Richard Smiley - Feb 1, 2022 Form 4 Insider Report for Amplify Energy Corp. (AMPY)

Role: SVP, Operations
Signature: /s/ Eric M. Willis, Attorney-in-Fact
Stock symbol: AMPY
Transactions as of: Feb 1, 2022
Transactions value $: -$8,596
Form type: 4
Date filed: 2/2/2022, 05:20 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	+16.3%		66.5K	Feb 1, 2022	Direct	F1
transaction	AMPY	Common Stock, par value $0.01 per share	Tax liability	-$8.6K	-2.76K	-4.15%	$3.11	63.8K	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 Sock 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.