Willis Eric M. 4
4 · Amplify Energy Corp. · Filed Jan 10, 2025
Insider Transaction Report
Form 4
Willis Eric M.
See Remarks
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2025-01-08+72,116→ 228,035 total - Exercise/Conversion
Performance Stock Units
2025-01-08−36,058→ 74,267 total→ Common Stock (36,058 underlying) - Tax Payment
Common Stock, par value $0.01 per share
2025-01-08$6.00/sh−29,659$177,954→ 198,376 total
Footnotes (2)
- [F1]Reflects shares of common stock, par value $0.01 per share ("Common Stock"), of Amplify Energy Corp. (the "Company") granted upon settlement of previously awarded restricted stock units with performance and service-based vesting conditions ("PSUs"). On January 8, 2024, the Compensation Committee (the "Compensation Committee") of the Company certified the Company's relative total shareholder return performance over the performance period, which ran from January 1, 2022 through December 31, 2024, resulting in 100% of the PSUs originally granted on February 1, 2022 becoming earned at 200% of the target amount.
- [F2]These PSUs were granted under the Amplify Energy Corp. Equity Incentive Plan and vest pursuant to the Company's achievement of certain performance goals and so long as the reporting person remains employed by the Company through the vesting date. Each PSU represents a contingent right to receive, upon vesting, up to 200% of the target amount. On January 8, 2025, the Compensation Committee certified the Company's relative total shareholder return performance over the performance period, which ran from January 1, 2022 through December 31, 2024, resulting in 100% of the PSUs originally granted on February 1, 2022 becoming earned at 200% of the target amount.