Stephen P. Bell - Dec 13, 2021 Form 4 Insider Report for Coterra Energy Inc. (CTRA)

Role: EVP - Business Development
Signature: /s/ Deidre L. Shearer, Attorney-in-Fact for Stephen P. Bell
Stock symbol: CTRA
Transactions as of: Dec 13, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/15/2021, 03:06 PM
Previous filing: Dec 9, 2021
Next filing: Mar 2, 2022

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	CTRA	Common Stock	Award	$0	+147K		$0.00	147K	Dec 13, 2021	Common Stock	147K	$0.00	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Coterra Common Stock.
F2	The restricted stock units vest in three years from the date of grant, provided the reporting person is still employed by Coterra on such date. If the reporting person terminates employment prior to the vesting date, a pro-rata portion of the award, determined by the proportionate number of days that have lapsed in the three-year period between the date of grant and the vesting date, shall vest on such date of termination.

Content

Each restricted stock unit represents a contingent right to receive one share of Coterra Common Stock.

The restricted stock units vest in three years from the date of grant, provided the reporting person is still employed by Coterra on such date. If the reporting person terminates employment prior to the vesting date, a pro-rata portion of the award, determined by the proportionate number of days that have lapsed in the three-year period between the date of grant and the vesting date, shall vest on such date of termination.