Form 4 for PR Permian Resources Corp

Accepted 2023-07-27 00:00:00 ET · period of report 2023-07-25 · accession 0001658566-23-000069 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2023-07-27	2023-07-26	PR	Garrison Matthew R.	EVP, COO	S - Sale	$11.23	-330.1K	1.49M	-18%	-$3.71M
	2023-07-27	2023-07-25	PR	Garrison Matthew R.	EVP, COO	A - Grant	$11.37	+769.6K	1.82M	+73%	+$8.75M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2023-07-26	S	D	330,059	$11.23	1,488,451	D	—	—	(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.
2	Common	Class A Common Stock	2023-07-25	A	A	769,600	$11.37	1,818,510	D	—	—	(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.