Daniel P. Rohling - 20 Feb 2022 Form 4 Insider Report for BATTALION OIL CORP (BATL)

Role: Chief Operating Officer
Signature: Walter R. Mayer, Attorney-in-fact
Issuer symbol: BATL
Transactions as of: 20 Feb 2022
Net transactions value: -$34,450
Form type: 4
Filing time: 23 Feb 2022, 15:54:45 UTC
Previous filing: 14 Sep 2021
Next filing: 03 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BATL	Common Stock	Options Exercise	$0	+6,641	+74%	$0.000000	15,665	20 Feb 2022	Direct
transaction	BATL	Common Stock	Tax liability	$34,450	-1,916	-12%	$17.98	13,749	20 Feb 2022	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	BATL	Restricted Stock Unit	Options Exercise	$0	-6,641	-33%	$0.000000	13,282	20 Feb 2022	Common Stock	6,641		Direct	F2

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

Explanation of Responses:

Id	Content
F1	Shares withheld for taxes owed upon vesting of RSUs.
F2	The Reporting Person received an award of restricted stock units ("RSUs") granted on February 21, 2020. Each RSU represents a contingent right to receive one share of Issuer's common stock. The RSUs vest in four equal annual installments beginning February 20, 2021.