Eric M. Willis - Feb 1, 2022 Form 4 Insider Report for Amplify Energy Corp. (AMPY)

Role
SVP, GENERAL COUNSEL & LAND
Signature
/s/ Eric M. Willis
Stock symbol
AMPY
Transactions as of
Feb 1, 2022
Transactions value $
-$8,596
Form type
4
Date filed
2/2/2022, 05:17 PM
Previous filing
Oct 5, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AMPY Common Stock, par value $0.01 per share Options Exercise +9.32K +12.67% 82.9K Feb 1, 2022 Direct F1
transaction AMPY Common Stock, par value $0.01 per share Tax liability -$8.6K -2.76K -3.33% $3.11 80.1K Feb 1, 2022 Direct

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 AMPY Restricted Stock Units Options Exercise $0 -9.32K -12.5% $0.00 65.3K Feb 1, 2022 Common Stock 9.32K Direct F2
transaction AMPY Restricted Stock Units Award $0 +36.1K +55.26% $0.00 101K Feb 1, 2022 Common Stock 36.1K Direct F3
transaction AMPY Restricted Stock Units Award $0 +36.1K +35.59% $0.00 137K Feb 1, 2022 Common Stock 36.1K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of common stock, par value $0.01 per share ("Common Stock") of Amplify Energy Corp. (the "Company") granted upon settlement of previously awarded restricted stock units with performance and service-based vesting conditions ("PSUs").
F2 These PSUs were granted under the Amplify Energy Corp. Equity Incentive Plan and vest pursuant to the Company's achievement of certain performance goals and so long as the reporting person remains employed by the Company through the vesting date. Each PSU represents a contingent right to receive, upon vesting, up to 200% of one share of the Company's Common Stock.
F3 Share amount reflects an aggregate number and represents 36,058 unvested restricted stock units with service-based vesting conditions ("TSUs"). These TSUs were granted under the Amplify Energy Corp. Equity Incentive Plan and vest on the first anniversary of the date of grant so long as the reporting person remains employed by the Company through the vesting date. The TSUs convert into the Company's Common Stock on a one-for-one basis.
F4 Share amount reflects an aggregate number and represents 36,058 PSUs. These PSUs were granted under the Amplify Energy Corp. Equity Incentive Plan and vest pursuant to the Company's achievement of certain performance goals and so long as the reporting person remains employed by the Company through the vesting date. Each PSU represents a contingent right to receive, upon vesting, up to 200% of one share of the Company's Common Stock.