Kristen McWatters - Dec 10, 2021 Form 4 Insider Report for GOODRICH PETROLEUM CORP (GDP)

Role: Sr. Vice President, CFO & CAO
Signature: Kristen M. McWatters
Stock symbol: GDP
Transactions as of: Dec 10, 2021
Transactions value $: -$9,330
Form type: 4
Date filed: 12/14/2021, 03:03 PM
Next filing: Dec 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GDP	Common Stock	Options Exercise		+1.67K	+16.39%		11.8K	Dec 10, 2021	Direct	F1
transaction	GDP	Common Stock	Tax liability	-$9.33K	-406	-3.43%	$22.98	11.4K	Dec 10, 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	GDP	phantom Stock	Options Exercise	$0	+1.67K		$0.00	1.67K	Dec 10, 2021	Common Stock	1.67K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of GDP common stock. On December 10, 2021 the reporting person settled one-third of the shares of phantom stock that were granted to him on December 10, 2019.