31, 2021
Transactions value $
-$134,751
Form type
4
Date filed
1/3/2022, 03:05 PM
Previous filing
Oct 8, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTE Class A Common Stock Tax liability -$135K -11.9K -24.5% $11.28 36.8K Dec 31, 2021 Direct F1
holding ESTE Class A Common Stock 515K Dec 31, 2021 By Azure Energy, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class A Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award on December 31, 2021 granted under the Earthstone Energy, Inc. 2014 Long-Term Incentive Plan.
F2 The reporting person disclaims beneficial ownership of any shares of the Registrant's Class A common stock held by Azure Energy, LLC, except to the extent of his pecuniary interest therein.