Richard Smiley - 16 Mar 2023 Form 4 Insider Report for Amplify Energy Corp. (AMPY)

Role
SVP, OPERATIONS
Signature
/s/ Eric M. Willis, Attorney-in-Fact
Issuer symbol
AMPY
Transactions as of
16 Mar 2023
Net transactions value
-$214,647
Form type
4
Filing time
20 Mar 2023, 16:09:47 UTC
Previous filing
03 Feb 2023
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 +12,429 +13% 107,838 16 Mar 2023 Direct F1
transaction AMPY Common Stock, par value $0.01 per share Tax liability $20,463 -3,027 -2.8% $6.76 104,811 16 Mar 2023 Direct
transaction AMPY Common Stock, par value $0.01 per share Options Exercise +36,468 +35% 141,279 17 Mar 2023 Direct F1
transaction AMPY Common Stock, par value $0.01 per share Tax liability $68,118 -9,787 -6.9% $6.96 131,492 17 Mar 2023 Direct
transaction AMPY Common Stock, par value $0.01 per share Options Exercise +56,490 +43% 187,982 17 Mar 2023 Direct F2
transaction AMPY Common Stock, par value $0.01 per share Tax liability $126,066 -18,113 -9.6% $6.96 169,869 17 Mar 2023 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 -12,019 -25% $0.000000 36,468 16 Mar 2023 Common Stock 12,429 Direct F1
transaction AMPY Restricted Stock Units Options Exercise $0 -36,468 -100% $0.000000* 0 17 Mar 2023 Common Stock 36,468 Direct F1, F3
transaction AMPY Performance Stock Units Options Exercise $0 -28,245 -100% $0.000000* 0 17 Mar 2023 Common Stock 28,245 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Richard Smiley is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 one-for-one in settlement of previously awarded restricted stock units upon satisfaction of service-based vesting conditions (such restricted stock units, "TSUs").
F2 Reflects shares of Common Stock granted pursuant to the Transition and Separation Agreement between the Company and the Reporting Person (the "Transition Agreement"), in settlement of 28,245 previously awarded restricted stock units that were subject to performance based vesting conditions (such restricted stock units, "PSUs"). These 28,245 PSUs became earned at 200% of the target amount for a total of 56,490 shares of Common Stock.
F3 In connection with the Reporting Person's resignation and execution of the Transition Agreement, vesting was accelerated with respect to the Reporting Persons remaining 36,468 TSUs.
F4 In connection with the Reporting Person's resignation and execution of the Transition Agreement, vesting was accelerated with respect to 28,245 PSUs, with the remaining 26,456 PSUs held by the Reporting Person at the time of such resignation being forfeited.