Martyn Willsher - Oct 1, 2021 Form 4 Insider Report for Amplify Energy Corp. (AMPY)

Signature
/s/ Eric M. Willis, Attorney-in-Fact
Stock symbol
AMPY
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
10/5/2021, 05:01 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 +3.53K +4.75% 77.8K 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 +62.1K $0.00 62.1K Apr 1, 2021 Common Stock 62.1K Direct F3
transaction AMPY Restricted Stock Units Award $0 +62.1K +100% $0.00 124K Apr 1, 2021 Common Stock 62.1K 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 62,145 shares representing previously awarded, but unvested, TSUs and 62,145 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 employed by 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.