R. Scott Meyers - 17 Jul 2023 Form 4 Insider Report for PDC ENERGY, INC.

Role
EVP, CFO
Signature
/s/ Nicole L. Martinet, by power of attorney
Issuer symbol
N/A
Transactions as of
17 Jul 2023
Net transactions value
-$177,175
Form type
4
Filing time
19 Jul 2023, 17:02:16 UTC
Previous filing
20 Jun 2023
Next filing
07 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDCE Common Stock Sale $177,175 -2,500 -1.6% $70.87 154,910 17 Jul 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Adoption date of referenced 10b5-1(c) plan is: 12/06/2022