Dean Tinsley - 08 Nov 2021 Form 4 Insider Report for CIVITAS RESOURCES, INC. (CIVI)

Role: SVP, Operations
Signature: By: Roberta L. Louis, attorney-in-fact For: Dean Tinsley
Issuer symbol: CIVI
Transactions as of: 08 Nov 2021
Net transactions value: -$336,960
Form type: 4
Filing time: 09 Nov 2021, 15:41:58 UTC
Previous filing: 22 Jun 2021
Next filing: 24 Jan 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	Options Exercise	$137,440	+4,000	+11%	$34.36	41,517	08 Nov 2021	Direct
transaction	CIVI	Common Stock	Sale	$237,200	-4,000	-9.6%	$59.30	37,517	08 Nov 2021	Direct

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	CIVI	Non-Qualified Stock Option (right to buy)	Options Exercise	$237,200	-4,000	-53%	$59.30	3,609	08 Nov 2021	Common Stock	4,000	$34.36	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The option vested in three equal installments on April 28, 2018, 2019, and 2020.