Jeffrey Kelly - Aug 14, 2023 Form 4 Insider Report for CIVITAS RESOURCES, INC. (CIVI)

Role
Chief Transformation Officer
Signature
By: Rosemary Morice, Attorney-in-Fact For: Jeffrey S. Kelly
Stock symbol
CIVI
Transactions as of
Aug 14, 2023
Transactions value $
$0
Form type
4
Date filed
8/15/2023, 09:34 PM
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction CIVI Common Stock +Grant/Award $0 +8,248 $0.00 8,248 Aug 14, 2023 Direct F1
transaction CIVI Common Stock +Grant/Award $0 +5,361 +65% $0.00 13,609 Aug 14, 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 CIVI Performance Share Units +Grant/Award $0 +12,509 $0.00 12,509 Aug 14, 2023 Common Stock 12,509 Direct F2

Explanation of Responses:

Id Content
F1 The restricted stock units are scheduled to vest in three equal installments on August 14, 2024, August 14, 2025, and August 14, 2026.
F2 The number of performance stock units that could be earned and vest under this grant depend on the Issuer's absolute total shareholder return over the performance period beginning on January 1, 2023 and ending on December 31, 2025. The actual number of shares that may vest ranges from zero to 225% of the target number of shares.