Barton R. Brookman Jr. - 17 May 2021 Form 4 Insider Report for PDC ENERGY, INC.

Signature
/s/ Nicole L. Martinet, by power of attorney
Issuer symbol
N/A
Transactions as of
17 May 2021
Net transactions value
-$52,929
Form type
4
Filing time
19 May 2021, 18:05:44 UTC
Next filing
06 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCE Common Stock Options Exercise $98,268 +3,255 +0.9% $30.19 366,146 17 May 2021 Direct
transaction PDCE Common Stock Options Exercise $98,268 +3,255 +0.89% $30.19 369,401 17 May 2021 Direct
transaction PDCE Common Stock Options Exercise $98,299 +3,256 +0.88% $30.19 372,657 17 May 2021 Direct
transaction PDCE Common Stock Disposed to Issuer $294,802 -6,930 -1.9% $42.54 365,727 17 May 2021 Direct F1
transaction PDCE Common Stock Tax liability $52,962 -1,245 -0.34% $42.54 364,482 17 May 2021 Direct 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 PDCE Stock Appreciation Rights Options Exercise $0 -3,255 -100% $0.000000* 0 17 May 2021 Common Stock 3,255 $30.19 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -3,255 -100% $0.000000* 0 17 May 2021 Common Stock 3,255 $30.19 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -3,256 -100% $0.000000* 0 17 May 2021 Common Stock 3,256 $30.19 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 6,930 shares representing the deemed exercise price.
F2 Includes 1,245 shares surrendered to issuer to cover tax withholding obligation of the reporting person.