0001104659-24-062507.txt : 20240516
0001104659-24-062507.hdr.sgml : 20240516
20240516160522
ACCESSION NUMBER: 0001104659-24-062507
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240515
FILED AS OF DATE: 20240516
DATE AS OF CHANGE: 20240516
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Quinn William J
CENTRAL INDEX KEY: 0001377293
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37697
FILM NUMBER: 24955480
MAIL ADDRESS:
STREET 1: 125 E. JOHN CARPENTER FWY
STREET 2: SUITE 600
CITY: IRVING
STATE: TX
ZIP: 75062
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Permian Resources Corp
CENTRAL INDEX KEY: 0001658566
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 475381253
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1001 SEVENTEENTH STREET
STREET 2: SUITE 1800
CITY: DENVER
STATE: CO
ZIP: 80202
BUSINESS PHONE: 720-499-1400
MAIL ADDRESS:
STREET 1: 1001 SEVENTEENTH STREET
STREET 2: SUITE 1800
CITY: DENVER
STATE: CO
ZIP: 80202
FORMER COMPANY:
FORMER CONFORMED NAME: Centennial Resource Development, Inc.
DATE OF NAME CHANGE: 20161019
FORMER COMPANY:
FORMER CONFORMED NAME: Silver Run Acquisition Corp
DATE OF NAME CHANGE: 20151117
4
1
tm2414671-1_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-05-15
0
0001658566
Permian Resources Corp
PR
0001377293
Quinn William J
C/O PEARL ENERGY INVESTMENTS
2100 MCKINNEY AVE., SUITE 1675
DALLAS
TX
75201
1
0
1
0
0
Class C Common Stock
2024-05-15
2024-05-15
4
D
0
22500000
D
48556620
I
See footnote
Class A Common Stock
2024-05-15
2024-05-15
4
C
0
22500000
A
22500000
I
See footnote
Class A Common Stock
2024-05-15
2024-05-15
4
S
0
22500000
16.47
D
0
I
See footnote
Common Units
2024-05-15
4
C
0
22500000
D
Class A Common Stock
22500000
48556620
I
See footnote
Pursuant to the Seventh Amended and Restated Limited Liability Company Agreement of Permian Resources Operating, LLC ("PRC"), at the request of the
holder, each Common Units of PRC (together with the delivery for no consideration of an equal number of shares of Class C common stock, par value $0.0001 per share ("Class C Common Stock") of the Issuer) may be redeemed, at PRC's election, for an equal number of newly-issued shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer or for cash. The Common Units do not expire. Shares of Class C Common Stock do not
represent economic interests in the Issuer.
On May 15, 2024, Pearl Energy Investments AIV, L.P. ("Pearl AIV") exchanged 16,122,492 Common Units, Pearl Energy Investment GP, L.P. ("Pearl I GP, LP") exchanged 1,125,338 Common Units and Pearl CIII Holdings, L.P. ("Pearl CIII") exchanged 5,252,170 Common Units (each together with the delivery for no consideration of an equal number of shares of Class C Common Stock) for shares of Class A Common Stock.
On May 15, 2024, Pearl AIV, Pearl I GP, LP and Pearl CIII sold an aggregate amount of 22,500,000 shares of Class A Common Stock of the Issuer in an underwritten public offering.
This amount represents a price to the underwriters of $16.42 per share of Class A Common Stock. The underwriter may offer the shares of Class A Common Stock from time to time in one or more transactions on the NYSE, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices.
The reported amount gives effect to the transactions reported herein and corrects the number previously reported on the Form 4 filed by the Reporting Person on March 6, 2024.
The Common Units reported herein are held directly by Pearl AIV, Pearl I GP, LP and Pearl CIII. Pearl AIV is controlled by Pearl I GP, LP, its general partner. Pearl I GP, LP is controlled by Pearl Energy Investment UGP, LLC ("Pearl UGP"). Pearl CIII is controlled by Pearl Energy Investment II GP, L.P. ("Pearl II GP, LP"), its general partner. Pearl II GP, LP is controlled by Pearl Energy Investment II UGP, LLC ("Pearl II UGP," and together with all of the foregoing entities, the "Pearl Entities"). Pearl UGP and Pearl II UGP are controlled by the Reporting Person.
The Reporting Person and each of the Pearl Entities disclaim beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission of beneficial ownership of any or all of the reported securities for the purposes of Section 16 or for any other purpose.
/s/ William J. Quinn
2024-05-16