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

Role: EVP and COO
Signature: /s/ ADAM STEVEN W
Stock symbol: SBOW
Transactions as of: Feb 23, 2022
Transactions value $: -$150,879
Form type: 4
Date filed: 2/25/2022, 03:45 PM
Previous filing: Jun 30, 2021
Next filing: Feb 28, 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	+16.4K	+32.3%	$0.00	67.2K	Feb 23, 2022	Direct	F1
transaction	SBOW	Common Stock	Award	$0	+25K	+37.27%	$0.00	92.2K	Feb 23, 2022	Direct
transaction	SBOW	Common Stock	Tax liability	-$151K	-6.25K	-6.77%	$24.16	86K	Feb 23, 2022	Direct
transaction	SBOW	Common Stock	Gift	$0	-18.8K	-21.86%	$0.00	67.2K	Feb 23, 2022	Direct
transaction	SBOW	Common Stock	Gift	$0	+18.8K	+32.46%	$0.00	76.7K	Feb 23, 2022	Adam Family Living Trust	F2, F3
holding	SBOW	Common Stock						6.28K	Feb 23, 2022	IRA	F4

Showing 1 to 6 of 6 entries

* 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.