Richard Kevin Andrews - 21 Aug 2021 Form 4 Insider Report for BATTALION OIL CORP (BATL)

Role: EVP, CFO and Treasurer
Signature: Walter R. Mayer, Attorney-in-fact
Issuer symbol: BATL
Transactions as of: 21 Aug 2021
Net transactions value: -$19,000
Form type: 4
Filing time: 24 Aug 2021, 17:00:27 UTC
Next filing: 14 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BATL	Common Stock	Options Exercise	$0	+6,641		$0.000000	6,641	21 Aug 2021	Direct
transaction	BATL	Common Stock	Tax liability	$19,000	-1,617	-24%	$11.75	5,024	21 Aug 2021	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	BATL	Restricted Stock Unit	Options Exercise	$0	-6,641	-25%	$0.000000	19,923	21 Aug 2021	Common Stock	6,641		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld for taxes owed upon vesting of RSUs.
F2	The Reporting Person received an award of restricted stock units ("RSUs") granted on August 21, 2020. Each RSU represents a contingent right to receive one share of Issuer's common stock. The RSUs vest in four equal annual installments beginning August 21, 2021.