Luke C. Brandenberg - Mar 21, 2023 Form 4 Insider Report for Granite Ridge Resources, Inc. (GRNT)

Signature
/s/ Emily Fuquay as attorney-in-fact for Luke C. Brandenberg
Stock symbol
GRNT
Transactions as of
Mar 21, 2023
Transactions value $
$0
Form type
4
Date filed
3/23/2023, 05:53 PM
Previous filing
Jan 5, 2023
Next filing
May 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRNT Common Stock, par value $0.0001 per share Award $0 +13.3K +80.37% $0.00 29.8K Mar 21, 2023 Direct F1

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 GRNT Employee stock option (right to buy) Award $0 +160K $0.00 160K Mar 21, 2023 Common Stock, par value $0.0001 per share 160K $9.22 Direct F2
transaction GRNT Employee stock option (right to buy) Award $0 +36.1K $0.00 36.1K Mar 21, 2023 Common Stock, par value $0.0001 per share 36.1K $5.02 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock award, granted under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan, which vests in three equal annual installments beginning on March 21, 2024.
F2 The options vest in three equal annual installments beginning on March 21, 2023.
F3 The options vest in three equal annual installments beginning on March 21, 2023.