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

Role
EVP, Chief Operating Officer
Signature
/s/ Davis O'Connor, Attorney-in-Fact
Stock symbol
PR
Transactions as of
Aug 26, 2022
Transactions value $
-$1,829,080
Form type
4
Date filed
8/30/2022, 06:31 PM
Previous filing
Aug 10, 2022
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PR Class A Common Stock Award $0 +257K +19.25% $0.00 1.59M Aug 26, 2022 Direct F1
transaction PR Class A Common Stock Tax liability -$775K -109K -6.84% $7.13 1.48M Aug 26, 2022 Direct
transaction PR Class A Common Stock Disposed to Issuer -$1.05M -148K -9.99% $7.13 1.33M Aug 26, 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.