Kristen McWatters - Feb 1, 2023 Form 4 Insider Report for BATTALION OIL CORP (BATL)

Role
EVP, CFO & Treasurer
Signature
Walter R. Mayer, Attorney-in-fact
Stock symbol
BATL
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 03:00 PM
Previous filing
Feb 3, 2023

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 Award $0 +10K $0.00 10K Feb 1, 2023 Common Stock 10K Direct F1, F2
transaction BATL Restricted Stock Unit Award $0 +20K $0.00 20K Feb 1, 2023 Common Stock 20K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's common stock. The RSUs vest in one installment on February 1, 2024.
F2 All awards are pursuant to the Battalion Oil Corporation 2020 Long-Term Incentive Plan ("the LTIP") approved and adopted by the Board of Directors.
F3 The Reporting Person received an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Issuer's common stock. The RSUs vest in full only upon the achievement of certain business combination goals.