Charles M. Sledge - Jul 14, 2021 Form 4 Insider Report for VINE ENERGY INC. (VEI)

Role
Director
Signature
/s/ Jonathan C. Curth, as Attorney-in-Fact for Charles M. Sledge
Stock symbol
VEI
Transactions as of
Jul 14, 2021
Transactions value $
$0
Form type
4
Date filed
7/14/2021, 05:14 PM
Previous filing
Jun 8, 2021
Next filing
Nov 3, 2021

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 VEI Restricted Stock Units Award $0 +28.6K $0.00 28.6K Jul 14, 2021 Class A Common Stock 28.6K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive one share of Class A common stock, $0.01 par value per share, of Vine Energy Inc. (the "Company") or an amount in cash or other consideration determined by the requisite committee of the board of directors of the Company to be of equal value as of the settlement date.
F2 The RSUs were granted under the Vine Energy Inc. 2021 Long-Term Incentive Plan. 9,523 RSUs vest on the first anniversary of March 17, 2021 (the "Vesting Commencement Date"), 9,524 RSUs vest on the second anniversary of the Vesting Commencement Date and 9,524 RSUs vest on the third anniversary of the Vesting Commencement Date, so long as the reporting person remains a member of the board of directors of the Company through the applicable vesting date.