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

Role: EVP and COO
Signature: Steven W. Adam
Stock symbol: SBOW
Transactions as of: Feb 22, 2023
Transactions value $: -$545,528
Form type: 4
Date filed: 2/23/2023, 03:47 PM
Previous filing: Apr 15, 2022
Next filing: Mar 2, 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	+76.8K	+468.11%	$0.00	93.2K	Feb 22, 2023	Direct
transaction	SBOW	SilverBow Resources, Inc. Common Stock	Tax liability	-$546K	-23.8K	-25.59%	$22.88	69.3K	Feb 22, 2023	Direct
transaction	SBOW	SilverBow Resources, Inc. Common Stock	Gift	$0	-52.9K	-76.34%	$0.00	16.4K	Feb 22, 2023	Direct
transaction	SBOW	SilverBow Resources, Inc. Common Stock	Gift	$0	+52.9K	+66.12%	$0.00	133K	Feb 22, 2023	Adam Family Living Trust	F1
transaction	SBOW	SilverBow Resources, Inc. Common Stock	Award	$0	+16.1K	+98.01%	$0.00	32.5K	Feb 22, 2023	Direct	F2

Showing 1 to 5 of 5 entries

* 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.