Travis L. Counts - Nov 8, 2023 Form 4 Insider Report for CIVITAS RESOURCES, INC. (CIVI)

Role
Chief Admin Officer & Sec
Signature
By: Rosemary Morice, Attorney-in-Fact For: Travis L. Counts
Stock symbol
CIVI
Transactions as of
Nov 8, 2023
Transactions value $
$0
Form type
4
Date filed
11/8/2023, 05:03 PM
Previous filing
Aug 2, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIVI Common Stock Award $0 +2.91K +8.55% $0.00 36.9K Nov 8, 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 Shares Award $0 +6.78K +40.01% $0.00 23.7K Nov 8, 2023 Common Stock 6.78K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units are scheduled to vest in three equal installments on November 8, 2024, November 8, 2025, and November 8, 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.