Michael J. Downs - Jun 7, 2022 Form 4 Insider Report for Sitio Royalties Corp. (STR)

Role
Chief Operating Officer
Signature
/s/ Michael J. Downs
Stock symbol
STR
Transactions as of
Jun 7, 2022
Transactions value $
$0
Form type
4
Date filed
6/9/2022, 04:30 PM
Previous filing
Aug 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STR Class A Common Stock Options Exercise $0 +65.2K +228.26% $0.00 93.8K Jun 7, 2022 Direct F1

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 STR Performance Stock Units Options Exercise $0 -65.2K -100% $0.00* 0 Jun 7, 2022 Class A Common Stock 65.2K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael J. Downs is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each Performance Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F2 In connection with the consummation of the previously announced merger between Falcon Minerals Corporation, a Delaware corporation, and DPM HoldCo, LLC, a Delaware limited liability company, the performance stock units held by the reporting person automatically vested in full.

Remarks:

All share numbers reported herein reflect a 4-for-1 reverse stock split effected by the Issuer.