Thomas E. Jorden - Nov 29, 2024 Form 4 Insider Report for Coterra Energy Inc. (CTRA)

Signature
/s/ Marcus G. Bolinder, attorney-in-fact
Stock symbol
CTRA
Transactions as of
Nov 29, 2024
Transactions value $
-$5,138,977
Form type
4
Date filed
12/3/2024, 07:17 PM
Previous filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTRA Common Stock Options Exercise +489K +119.64% 897K Nov 29, 2024 Direct F1
transaction CTRA Common Stock Tax liability -$5.14M -192K -21.43% $26.72 705K Nov 29, 2024 Direct F2
transaction CTRA Common Stock Gift $0 -296K -42.05% $0.00 409K Dec 3, 2024 Direct
transaction CTRA Common Stock Gift $0 +296K +15.29% $0.00 2.23M Dec 3, 2024 By Trust

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 -489K -100% $0.00 0 Nov 29, 2024 Common Stock 489K Direct F1, F3
* 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 On December 13, 2021, the reporting person was granted restricted stock units that vested on November 29, 2024.