Greager Eric T. - 08 Feb 2022 Form 4 Insider Report for CIVITAS RESOURCES, INC. (CIVI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
08 Feb 2022, 17:36:07 UTC
Prior SEC filing
24 Jan 2022
Next SEC filing
13 Apr 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Roberta L. Louis, attorney-in-fact For: Eric T. Greager

Key filing fact

Greager Eric T. filed Form 4 for CIVITAS RESOURCES, INC. (CIVI) on 08 Feb 2022.

Key facts

  • This page summarizes Greager Eric T.'s Form 4 filing for CIVITAS RESOURCES, INC. (CIVI).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 08 Feb 2022, 17:36.

Change

  • Previous filing in this sequence was filed on 24 Jan 2022.
  • Current net transaction value: -$3,603,980.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CIVI transaction

Common Stock

Award

Transaction value
$0
Shares
+49,569
Change %
+25%
Price
$0.000000
Shares after
249,494
Date
08 Feb 2022
Ownership
Direct
Footnotes
F1
CIVI transaction

Common Stock

Tax liability

Transaction value
$1,200,610
Shares
-21,762
Change %
-8.7%
Price
$55.17
Shares after
227,732
Date
08 Feb 2022
Ownership
Direct
Footnotes
F2
CIVI transaction

Common Stock

Tax liability

Transaction value
$2,403,371
Shares
-43,563
Change %
-19%
Price
$55.17
Shares after
184,169
Date
08 Feb 2022
Ownership
Direct
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The Reporting Person received 49,569 shares of common stock, par value $0.01 per share, of Civitas Resources, Inc. resulting from accelerated vesting of performance stock units at the target performance level as a result of the Reporting Person's termination without "cause" pursuant to the Civitas Resources, Inc. Eighth Amended and Restated Executive Change in Control and Severance Benefit Plan.

Footnote F2

Represents shares withheld to satisfy tax withholding obligations upon vesting of the performance stock units.

Footnote F3

Represents shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.

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