Claire Harvey - Jun 10, 2022 Form 4 Insider Report for Sitio Royalties Corp. (STR)

Role
Director
Signature
/s/ Claire R. Harvey, by Brett S. Riesenfeld as Attorney-in-Fact
Stock symbol
STR
Transactions as of
Jun 10, 2022
Transactions value $
$0
Form type
4
Date filed
6/13/2022, 04:10 PM
Previous filing
Jun 8, 2022
Next filing
Jan 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STR Class A Common Stock Award $0 +10.4K +59.14% $0.00 28.1K Jun 10, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents deferred share units ("DSUs") granted to the reporting person pursuant to the Sitio Royalties Corp. Long Term Incentive Plan (the "LTIP"). Each DSU represents a contingent right to receive one share of Sitio Royalties Corp.'s Class A common stock, par value $0.0001 per share ("Common Stock"). The DSUs will vest in four equal quarterly installments over the one-year period following June 7, 2022, subject to the reporting person's continuous service through each such date. Following vesting, the shares of Common Stock underlying the DSUs will be delivered to the reporting person as soon as administratively practicable following the date that the reporting person's service relationship with the issuer is terminated for any reason.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney All share numbers reported herein reflect a 4-for-1 reverse stock split effected by Sitio Royalties Corp.