Bell John Charles 4
4 · Permian Resources Corp · Filed Mar 8, 2024
Insider Transaction Report
Form 4
Bell John Charles
EVP, General Counsel
Transactions
- Conversion
Common Units
2024-03-06−500,000→ 1,353,243 total→ Class A Common Stock (500,000 underlying) - Conversion
Class A Common Stock
2024-03-06+500,000→ 553,517 total - Sale
Class A Common Stock
2024-03-06$15.71/sh−500,000$7,855,000→ 53,517 total
Footnotes (2)
- [F1]At the request of the reporting person, each Common Unit of Permian Resources Operating, LLC and a corresponding share of Class C common stock of the Issuer may be redeemed for newly-issued shares of Class A common stock of the Issuer on a one-for-one basis. The Common Units do not expire.
- [F2]These shares were sold pursuant to an underwriting agreement, dated March 4, 2024, among the Issuer, the selling stockholders and the underwriter named therein. The shares were sold at a public offering price of $15.76 per share, and the Reporting Person paid an underwriting discount and commission of $0.05 per share, resulting in a net price of $15.71 per share.