Kelly Jeffrey S 4
4 · CIVITAS RESOURCES, INC. · Filed Aug 15, 2023
Insider Transaction Report
Form 4
Kelly Jeffrey S
Chief Transformation Officer
Transactions
- Award
Common Stock
2023-08-14+8,248→ 8,248 total - Award
Common Stock
2023-08-14+5,361→ 13,609 total - Award
Performance Share Units
2023-08-14+12,509→ 12,509 totalExp: 2025-12-31→ Common Stock (12,509 underlying)
Footnotes (2)
- [F1]The restricted stock units are scheduled to vest in three equal installments on August 14, 2024, August 14, 2025, and August 14, 2026.
- [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, 2023 and ending on December 31, 2025. The actual number of shares that may vest ranges from zero to 225% of the target number of shares.