Robert Regan Shannon - 20 Dec 2024 Form 4 Insider Report for Permian Resources Corp (PR)

Role
EVP, Chief Accounting Officer
Signature
/s/ John Bell, Attorney-in-Fact
Issuer symbol
PR
Transactions as of
20 Dec 2024
Net transactions value
$0
Form type
4
Filing time
26 Dec 2024, 18:27:32 UTC
Previous filing
05 Sep 2024
Next filing
05 Mar 2025
SEC
View on sec.gov

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 Gift $0 -500,000 -33% $0.000000 1,000,000 20 Dec 2024 Class A Common Stock 500,000 Direct F1, F2
holding PR Common Units 500,000 20 Dec 2024 Class A Common Stock 500,000 By Investment Partnership F1, F2
holding PR Common Units 500,000 20 Dec 2024 Class A Common Stock 500,000 By Investment Partnership F1, F3
* 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 (each, a "Common Unit") of Permian Resources Operating, LLC and a corresponding share of Class C common stock (the "Class C common stock"), par value $0.0001, of Permian Resources Corporation (the "Issuer") may be redeemed for newly-issued shares of Class A common stock, par value $0.0001, of the Issuer on a one-for-one basis. The Common Units do not expire.
F2 On December 20, 2024, the reporting person transferred 500,000 Common Units, along with an equal number of corresponding shares of Class C common stock, to SFIP 2024 L.P., an investment partnership controlled by the reporting person.
F3 500,000 Common Units, along with an equal number of corresponding shares of Class C commons stock, are held directy by Shannon Family Investment Partners, L.P., an investment partnership controlled by the reporting person.