Jason William McGlynn - Feb 1, 2022 Form 4 Insider Report for Amplify Energy Corp. (AMPY)

Role: SVP, CHIEF FINANCIAL OFFICER
Signature: /s/ Eric M. Willis, Attorney-in-Fact
Stock symbol: AMPY
Transactions as of: Feb 1, 2022
Transactions value $: -$7,125
Form type: 4
Date filed: 2/2/2022, 05:17 PM
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		+7.72K	+27.66%		35.7K	Feb 1, 2022	Direct	F1
transaction	AMPY	Common Stock, par value $0.01 per share	Tax liability	-$7.13K	-2.29K	-6.43%	$3.11	33.4K	Feb 1, 2022	Direct	F2

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	Award	$0	+23.2K		$0.00	23.2K	Apr 1, 2021	Common Stock	23.2K		Direct	F3
transaction	AMPY	Restricted Stock Units	Award	$0	+30.9K	+133.33%	$0.00	54.1K	Apr 1, 2021	Common Stock	30.9K		Direct	F2, F4
transaction	AMPY	Restricted Stock Units	Award	$0	+41.7K	+77.07%	$0.00	95.7K	Jan 19, 2020	Common Stock	41.7K		Direct	F5
transaction	AMPY	Restricted Stock Units	Award	$0	+29.9K	+31.21%	$0.00	126K	Feb 1, 2022	Common Stock	29.9K		Direct	F6
transaction	AMPY	Restricted Stock Units	Award	$0	+29.9K	+23.78%	$0.00	155K	Feb 1, 2022	Common Stock	29.9K		Direct	F7

* 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	The total shares reported as directly held in Table I, Column 5 of this Form 4 reflect a decrease of 30,895 shares representing previously awarded, but unvested, PSUs and 30,895 shares representing previously awarded, but unvested, restricted stock units with service-based vesting conditions ("TSUs") that were previously reported in Table I. These PSUs and TSUs are now reported in Table II of this Form 4.
F3	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.
F4	These TSUs were granted under the Amplify Energy Corp. Equity Incentive Plan. One-third of the TSUs vest on the first anniversary of the date of grant, one-third of the TSUs vest on the second anniversary of the date of grant and one-third of the TSU's vest on the third anniversary of the date of grant, so long as the reporting person remains an officer of the Company through the applicable vesting date. Each TSU represents a contingent right to receive one share of Common Stock of the Company upon vesting.
F5	Share amount reflects an aggregate number and represents 25,000 PSUs and 16,667 TSUs. These TSUs and PSUs were originally granted under the Legacy Amplify Management Incentive Plan and vest periodically so long as the reporting person remains employed by Amplify Energy Corp. or one of its affiliates on each applicable vesting date. The TSUs and PSUs convert into common stock on a one-for-one basis.
F6	Share amount reflects an aggregate number and represents 29,876 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.
F7	Share amount reflects an aggregate number and represents 29,876 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.