Matthew R. Garrison - 31 Aug 2021 Form 4 Insider Report for Centennial Resource Development, Inc. (PR)

Role: EVP, Chief Operating Officer
Signature: /s/ Davis O'Connor, Attorney-in-Fact
Issuer symbol: PR
Transactions as of: 31 Aug 2021
Transactions value $: -$1,302,422
Form type: 4
Filing time: 02 Sep 2021, 18:50:22 UTC
Previous filing: 03 Aug 2021
Next filing: 15 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PR	Class A Common Stock	Sale	-$457K	-89.1K	-5.4%	$5.12	1.56M	31 Aug 2021	Direct	F1
transaction	PR	Class A Common Stock	Tax liability	-$846K	-168K	-10.74%	$5.04	1.39M	01 Sep 2021	Direct

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.120 to $5.125. The Reporting Person undertakes to provide Centennial Resource Development, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.120 to $5.125. The Reporting Person undertakes to provide Centennial Resource Development, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.