4//SEC Filing
PEARL ENERGY INVESTMENTS, L.P. 4
Accession 0001104659-22-097983
CIK 0001658566other
Filed
Sep 5, 8:00 PM ET
Accepted
Sep 6, 9:01 PM ET
Size
16.5 KB
Accession
0001104659-22-097983
Insider Transaction Report
Form 4
PEARL ENERGY INVESTMENTS, L.P.
10% Owner
Transactions
- Award
Common Units
2022-09-01+16,094,353→ 16,094,353 total→ Class A Common Stock (16,094,353 underlying) - Award
Common Units
2022-09-01+16,609,730→ 16,609,730 total→ Class A Common Stock (16,609,730 underlying) - Award
Common Units
2022-09-01+56,429,386→ 56,429,386 total→ Class A Common Stock (56,429,386 underlying)
PEARL ENERGY INVESTMENTS II, L.P.
10% Owner
Transactions
- Award
Common Units
2022-09-01+56,429,386→ 56,429,386 total→ Class A Common Stock (56,429,386 underlying) - Award
Common Units
2022-09-01+16,094,353→ 16,094,353 total→ Class A Common Stock (16,094,353 underlying) - Award
Common Units
2022-09-01+16,609,730→ 16,609,730 total→ Class A Common Stock (16,609,730 underlying)
PEARL CIII HOLDINGS, L.P.
10% Owner
Transactions
- Award
Common Units
2022-09-01+16,094,353→ 16,094,353 total→ Class A Common Stock (16,094,353 underlying) - Award
Common Units
2022-09-01+56,429,386→ 56,429,386 total→ Class A Common Stock (56,429,386 underlying) - Award
Common Units
2022-09-01+16,609,730→ 16,609,730 total→ Class A Common Stock (16,609,730 underlying)
Footnotes (4)
- [F1]The securities were acquired in connection with the business combination of Centennial Resource Development, Inc. a Delaware corporation ("Centennial") and Colgate Energy Partners III, LLC ("Colgate") pursuant to that certain Business Combination Agreement, dated as of May 19, 2022 (the "Business Combination Agreement"), by and among Centennial, Centennial Resource Production, LLC, a Delaware limited liability company ("CRP"), Colgate, and, solely for purposes of the specified provisions therein, Colgate Energy Partners III MidCo, LLC, a Delaware limited liability company, pursuant to which CRP merged with and into Colgate (the "Merger"), with CRP surviving the Merger and continuing as a subsidiary of Centennial. Upon consummation of the Merger, Centennial was renamed Permian Resources Corporation (the "Company") and CRP was renamed Permian Resources Operating, LLC ("PRC").
- [F2]At the request of the reporting person, each Common Unit of PRC and a corresponding share of Class C common stock of the Company may be redeemed for newly-issued shares of Class A common stock of the Company on a one-for-one basis. The Common Units do not expire.
- [F3]56,429,386 Common Units of PRC and corresponding shares of Class C common stock of the Company are held by Pearl Energy Investments, L.P. ("Pearl 1"). Pearl I is controlled by Pearl Energy Investment GP, L.P., its general partner ("Pearl I GP, L.P."). Pearl I GP, L.P. is controlled by Pearl Energy Investment UGP, LLC, its general partner ("Pearl I UGP"). Pearl I UGP is controlled bv William J. Quinn, the founder and managing partner of Pearl Energy Investments ("Quinn"). 16,094,353 Common Units of PRC and corresponding shares of Class C common stock of the Company are held by Pearl Energy Investments II, L.P. ("Pearl II"). Pearl II is controlled by Pearl Energy Investment II GP, L.P., its general partner ("Pearl II GP, L.P."). Pearl II GP, L.P. is controlled by Pearl Energy Investment II UGP, LLC ("Pearl II UGP").
- [F4]Pearl II UGP is controlled by Quinn. 16,609,730 Common Units of PRC and corresponding shares of Class C common stock of the Company are held by Pearl CIII Holdings, L.P. ("Colgate Holdings"). Colgate Holdings is controlled by Pearl II GP, L.P. Pearl II GP, L.P. is controlled by Pearl II UGP. Pearl II UGP is controlled by Quinn. The respective controlling entities of the reporting persons may be deemed to beneficially own all of the Common Units and the corresponding shares of Class C common stock of the Company held by such reporting persons. Such persons disclaim beneficial ownership of the Common Units reported herein except to the extent of their respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that any such person is the beneficial owner of any Common Units covered by this Form 4.
Documents
Issuer
Permian Resources Corp
CIK 0001658566
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001642398
Filing Metadata
- Form type
- 4
- Filed
- Sep 5, 8:00 PM ET
- Accepted
- Sep 6, 9:01 PM ET
- Size
- 16.5 KB