John Charles Bell - 06 Mar 2024 Form 4 Insider Report for Permian Resources Corp (PR)

Role: EVP, General Counsel
Signature: /s/ Chad W. MacDonald, Attorney-in-fact
Issuer symbol: PR
Transactions as of: 06 Mar 2024
Net transactions value: -$7,855,000
Form type: 4
Filing time: 08 Mar 2024, 18:23:43 UTC
Previous filing: 19 Dec 2023
Next filing: 28 Mar 2024
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	Conversion of derivative security	$0	+500,000	+934%	$0.000000	553,517	06 Mar 2024	Direct	F1
transaction	PR	Class A Common Stock	Sale	$7,855,000	-500,000	-90%	$15.71	53,517	06 Mar 2024	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PR	Common Units	Conversion of derivative security		-500,000	-27%		1,353,243	06 Mar 2024	Class A Common Stock	500,000		Direct	F1

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

Explanation of Responses:

Id	Content
F1	At the request of the reporting person, each Common Unit of Permian Resources Operating, LLC and a corresponding share of Class C common stock of the Issuer may be redeemed for newly-issued shares of Class A common stock of the Issuer on a one-for-one basis. The Common Units do not expire.
F2	These shares were sold pursuant to an underwriting agreement, dated March 4, 2024, among the Issuer, the selling stockholders and the underwriter named therein. The shares were sold at a public offering price of $15.76 per share, and the Reporting Person paid an underwriting discount and commission of $0.05 per share, resulting in a net price of $15.71 per share.