Carrie L. Hudak - Jun 2, 2021 Form 4 Insider Report for Bonanza Creek Energy, Inc. (CIVI)

Role: Director
Signature: By: Roberta L. Louis, attorney-in-fact For: Carrie L. Hudak
Stock symbol: CIVI
Transactions as of: Jun 2, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/2/2021, 04:44 PM
Next filing: Nov 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CIVI	Common Stock	Award	$0	+3.57K	+31.45%	$0.00	14.9K	Jun 2, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with the 2021 annual meeting of stockholders, Reporting Person was granted restricted stock units with respect to shares of the Issuer's Common Stock on June 2, 2021, pursuant to the Issuer's 2021 Long Term Incentive Plan. The restricted stock units are scheduled to vest on the first anniversary of its grant-date and be delivered to the Reporting Person in shares within 30 days after June 2, 2022 (subject to accelerated vesting and delivery on specified terminations of the Reporting Person's service or a change in control of the Issuer). The number of shares was determined by dividing the award value of $125,000 by $34.98 (which was the volume weighted average price of a share for the 30 trading day period ending on June 1, 2021).

Content

In connection with the 2021 annual meeting of stockholders, Reporting Person was granted restricted stock units with respect to shares of the Issuer's Common Stock on June 2, 2021, pursuant to the Issuer's 2021 Long Term Incentive Plan. The restricted stock units are scheduled to vest on the first anniversary of its grant-date and be delivered to the Reporting Person in shares within 30 days after June 2, 2022 (subject to accelerated vesting and delivery on specified terminations of the Reporting Person's service or a change in control of the Issuer). The number of shares was determined by dividing the award value of $125,000 by $34.98 (which was the volume weighted average price of a share for the 30 trading day period ending on June 1, 2021).