Steven W. Adam - 23 Feb 2022 Form 4 Insider Report for SILVERBOW RESOURCES, INC.

Role
EVP and COO
Signature
/s/ ADAM STEVEN W
Issuer symbol
N/A
Transactions as of
23 Feb 2022
Net transactions value
-$150,879
Form type
4
Filing time
25 Feb 2022, 15:45:49 UTC
Previous filing
30 Jun 2021
Next filing
28 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBOW Common Stock Award $0 +16,399 +32% $0.000000 67,174 23 Feb 2022 Direct F1
transaction SBOW Common Stock Award $0 +25,038 +37% $0.000000 92,212 23 Feb 2022 Direct
transaction SBOW Common Stock Tax liability $150,879 -6,245 -6.8% $24.16 85,967 23 Feb 2022 Direct
transaction SBOW Common Stock Gift $0 -18,793 -22% $0.000000 67,174 23 Feb 2022 Direct
transaction SBOW Common Stock Gift $0 +18,793 +32% $0.000000 76,690 23 Feb 2022 Adam Family Living Trust F2, F3
holding SBOW Common Stock 6,284 23 Feb 2022 IRA F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The award consists of restricted stock units which vest annually, on the first day of the month following the anniversary of the grant date, in three substantially equal installments.
F2 Mr. Adam and his spouse are both trustees and beneficiaries of the Adam Family Living Trust, and therefore Mr. Adam has shared voting and investment control of the shares therein.
F3 The shares reflected as indirectly owned by the Adam Family Living Trust were previously reported as directly held. This filing correctly classifies the ownership of the shares.
F4 The shares reflected as indirectly owned by the insider under an IRA were previously reported as directly held. This filing correctly classifies the ownership of the shares.