Russell T JR Kelley - 02 Feb 2023 Form 4 Insider Report for Ranger Oil Corp (ROCC)

Role
SVP, CFO and Treasurer
Signature
/s/ Katherine Ryan, Attorney-in-Fact
Issuer symbol
ROCC
Transactions as of
02 Feb 2023
Net transactions value
-$599,577
Form type
4
Filing time
03 Feb 2023, 13:53:23 UTC
Previous filing
22 Mar 2022
Next filing
21 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROCC Class A Common Stock Award $0 +46,765 +145% $0.000000 79,046 02 Feb 2023 Direct F1
transaction ROCC Class A Common Stock Tax liability $599,577 -14,830 -19% $40.43 64,216 02 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 12/20/2019, the reporting person was granted 15,066 performance-based restricted stock units and on 03/19/2020, the reporting person was granted 35,765 performance-based restricted stock units. Both awards had a performance period beginning on January 1, 2020 and ending December 31, 2022 and vest from 0 to 200% based on the issuer's relative total share return relative to a peer group of companies. The Compensation & Benefits Committee determined that the performance factor was 92% and the awards settled on 02/02/2023.
F2 Represents shares withhold to satisfy tax withholding obligations upon vesting of performance-based restricted stock units.