Morris R. Clark - Jun 1, 2023 Form 4 Insider Report for CIVITAS RESOURCES, INC. (CIVI)

Role
Director
Signature
By: Rosemary Morice, Attorney-in-Fact For: Morris R. Clark
Stock symbol
CIVI
Transactions as of
Jun 1, 2023
Transactions value $
$0
Form type
4
Date filed
6/5/2023, 04:27 PM
Previous filing
May 18, 2023
Next filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIVI Common Stock Award $0 +4.37K +17.95% $0.00 28.7K Jun 1, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 4,368 Deferred Stock Units ("DSUs") granted on June 1, 2023, 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 $68.6881 (the volume weighted average price of a share for the 30-trading day period ending on May 31, 2023). The DSUs shall vest annually and become fully vested on the date of the 2024 annual stockholder meeting.