| 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 | +12.5K | $0.00 | 12.5K | Jul 22, 2021 | Class A Common Stock | 12.5K | Direct | F1, F2 | ||
| transaction | VEI | Performance Stock Units | Award | $0 | +12.5K | +100% | $0.00 | 25K | Jul 22, 2021 | Class A Common Stock | 12.5K | Direct | F3 |
| 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 ("Common Stock"), of Vine Energy Inc. (the "Company"). |
| F2 | The RSUs were granted under the Vine Energy Inc. 2021 Long-Term Incentive Plan. One-third of the RSUs vest on the first anniversary of March 17, 2021 (the "Vesting Commencement Date"), one-third of the RSUs vest on the second anniversary of the Vesting Commencement Date and One-third of the RSUs vest on the third anniversary of the Vesting Commencement Date, so long as the reporting person remains an officer of the Company through the applicable vesting date. |
| F3 | Each Performance Stock Unit ("PSU") represents the contingent right to receive, upon vesting, up to 200% of one share of the Company's Common Stock. The number of PSUs that vest will equal the sum of (a) 10% of the total PSUs granted multiplied by a graded basis upon achievement of certain levels of safety performance as measured by the total recordable incident rate for the performance period and (b) 90% of the total PSUs granted multiplied by a graded basis upon achievement of certain levels of common stock performance against the performance of a defined peer group of other companies. |
Vice President and Chief Accounting Officer