Michael Palmer - Feb 1, 2023 Form 4 Insider Report for Riley Exploration Permian, Inc. (REPX)

Role
EVP CORPORATE LAND
Signature
/s/Michael Palmer
Stock symbol
REPX
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/1/2023, 03:39 PM
Previous filing
Oct 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REPX Common Stock, par value $0.001 per share Tax liability $0 -1.27K -5.14% $0.00 23.4K Feb 1, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael Palmer is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These shares were surrendered to satisfy the withholding tax liability incurred upon the vesting of shares of restricted stock originally issued to the reporting person pursuant to the Riley ExplorationPermian,Inc. 2021 Long Term Incentive Plan and does not represent a discretionary trade by the reporting person.
F2 This amount includes 11,061 shares of restricted common stock subject to vesting and certain other restrictions.

Remarks:

The Issuer's Board of Directors has determined that the core job responsibilities of the reporting person do not fall within the definition of an executive officer for purposes of Section 16 of the Exchange Act. As a result, the reporting person is no longer subject to Section 16 in connection with his transactions in the securities of Riley Exploration Permian, Inc. and therefore will no longer report any such transactions on Form 4 or Form 5.