Jeffrey Serota - 10 Dec 2021 Form 4 Insider Report for GOODRICH PETROLEUM CORP (GDP)

Role: Director
Signature: Michael J. Killelea
Issuer symbol: GDP
Transactions as of: 10 Dec 2021
Net transactions value: -$42,224
Form type: 4
Filing time: 14 Dec 2021, 15:08:13 UTC
Previous filing: 02 Jul 2021
Next filing: 23 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GDP	Common Stock	Options Exercise		+11,042	+72%		26,433	10 Dec 2021	Direct	F1
transaction	GDP	Common Stock	Tax liability	$42,224	-3,730	-2.6%	$11.32	142,160	10 Dec 2021	Direct

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	GDP	Phantom Stock	Options Exercise	$0	-11,042	-100%	$0.000000^*	0	10 Dec 2021	Common Stock	11,042		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of GDP common stock. On December 10, 2021 the reporting person settled 100% of the shares of phantom stock that were granted to him on December 10, 2020.