4//SEC Filing
Walter James H 4
Accession 0001658566-24-000025
CIK 0001658566other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 6:24 PM ET
Size
10.8 KB
Accession
0001658566-24-000025
Insider Transaction Report
Form 4
Walter James H
DirectorCo-Chief Executive Officer
Transactions
- Sale
Class A Common Stock
2024-03-06$15.71/sh−4,000,000$62,840,000→ 0 total - Conversion
Common Units
2024-03-06−4,000,000→ 9,052,692 total→ Class A Common Stock (4,000,000 underlying) - Conversion
Class A Common Stock
2024-03-06+4,000,000→ 4,000,000 total
Holdings
- 2,989,989(indirect: By Partnership)
Common Units
→ Class A Common Stock (2,989,989 underlying)
Footnotes (3)
- [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.
- [F3]2,989,989 Common Units, along with an equal number of corresponding shares of Class C common stock, are held directly by Bedford Family Partners, L.P., an investment partnership controlled by the reporting person.
Documents
Issuer
Permian Resources Corp
CIK 0001658566
Entity typeother
Related Parties
1- filerCIK 0001943746
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 6:24 PM ET
- Size
- 10.8 KB