Steven W. Adam - 22 Feb 2023 Form 4 Insider Report for SILVERBOW RESOURCES, INC.

Role
EVP and COO
Signature
Steven W. Adam
Issuer symbol
N/A
Transactions as of
22 Feb 2023
Net transactions value
-$545,528
Form type
4
Filing time
23 Feb 2023, 15:47:17 UTC
Previous filing
15 Apr 2022
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBOW SilverBow Resources, Inc. Common Stock Award $0 +76,766 +468% $0.000000 93,165 22 Feb 2023 Direct
transaction SBOW SilverBow Resources, Inc. Common Stock Tax liability $545,528 -23,843 -26% $22.88 69,322 22 Feb 2023 Direct
transaction SBOW SilverBow Resources, Inc. Common Stock Gift $0 -52,923 -76% $0.000000 16,399 22 Feb 2023 Direct
transaction SBOW SilverBow Resources, Inc. Common Stock Gift $0 +52,923 +66% $0.000000 132,958 22 Feb 2023 Adam Family Living Trust F1
transaction SBOW SilverBow Resources, Inc. Common Stock Award $0 +16,072 +98% $0.000000 32,471 22 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Adam and his spouse are both trustees and beneficiaries of the Adam Family Living Trust, and therefore Mr. Adam has shared voting and investment control of the shares therein.
F2 The award consists of restricted stock units which vest annually in three substantially equal portions, beginning on the first day of the month following the anniversary of the grant date.