0001104659-24-026140.txt : 20240221 0001104659-24-026140.hdr.sgml : 20240221 20240221182657 ACCESSION NUMBER: 0001104659-24-026140 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240219 FILED AS OF DATE: 20240221 DATE AS OF CHANGE: 20240221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Foschi Marianella CENTRAL INDEX KEY: 0001787341 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35371 FILM NUMBER: 24661584 MAIL ADDRESS: STREET 1: CIVITAS RESOURCES, INC. STREET 2: 410 - 17TH STREET, SUITE 1400 CITY: DENVER STATE: CO ZIP: 80202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CIVITAS RESOURCES, INC. CENTRAL INDEX KEY: 0001509589 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 611630631 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 555 - 17TH STREET, SUITE 3700 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-293-9100 MAIL ADDRESS: STREET 1: 555 - 17TH STREET, SUITE 3700 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: Bonanza Creek Energy, Inc. DATE OF NAME CHANGE: 20110106 4 1 tm246836-6_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2024-02-19 0 0001509589 CIVITAS RESOURCES, INC. CIVI 0001787341 Foschi Marianella 555 - 17TH STREET, SUITE 3700 DENVER CO 80202 0 1 0 0 CFO & Treasurer 0 Common Stock 2024-02-19 4 A 0 11337 0.0 A 40295 D Common Stock 2024-02-19 4 A 0 99074 0.0 A 139369 D Common Stock 2024-02-19 4 F 0 39382 63.09 D 99987 D Performance Share Units 2024-02-19 4 A 0 26452 0.0 A 2026-12-31 Common Stock 26452 26452 D The restricted stock units are scheduled to vest in three equal installments on February 19, 2025, February 19, 2026, and February 19, 2027. In January 2021, the reporting person was granted a performance unit award with a performance period beginning on January 20, 2021 and ending on January 20, 2024, based on the Issuer's absolute total stockholder return ("TSR") as further specified in the award agreement. The actual number of shares that could be earned and vest ranged from zero to 200% of the target number of shares. On February 19, 2024, the Compensation Committee determined that there was a payout with respect to TSR-based performance units. Represents shares withheld to satisfy tax withholding obligations upon vesting of performance stock units. The number of performance stock units that could be earned and vest under this grant depend on the Issuer's absolute total shareholder return over the performance period beginning on January 1, 2024 and ending on December 31, 2026. The actual number of shares that may vest ranges from zero to 225% of the target number of shares. By: Rosemary Morice, Attorney-in-Fact For: Marianella Foschi 2024-02-21