M. Christopher Doyle - May 2, 2022 Form 4 Insider Report for CIVITAS RESOURCES, INC. (CIVI)

Role
President & CEO
Signature
By: Roberta L. Louis, attorney-in-fact For: M. Christopher Doyle
Stock symbol
CIVI
Transactions as of
May 2, 2022
Transactions value $
$0
Form type
4
Date filed
5/4/2022, 05:37 PM
Next filing
Aug 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIVI Common Stock Award $0 +33.2K $0.00 33.2K May 2, 2022 Direct F1
transaction CIVI Common Stock Award $0 +23.2K +70% $0.00 56.4K May 2, 2022 Direct F1

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 Performance Shares Award $0 +46.4K $0.00 46.4K May 2, 2022 Common Stock 46.4K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units are scheduled to vest in three equal installments on May 2, 2023, May 2, 2024, and May 2, 2025.
F2 The number of performance stock units that could be earned and vest under this grant depend on the Issuer's absolute total shareholder return over the performance period beginning on November 1, 2021 and ending on December 31, 2024. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.