Key facts
- This page summarizes Matthew R. Garrison's Form 4 filing for Permian Resources Corp (PR).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 27 Jul 2023, 18:45.
Matthew R. Garrison - 25 Jul 2023 Form 4 Insider Report for Permian Resources Corp (PR)
- Reporting relationship
- EVP, Chief Operating Officer
- Issuer ticker
- PR
- Reported as of
- 25 Jul 2023
- Net transaction value
- +$5,044,450
- SEC form
- 4
- Accepted by SEC
- 27 Jul 2023, 18:45:11 UTC
- Prior SEC filing
- 05 Jun 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Chad W. MacDonald, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Matthew R. Garrison filed Form 4 for Permian Resources Corp (PR) on 27 Jul 2023.
Change
- Previous filing in this sequence was filed on 05 Jun 2023.
- Current net transaction value: +$5,044,450.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PR
transaction
Class A Common Stock
Award
- Transaction value
- $8,750,352
- Shares
- +769,600
- Change %
- +73%
- Price
- $11.37
- Shares after
- 1,818,510
- Date
- 25 Jul 2023
- Ownership
- Direct
- Footnotes
- F1
PR
transaction
Class A Common Stock
Sale
- Transaction value
- $3,705,902
- Shares
- -330,059
- Change %
- -18%
- Price
- $11.23
- Shares after
- 1,488,451
- Date
- 26 Jul 2023
- Ownership
- Direct
- Footnotes
- F2, 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
On July 28, 2020, the reporting person was granted an award of performance restricted stock units ("PSUs"), which vest in the form of common stock if certain pre-established performance goals underlying the award are met over the course of a three-year period. On July 25, 2023, the Compensation Committee of the Issuer's Board of Directors certified the level at which the performance goals had been met, resulting in the vesting of these shares.
Footnote F2
Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the PSUs. The sales were effected through a mandatory "sell to cover" transaction that did not represent a discretionary trade by the reporting person.
Footnote F3
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.115 to $11.385. The reporting person undertakes to provide Permian Resources Corporation (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.