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

Signature
/s/ Nicole L. Martinet, by power of attorney
Stock symbol
PDCE
Transactions as of
May 17, 2021
Transactions value $
-$52,929
Form type
4
Date filed
5/19/2021, 06:05 PM
Next filing
Jul 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCE Common Stock Options Exercise $98.3K +3.26K +0.9% $30.19 366K May 17, 2021 Direct
transaction PDCE Common Stock Options Exercise $98.3K +3.26K +0.89% $30.19 369K May 17, 2021 Direct
transaction PDCE Common Stock Options Exercise $98.3K +3.26K +0.88% $30.19 373K May 17, 2021 Direct
transaction PDCE Common Stock Disposed to Issuer -$295K -6.93K -1.86% $42.54 366K May 17, 2021 Direct F1
transaction PDCE Common Stock Tax liability -$53K -1.25K -0.34% $42.54 364K May 17, 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 -3.26K -100% $0.00* 0 May 17, 2021 Common Stock 3.26K $30.19 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -3.26K -100% $0.00* 0 May 17, 2021 Common Stock 3.26K $30.19 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -3.26K -100% $0.00* 0 May 17, 2021 Common Stock 3.26K $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.