Eric M. Willis - 08 Jan 2025 Form 4 Insider Report for Amplify Energy Corp. (AMPY)

Role: SVP, GENERAL COUNSEL & CORPORATE SECRETARY
Signature: /s/ Eric M. Willis
Issuer symbol: AMPY
Transactions as of: 08 Jan 2025
Net transaction value: -$177,954
Form type: 4
Filing time: 10 Jan 2025, 09:30:05 UTC
Previous filing: 18 Mar 2024
Next filing: 04 Feb 2025
SEC filing: View on sec.gov

Key filing fact

Eric M. Willis filed Form 4 for Amplify Energy Corp. (AMPY) on 10 Jan 2025.

Key facts

This page summarizes Eric M. Willis's Form 4 filing for Amplify Energy Corp. (AMPY).
3 reported transactions and 1 derivative row are listed below.
Filing timestamp: 10 Jan 2025, 09:30.

Change

Previous filing in this sequence was filed on 18 Mar 2024.
Current net transaction value: -$177,954.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported transactions

AMPY transaction

Common Stock, par value $0.01 per share

Options Exercise

Transaction value
Shares: +72,116
Change %: +46%
Price
Shares after: 228,035
Date: 08 Jan 2025
Ownership: Direct
Footnotes: F1

AMPY transaction

Common Stock, par value $0.01 per share

Tax liability

Transaction value: $177,954
Shares: -29,659
Change %: -13%
Price: $6.00
Shares after: 198,376
Date: 08 Jan 2025
Ownership: Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

AMPY transaction Derivative

Performance Stock Units

Options Exercise

Transaction value: $0
Shares: -36,058
Change %: -33%
Price: $0.000000
Shares after: 74,267
Date: 08 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 36,058
Exercise price
Footnotes: F2

^* indicates a reported price that failed the local validity check.

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 performance and service-based vesting conditions ("PSUs"). On January 8, 2024, the Compensation Committee (the "Compensation Committee") of the Company certified the Company's relative total shareholder return performance over the performance period, which ran from January 1, 2022 through December 31, 2024, resulting in 100% of the PSUs originally granted on February 1, 2022 becoming earned at 200% of the target amount.
F2	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 the target amount. On January 8, 2025, the Compensation Committee certified the Company's relative total shareholder return performance over the performance period, which ran from January 1, 2022 through December 31, 2024, resulting in 100% of the PSUs originally granted on February 1, 2022 becoming earned at 200% of the target amount.

Content

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 performance and service-based vesting conditions ("PSUs"). On January 8, 2024, the Compensation Committee (the "Compensation Committee") of the Company certified the Company's relative total shareholder return performance over the performance period, which ran from January 1, 2022 through December 31, 2024, resulting in 100% of the PSUs originally granted on February 1, 2022 becoming earned at 200% of the target amount.

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 the target amount. On January 8, 2025, the Compensation Committee certified the Company's relative total shareholder return performance over the performance period, which ran from January 1, 2022 through December 31, 2024, resulting in 100% of the PSUs originally granted on February 1, 2022 becoming earned at 200% of the target amount.

Remarks:

SVP, GENERAL COUNSEL & CORPORATE SECRETARY