Kevin William Smith - Nov 29, 2024 Form 4 Insider Report for Coterra Energy Inc. (CTRA)

Role
SVP & Chief Technology Officer
Signature
/s/ Marcus G. Bolinder, attorney-in-fact
Stock symbol
CTRA
Transactions as of
Nov 29, 2024
Transactions value $
-$1,289,367
Form type
4
Date filed
12/3/2024, 07:16 PM
Previous filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTRA Common Stock Options Exercise +48.9K +63.41% 126K Nov 29, 2024 Direct F1
transaction CTRA Common Stock Tax liability -$514K -19.2K -15.27% $26.72 107K Nov 29, 2024 Direct F2
transaction CTRA Common Stock Sale -$775K -29.6K -27.78% $26.16 77.1K Dec 3, 2024 Direct F3

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 CTRA Common Stock Options Exercise $0 -48.9K -100% $0.00 0 Nov 29, 2024 Common Stock 48.9K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Coterra Common Stock.
F2 Represents shares of common stock withheld by the issuer to satisfy the reporting person's tax obligations relating to the vesting of an award of restricted stock units, not a sale transaction by the reporting person.
F3 The price reported is a weighted average price. This transaction was executed in multiple trades at prices ranging from $26.15 to $26.18. The reporting person undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 On December 13, 2021, the reporting person was granted restricted stock units that vested on November 29, 2024.