Eric M. Willis - Oct 1, 2021 Form 4 Insider Report for Amplify Energy Corp. (AMPY)

Role: SVP, GENERAL COUNSEL & LAND
Signature: /s/ Eric M. Willis
Stock symbol: AMPY
Transactions as of: Oct 1, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/5/2021, 04:55 PM
Next filing: Feb 2, 2022

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		+2.35K	+3.3%		73.6K	Oct 1, 2021	Direct	F1, F2

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	Award	$0	+37.3K		$0.00	37.3K	Apr 1, 2021	Common Stock	37.3K		Direct	F3
transaction	AMPY	Restricted Stock Units	Award	$0	+37.3K	+100%	$0.00	74.6K	Apr 1, 2021	Common Stock	37.3K		Direct	F2, 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	The total shares reported as directly held in Table I, Column 5 of this Form 4 reflect a decrease of 37,287 shares representing previously awarded, but unvested, TSUs and 37,287 shares representing previously awarded, but unvested, restricted stock units with performance and service-based vesting conditions ("PSUs") that were previously reported in Table I. These PSUs and TSUs are now reported in Table II of this Form 4.
F3	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 an officer of 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.
F4	These TSUs were granted under the Amplify Energy Corp. Equity Incentive Plan. One-third of the TSUs vest on the first anniversary of the date of grant, one-third of the TSUs vest on the second anniversary of the date of grant and one-third of the TSUs vest on the third anniversary of the date of grant, so long as the reporting person remains an officer of the Company through the applicable vesting date. Each TSU represents a contingent right to receive one share of Common Stock of the Company upon vesting.