Matthew R. Garrison - 26 Aug 2022 Form 4 Insider Report for Centennial Resource Development, Inc. (PR)

Role
EVP, Chief Operating Officer
Signature
/s/ Davis O'Connor, Attorney-in-Fact
Issuer symbol
PR
Transactions as of
26 Aug 2022
Net transactions value
-$1,829,080
Form type
4
Filing time
30 Aug 2022, 18:31:44 UTC
Previous filing
10 Aug 2022
Next filing
06 Sep 2022
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 Award $0 +256,533 +19% $0.000000 1,589,086 26 Aug 2022 Direct F1
transaction PR Class A Common Stock Tax liability $774,617 -108,642 -6.8% $7.13 1,480,444 26 Aug 2022 Direct
transaction PR Class A Common Stock Disposed to Issuer $1,054,463 -147,891 -10% $7.13 1,332,553 26 Aug 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting and cash settlement of a previously granted performance stock unit award upon the certification of the level at which the performance goals had been met by the Compensation Committee of the Issuer's Board of Directors.