Brian Kuck - 24 Feb 2025 Form 4 Insider Report for CIVITAS RESOURCES, INC. (CIVI)

Role
SVP, Corp. Dev. & Strategy
Signature
By: Adrian Milton, Attorney-in-Fact for Brian Kuck
Issuer symbol
CIVI
Transactions as of
24 Feb 2025
Net transactions value
$0
Form type
4
Filing time
26 Feb 2025, 17:03:38 UTC
Next filing
28 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CIVI Common Stock Award $0 +9,554 +37% $0.000000 35,707 24 Feb 2025 Direct F1

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 CIVI Performance Stock Units Award $0 +22,294 $0.000000 22,294 24 Feb 2025 Common Stock 22,294 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units are scheduled to vest in three equal installments on February 24, 2026, February 24, 2027, and February 24, 2028.
F2 The number of performance stock units that could be earned and vest under this grant depend on the Issuer's absolute total shareholder return over the performance period beginning on January 1, 2025 and ending on December 31, 2027. The actual number of shares that may vest ranges from zero to 225% of the target number of shares.