MARTER IV CYRUS D 4

4 · CIVITAS RESOURCES, INC. · Filed Nov 16, 2021

Form 4

Period: 2021-11-15

General Counsel & Secretary

Transactions

Exercise/Conversion
Common Stock
2021-11-15$34.36/sh+7,000$240,520→ 62,895 total
Sale
Common Stock
2021-11-15$56.00/sh−7,000$392,000→ 55,895 total
Exercise/Conversion
Common Stock
2021-11-15$34.36/sh+5,000$171,800→ 60,895 total
Sale
Common Stock
[F1]
2021-11-15$56.64/sh−5,000$283,186→ 55,895 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
[F2]
2021-11-15$56.00/sh−7,000$392,000→ 17,380 total
Exercise: $34.36Exp: 2027-04-28→ Common Stock (7,000 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
[F2]
2021-11-15$56.64/sh−5,000$283,186→ 12,380 total
Exercise: $34.36Exp: 2027-04-28→ Common Stock (5,000 underlying)

Footnotes (2)

[F1]The price is the weighted average sales price of the aggregate number of shares that were sold by the reporting person. These shares were sold in multiple transactions at prices ranging from $56.61 to $56.67. The reporting person undertakes to provide to 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 sold at each separate price.
[F2]The option vested in three equal installments on April 28, 2018, 2019, and 2020.

Signature

By: Roberta L. Louis, attorney-in-fact For: Cyrus D. Marter IV|2021-11-16

Documents

1 file