Russell T JR Kelley - Feb 2, 2023 Form 4 Insider Report for Ranger Oil Corp (ROCC)

Role
SVP, CFO and Treasurer
Signature
/s/ Katherine Ryan, Attorney-in-Fact
Stock symbol
ROCC
Transactions as of
Feb 2, 2023
Transactions value $
-$599,577
Form type
4
Date filed
2/3/2023, 01:53 PM
Previous filing
Mar 22, 2022
Next filing
Mar 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROCC Class A Common Stock Award $0 +46.8K +144.87% $0.00 79K Feb 2, 2023 Direct F1
transaction ROCC Class A Common Stock Tax liability -$600K -14.8K -18.76% $40.43 64.2K Feb 2, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 12/20/2019, the reporting person was granted 15,066 performance-based restricted stock units and on 03/19/2020, the reporting person was granted 35,765 performance-based restricted stock units. Both awards had a performance period beginning on January 1, 2020 and ending December 31, 2022 and vest from 0 to 200% based on the issuer's relative total share return relative to a peer group of companies. The Compensation & Benefits Committee determined that the performance factor was 92% and the awards settled on 02/02/2023.
F2 Represents shares withhold to satisfy tax withholding obligations upon vesting of performance-based restricted stock units.