Mark H. Kleinman - 03 May 2024 Form 4 Insider Report for PIONEER NATURAL RESOURCES CO

Role: EVP & General Counsel
Signature: Akshar C. Patel, Attorney-in-Fact For Mark H. Kleinman
Issuer symbol: N/A
Transactions as of: 03 May 2024
Net transactions value: $0
Form type: 4
Filing time: 03 May 2024, 16:05:39 UTC
Previous filing: 26 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PXD	Common Stock	Award	$0	+28,730	+63%	$0.000000	74,236	03 May 2024	Direct	F1
transaction	PXD	Common Stock	Disposed to Issuer		-74,236	-100%		0	03 May 2024	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mark H. Kleinman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Pioneer Natural Resources Company, a Delaware corporation ("Pioneer"), ExxonMobil Corporation, a New Jersey Corporation ("ExxonMobil), and SPQR, LLC, a Delaware limited liability company and a wholly-owned subsidiary of ExxonMobil (Merger Sub") are parties to the Agreement and Plan of Merger, dated as of October 10, 2023 (the "Merger Agreement"), pursuant to which, among other things, Merger Sub merged with and into Pioneer (the "Merger"). Pursuant to the Merger Agreement, these performance units of Pioneer were fully accelerated assuming maximum level of performance immediately prior to the effective time of the Merger.
F2	At the effective time of the Merger, each share, each outstanding restricted stock unit and each performance unit were cancelled and converted into the right to receive 2.3234 shares of ExxonMobil common stock.

Content

Pioneer Natural Resources Company, a Delaware corporation ("Pioneer"), ExxonMobil Corporation, a New Jersey Corporation ("ExxonMobil), and SPQR, LLC, a Delaware limited liability company and a wholly-owned subsidiary of ExxonMobil (Merger Sub") are parties to the Agreement and Plan of Merger, dated as of October 10, 2023 (the "Merger Agreement"), pursuant to which, among other things, Merger Sub merged with and into Pioneer (the "Merger"). Pursuant to the Merger Agreement, these performance units of Pioneer were fully accelerated assuming maximum level of performance immediately prior to the effective time of the Merger.

At the effective time of the Merger, each share, each outstanding restricted stock unit and each performance unit were cancelled and converted into the right to receive 2.3234 shares of ExxonMobil common stock.