Kimmeridge Energy Management Company, LLC - Jul 8, 2022 Form 4 Insider Report for SILVERBOW RESOURCES, INC. (SBOW)

Role
10%+ Owner
Signature
Kimmeridge Energy Management Company, LLC, By: /s/ Tamar Goldstein, General Counsel
Stock symbol
SBOW
Transactions as of
Jul 8, 2022
Transactions value $
$16,985,653
Form type
4
Date filed
7/12/2022, 06:27 PM
Previous filing
Jul 12, 2022
Next filing
Jan 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBOW Common stock, par value $0.01 per share (Common Stock) Purchase $417K +15.2K +0.56% $27.41 2.72M Jul 8, 2022 See Footnote F1, F8
transaction SBOW Common Stock Purchase $1.99M +69.5K +2.56% $28.70 2.79M Jul 8, 2022 See Footnote F2, F8
transaction SBOW Common Stock Purchase $2.08M +70.4K +2.53% $29.57 2.86M Jul 8, 2022 See Footnote F3, F8
transaction SBOW Common Stock Purchase $3.7M +123K +4.31% $30.05 2.98M Jul 8, 2022 See Footnote F4, F8
transaction SBOW Common Stock Purchase $1.13M +40.5K +1.36% $27.97 3.02M Jul 11, 2022 See Footnote F5, F8
transaction SBOW Common Syock Purchase $1.82M +62.7K +2.08% $29.03 3.08M Jul 11, 2022 See Footnote F6, F8
transaction SBOW Common Stock Purchase $5.84M +197K +6.38% $29.65 3.28M Jul 11, 2022 See Footnote F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $27.00 to $27.93, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.00 to $28.995, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.00 to $29.99, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $30.00 to $30.25, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $27.38 to $28.37, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
F6 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $28.38 to $29.375, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
F7 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.38 to $29.93, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
F8 The securities to which this filing relates are held directly by certain funds and/or accounts to which Kimmeridge Energy Management Company, LLC, a Delaware limited liability company (the "Reporting Person"), directly or indirectly, acts as the investment adviser. The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.