Lance Lauck - 11 Nov 2022 Form 4 Insider Report for PDC ENERGY, INC.

Role
EVP, Corp. Dev. & Strategy
Signature
/s/ Nicole L. Martinet, by power of attorney
Issuer symbol
N/A
Transactions as of
11 Nov 2022
Net transactions value
-$2,163,153
Form type
4
Filing time
15 Nov 2022, 16:12:08 UTC
Previous filing
10 Nov 2022
Next filing
13 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCE Common Stock Sale $1,341,010 -16,725 -11% $80.18 142,425 11 Nov 2022 Direct F1
transaction PDCE Common Stock Sale $603,758 -7,362 -5.2% $82.01 135,063 11 Nov 2022 Direct F2
transaction PDCE Common Stock Options Exercise $161,294 +4,070 +3% $39.63 139,133 11 Nov 2022 Direct
transaction PDCE Common Stock Options Exercise $161,334 +4,071 +2.9% $39.63 143,204 11 Nov 2022 Direct
transaction PDCE Common Stock Options Exercise $161,334 +4,071 +2.8% $39.63 147,275 11 Nov 2022 Direct
transaction PDCE Common Stock Tax liability $484,008 -6,023 -4.1% $80.36 141,252 11 Nov 2022 Direct F3
transaction PDCE Common Stock Tax liability $218,338 -2,717 -1.9% $80.36 138,535 11 Nov 2022 Direct F4

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 -4,070 -100% $0.000000* 0 11 Nov 2022 Common Stock 4,070 $39.63 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -4,071 -100% $0.000000* 0 11 Nov 2022 Common Stock 4,071 $39.63 Direct
transaction PDCE Stock Appreciation Rights Options Exercise $0 -4,071 -100% $0.000000* 0 11 Nov 2022 Common Stock 4,071 $39.63 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $80.02 to $80.32, inclusive. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Security and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.01 to $82.06, inclusive.
F3 Includes 6,023 shares representing the deemed exercise price.
F4 Includes 2,717 shares surrendered to issuer to cover tax withholding obligations of the reporting person.