Mark Lumpkin Jr - Feb 2, 2023 Form 4 Insider Report for EARTHSTONE ENERGY INC (ESTE)

Role
EVP and CFO
Signature
/s/ Mark Lumpkin, Jr.
Stock symbol
ESTE
Transactions as of
Feb 2, 2023
Transactions value $
-$813,365
Form type
4
Date filed
2/6/2023, 03:24 PM
Previous filing
Jan 10, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESTE Class A Common Stock Options Exercise $0 +150K +65.14% $0.00 380K Feb 2, 2023 Direct F1
transaction ESTE Class A Common Stock Tax liability -$813K -59K -15.52% $13.78 321K Feb 2, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ESTE Performance Stock Unit Options Exercise $0 -150K -100% $0.00* 0 Feb 2, 2023 Class A Common Stock 150K Direct F1
* 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 issued by the Registrant to the reporting person arising from the vesting and settlement of a performance unit award granted under the Earthstone Energy, Inc. 2014 Long-Term Incentive Plan.
F2 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 performance unit award on February 2, 2023 granted under the Earthstone Energy, Inc. 2014 Long-Term Incentive Plan.