Kevin William Smith - Feb 19, 2025 Form 4 Insider Report for Coterra Energy Inc. (CTRA)

Role
SVP & Chief Technology Officer
Signature
/s/ Marcus G. Bolinder, attorney-in-fact
Stock symbol
CTRA
Transactions as of
Feb 19, 2025
Transactions value $
$0
Form type
4
Date filed
2/21/2025, 06:18 PM
Previous filing
Feb 12, 2025
Next filing
Mar 21, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTRA Common Stock Award $0 +46.2K +53.91% $0.00 132K Feb 19, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CTRA Performance Stock Units Award $0 +46.2K $0.00 46.2K Feb 19, 2025 Common Stock 46.2K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units payable solely in common stock. Subject to the terms of the award agreement, these restricted stock units vest on January 31, 2028.
F2 Each performance stock unit represents a contingent right to receive one share of common stock (up to 100% of the performance stock units awarded) and cash equal to the Fair Market Value (as defined in the performance stock unit award agreement) of one share of common stock for vesting above 100%.
F3 Represents the number of performance stock units awarded on February 19, 2025.
F4 The award agreement provides for vesting between 0% and 200% of the performance stock units granted (payable in common stock up to 100% of the performance stock units granted and, for vesting above 100%, in cash) based upon the achievement of certain performance criteria over a three-year performance period beginning February 1, 2025 and ending January 31, 2028.