Eric M. Willis - Feb 1, 2024 Form 4 Insider Report for Amplify Energy Corp. (AMPY)

Role
SVP, GENERAL COUNSEL & CORPORATE SECRETARY
Signature
/s/ Eric M. Willis
Stock symbol
AMPY
Transactions as of
Feb 1, 2024
Transactions value $
-$52,601
Form type
4
Date filed
2/5/2024, 04:11 PM
Previous filing
Jan 8, 2024
Next filing
Mar 18, 2024

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 +21.8K +16.16% 157K Feb 1, 2024 Direct F1
transaction AMPY Common Stock, par value $0.01 per share Tax liability -$52.6K -8.6K -5.48% $6.12 148K 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 -21.8K -33.12% $0.00 44.1K Feb 1, 2024 Common Stock 21.8K Direct F2
transaction AMPY Restricted Stock Units Award $0 +55.1K +124.88% $0.00 99.2K Feb 1, 2024 Common Stock 55.1K Direct F3
transaction AMPY Performance Stock Units Award $0 +44.8K +68.38% $0.00 110K 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 55,063 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.

Remarks:

SVP, GENERAL COUNSEL & CORPORATE SECRETARY