Dean Tinsley - 10 Aug 2022 Form 4 Insider Report for CIVITAS RESOURCES, INC. (CIVI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
11 Aug 2022, 17:33:48 UTC
Prior SEC filing
23 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Roberta L. Louis, attorney-in-fact For: Dean Tinsley

Key filing fact

Dean Tinsley filed Form 4 for CIVITAS RESOURCES, INC. (CIVI) on 11 Aug 2022.

Key facts

  • This page summarizes Dean Tinsley's Form 4 filing for CIVITAS RESOURCES, INC. (CIVI).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 11 Aug 2022, 17:33.

Change

  • Previous filing in this sequence was filed on 23 Jun 2022.
  • Current net transaction value: -$1,519,916.

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
+43,082
Change %
+88%
Price
$0.000000
Shares after
91,929
Date
10 Aug 2022
Ownership
Direct
Footnotes
F1
CIVI transaction

Common Stock

Tax liability

Transaction value
$1,122,346
Shares
-18,917
Change %
-21%
Price
$59.33
Shares after
73,012
Date
10 Aug 2022
Ownership
Direct
Footnotes
F2
CIVI transaction

Common Stock

Tax liability

Transaction value
$397,570
Shares
-6,701
Change %
-9.2%
Price
$59.33
Shares after
66,311
Date
10 Aug 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

Section 16 status

Dean Tinsley is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

The Reporting Person received 43,082 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 performance stock units.

Footnote F3

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

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