James Frew - Feb 1, 2024 Form 4 Insider Report for Amplify Energy Corp. (AMPY)

Role: SVP, CHIEF FINANCIAL OFFICER
Signature: /s/ Eric M. Willis, Attorney-in-Fact
Stock symbol: AMPY
Transactions as of: Feb 1, 2024
Transactions value $: -$50,851
Form type: 4
Date filed: 2/5/2024, 04:09 PM
Previous filing: Nov 9, 2023

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		+18.6K	+186.09%		28.6K	Feb 1, 2024	Direct	F1
transaction	AMPY	Common Stock, par value $0.01 per share	Tax liability	-$50.9K	-8.31K	-29.04%	$6.12	20.3K	Feb 1, 2024	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	-18.6K	-33.33%	$0.00	37.2K	Feb 1, 2024	Common Stock	18.6K		Direct	F2
transaction	AMPY	Restricted Stock Units	Award	$0	+44.8K	+120.38%	$0.00	82K	Feb 1, 2024	Common Stock	44.8K		Direct	F3
transaction	AMPY	Performance Stock Units	Award	$0	+44.8K	+80.25%	$0.00	101K	Feb 1, 2024	Common Stock	44.8K		Direct	F4

* 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 service-based vesting conditions ("TSUs").
F2	These TSUs were granted under the Amplify Energy Corp. Equity Incentive Plan and vest on an equal basis over a three-year period and so long as the reporting person remains employed by the Company through the applicable vesting date. Each TSU represents the contingent right to receive, upon vesting, one share of Common Stock of the Company.
F3	Share amount reflects an aggregate number and represents 44,805 TSUs. These TSUs were granted under the Amplify Energy Corp. Equity Incentive Plan and vest on an equal basis over a three-year period so long as the reporting person remains employed by the Company through the applicable vesting date. Each TSU represents the contingent right to receive, upon vesting, one share of Common Stock of the Company.
F4	Share amount reflects an aggregate number and represents 44,805 restricted stock units with performance and service-based vesting conditions ("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.