Anthony William Lopez - 01 Feb 2022 Form 4 Insider Report for Amplify Energy Corp. (AMPY)

Role
SVP, ENGINEERING & EXPLOITATION
Signature
/s/ Eric M. Willis, Attorney-in-Fact
Issuer symbol
AMPY
Transactions as of
01 Feb 2022
Net transactions value
-$6,634
Form type
4
Filing time
02 Feb 2022, 17:21:27 UTC
Previous filing
06 Jul 2021
Next filing
17 Mar 2022
SEC
View on sec.gov

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 +7,191 +24% 37,612 01 Feb 2022 Direct F1
transaction AMPY Common Stock, par value $0.01 per share Tax liability $6,634 -2,133 -5.7% $3.11 35,479 01 Feb 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 +21,573 $0.000000 21,573 01 Apr 2021 Common Stock 21,573 Direct F3
transaction AMPY Restricted Stock Units Award $0 +28,764 +133% $0.000000 50,337 01 Apr 2021 Common Stock 28,764 Direct F2, F4
transaction AMPY Restricted Stock Units Award $0 +27,816 +55% $0.000000 78,153 01 Feb 2022 Common Stock 27,816 Direct F5
transaction AMPY Restricted Stock Units Award $0 +27,816 +36% $0.000000 105,969 01 Feb 2022 Common Stock 27,816 Direct F6
* 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 21,573 shares representing previously awarded, but unvested, PSUs and 28,764 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 27,816 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.
F6 Share amount reflects an aggregate number and represents 27,816 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.

Remarks:

SVP, ENGINEERING & EXPLOITATION