Brent P. Jensen - 01 Oct 2021 Form 4 Insider Report for Centennial Resource Development, Inc. (PR)

Role: SVP, Chief Accounting Officer
Signature: /s/ Davis O'Connor, Attorney-in-Fact
Issuer symbol: PR
Transactions as of: 01 Oct 2021
Transactions value $: -$270,971
Form type: 4
Filing time: 05 Oct 2021, 21:47:30 UTC
Previous filing: 02 Sep 2021
Next filing: 20 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PR	Class A Common Stock	Sale	-$64K	-9.14K	-0.87%	$7.00	1.04M	01 Oct 2021	Direct	F1
transaction	PR	Class A Common Stock	Sale	-$159K	-22.1K	-2.12%	$7.21	1.02M	04 Oct 2021	Direct	F1, F2
transaction	PR	Class A Common Stock	Sale	-$47.5K	-6.34K	-0.62%	$7.50	1.02M	05 Oct 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The sales reported in this transaction were effected pursuant to a Rule 10b5-1 trading plan.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.15 to $7.25. The Reporting Person undertakes to provide Centennial Resource Development, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

The sales reported in this transaction were effected pursuant to a Rule 10b5-1 trading plan.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.15 to $7.25. The Reporting Person undertakes to provide Centennial Resource Development, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.