Matthew R. Garrison - 26 Aug 2022 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
26 Aug 2022
Transactions value $
-$1,829,080
Form type
4
Filing time
30 Aug 2022, 18:31:44 UTC
Previous filing
10 Aug 2022
Next filing
06 Sep 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 Award $0 +257K +19.25% $0.00 1.59M 26 Aug 2022 Direct F1
transaction PR Class A Common Stock Tax liability -$775K -109K -6.84% $7.13 1.48M 26 Aug 2022 Direct
transaction PR Class A Common Stock Disposed to Issuer -$1.05M -148K -9.99% $7.13 1.33M 26 Aug 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the vesting and cash settlement of a previously granted performance stock unit award upon the certification of the level at which the performance goals had been met by the Compensation Committee of the Issuer's Board of Directors.