4//SEC Filing
Garrison Matthew R. 4
Accession 0001658566-23-000069
CIK 0001658566other
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 6:45 PM ET
Size
7.6 KB
Accession
0001658566-23-000069
Insider Transaction Report
Form 4
Garrison Matthew R.
VP, Chief Operating Officer
Transactions
- Award
Class A Common Stock
2023-07-25$11.37/sh+769,600$8,750,352→ 1,818,510 total - Sale
Class A Common Stock
2023-07-26$11.23/sh−330,059$3,705,902→ 1,488,451 total
Footnotes (3)
- [F1]On July 28, 2020, the reporting person was granted an award of performance restricted stock units ("PSUs"), which vest in the form of common stock if certain pre-established performance goals underlying the award are met over the course of a three-year period. On July 25, 2023, the Compensation Committee of the Issuer's Board of Directors certified the level at which the performance goals had been met, resulting in the vesting of these shares.
- [F2]Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the PSUs. The sales were effected through a mandatory "sell to cover" transaction that did not represent a discretionary trade by the reporting person.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.115 to $11.385. The reporting person undertakes to provide Permian Resources Corporation (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 purchased at each separate price within the range set forth in this footnote.
Documents
Issuer
Permian Resources Corp
CIK 0001658566
Entity typeother
Related Parties
1- filerCIK 0001808679
Filing Metadata
- Form type
- 4
- Filed
- Jul 26, 8:00 PM ET
- Accepted
- Jul 27, 6:45 PM ET
- Size
- 7.6 KB