DeMuth Brant 4
4 · CIVITAS RESOURCES, INC. · Filed Dec 9, 2021
Insider Transaction Report
Form 4Exit
DeMuth Brant
Former EVP and CFO
Transactions
- Award
Common Stock
[F1]2021-12-08+43,255→ 82,203 total - Tax Payment
Common Stock
[F2]2021-12-08$57.33/sh−18,992$1,088,811→ 63,211 total - Tax Payment
Common Stock
[F3]2021-12-08$57.33/sh−14,785$847,624→ 48,426 total
Footnotes (3)
- [F1]The Reporting Person received 43,255 shares of common stock, par value $0.01 per share, of Civitas Resources, Inc. resulting from accelerated vesting of performance stock units at the target performance level as a result of the Reporting Person's termination of employment upon a change in control at or immediately after the effective time of that certain agreement and plan of merger by and between Bonanza Creek Energy, Inc., Raptor Eagle Merger Sub, Inc. and Extraction Oil & Gas, Inc., dated as of May 9, 2021.
- [F2]Represents shares withheld to satisfy tax withholding obligations upon vesting of performance stock units.
- [F3]Represents shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.
Signature
By: Roberta L. Louis, attorney-in-fact For: Brant H. DeMuth|2021-12-09