Frank Alan Lodzinski - Nov 9, 2022 Form 4 Insider Report for EARTHSTONE ENERGY INC (ESTE)

Role
Executive Chairman, Director
Signature
/s/ Frank A. Lodzinski
Stock symbol
ESTE
Transactions as of
Nov 9, 2022
Transactions value $
-$707,738
Form type
4
Date filed
11/9/2022, 03:39 PM
Previous filing
Oct 3, 2022
Next filing
Jan 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTE Class A Common Stock Gift $0 -15K -9.07% $0.00 150K Nov 9, 2022 Direct F1
transaction ESTE Class A Common Stock Gift $0 +15K +3.42% $0.00 454K Nov 9, 2022 By Azure Energy, LLC F1, F2
transaction ESTE Class A Common Stock Sale -$708K -45.7K -10.06% $15.49 408K Nov 9, 2022 By Azure Energy, LLC F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction involved a gift of securities by the reporting person to Azure Energy, LLC.
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.
F3 The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.24 to $15.82, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.