Tinsley Dean 4
4 · CIVITAS RESOURCES, INC. · Filed Aug 11, 2022
Insider Transaction Report
Form 4
Tinsley Dean
SVP, Operations
Transactions
- Tax Payment
Common Stock
2022-08-10$59.33/sh−18,917$1,122,346→ 73,012 total - Award
Common Stock
2022-08-10+43,082→ 91,929 total - Tax Payment
Common Stock
2022-08-10$59.33/sh−6,701$397,570→ 66,311 total
Footnotes (3)
- [F1]The Reporting Person received 43,082 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 without "cause" pursuant to the Civitas Resources, Inc. Eighth Amended and Restated Executive Change in Control and Severance Benefit Plan.
- [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.