Lance Lauck - Aug 26, 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
Aug 26, 2021
Transactions value $
-$31,888
Form type
4
Date filed
8/30/2021, 08:20 PM
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCE Common Stock Options Exercise $79.9K +2.65K +1.59% $30.19 169K Aug 26, 2021 Direct
transaction PDCE Common Stock Options Exercise $79.9K +2.65K +1.56% $30.19 172K Aug 26, 2021 Direct
transaction PDCE Common Stock Options Exercise $79.9K +2.65K +1.54% $30.19 175K Aug 26, 2021 Direct
transaction PDCE Common Stock Disposed to Issuer -$240K -6.09K -3.48% $39.34 169K Aug 26, 2021 Direct F1
transaction PDCE Common Stock Tax liability -$31.9K -811 -0.48% $39.34 168K Aug 26, 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 -2.65K -100% $0.00* 0 Aug 26, 2021 Common Stock 2.65K $30.19 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -2.65K -100% $0.00* 0 Aug 26, 2021 Common Stock 2.65K $30.19 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -2.65K -100% $0.00* 0 Aug 26, 2021 Common Stock 2.65K $30.19 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 6,089 shares representing the deemed exercise price.
F2 Includes 811 shares surrendered to issuer to cover tax withholding obligation of the reporting person.