Morris R. Clark - Jun 1, 2022 Form 4 Insider Report for CIVITAS RESOURCES, INC. (CIVI)

Role
Director
Signature
By: Roberta L. Louis, attorney-in-fact For: Morris R. Clark
Stock symbol
CIVI
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/1/2022, 07:06 PM
Previous filing
Nov 2, 2021
Next filing
Jun 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIVI Common Stock Award $0 +4.66K +23.7% $0.00 24.3K Jun 1, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 4,662 Deferred Stock Units ("DSUs") granted on June 1, 2022, pursuant to the Issuer's Independent Director Compensation policy and the Issuer's Extraction Oil & Gas, Inc. 2021 Long Term Incentive Plan. The number of DSUs was determined by dividing the award value of $300,000 by $64.3545 (the volume weighted average price of a share for the 30-trading day period ending on May 31, 2022). The DSUs shall vest in quarterly installments over a twelve (12) month period following the grant date and become fully vested on the date of the 2023 annual stockholder meeting.