Richard Kevin Andrews - Aug 21, 2022 Form 4 Insider Report for BATTALION OIL CORP (BATL)

Role: EVP, CFO and Treasurer
Signature: Walter R. Mayer, Attorney-in-fact
Stock symbol: BATL
Transactions as of: Aug 21, 2022
Transactions value $: -$19,469
Form type: 4
Date filed: 8/22/2022, 06:00 PM
Previous filing: Jun 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BATL	Common Stock	Options Exercise	$0	+6.64K	+88.26%	$0.00	14.2K	Aug 21, 2022	Direct
transaction	BATL	Common Stock	Tax liability	-$19.5K	-1.62K	-11.42%	$12.04	12.5K	Aug 21, 2022	Direct	F1

Showing 1 to 2 of 2 entries

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	-6.64K	-33.33%	$0.00	13.3K	Aug 21, 2022	Common Stock	6.64K		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 August 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 August 21, 2021.