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

Role: Director
Signature: Michael J. Killelea
Stock symbol: GDP
Transactions as of: Dec 10, 2021
Transactions value $: -$42,224
Form type: 4
Date filed: 12/14/2021, 03:08 PM
Previous filing: Jul 2, 2021
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		+11K	+71.74%		26.4K	Dec 10, 2021	Direct	F1
transaction	GDP	Common Stock	Tax liability	-$42.2K	-3.73K	-2.56%	$11.32	142K	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	-11K	-100%	$0.00^*	0	Dec 10, 2021	Common Stock	11K		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 100% of the shares of phantom stock that were granted to him on December 10, 2020.