BRIAN STECK - 01 Nov 2021 Form 4 Insider Report for CIVITAS RESOURCES, INC. (CIVI)

Role: Director
Signature: By: Roberta L. Louis, attorney-in-fact For: Brian Steck
Issuer symbol: CIVI
Transactions as of: 01 Nov 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Nov 2021, 19:49:05 UTC
Previous filing: 02 Jun 2021
Next filing: 01 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CIVI	Common Stock	Award	$0	+3,435	+13%	$0.000000	29,970	01 Nov 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents 3,435 Deferred Stock Units ("DSUs") granted on November 1, 2021, pursuant to the Issuers Independent Director Compensation policy and the Issuer's 2021 Long Term Incentive Plan. The number of DSUs was determined by dividing the award value of $175,000 by $50.95 (the volume weighted average price of a share for the 30-trading day period ending on October 29, 2021, which shall vest one-third on January 1, 2022, one-third on April 1, 2022, and become fully vested on the date of the 2022 annual stockholder meeting.

Content

Represents 3,435 Deferred Stock Units ("DSUs") granted on November 1, 2021, pursuant to the Issuers Independent Director Compensation policy and the Issuer's 2021 Long Term Incentive Plan. The number of DSUs was determined by dividing the award value of $175,000 by $50.95 (the volume weighted average price of a share for the 30-trading day period ending on October 29, 2021, which shall vest one-third on January 1, 2022, one-third on April 1, 2022, and become fully vested on the date of the 2022 annual stockholder meeting.