0001509589-22-000011.txt : 20220124 0001509589-22-000011.hdr.sgml : 20220124 20220124173445 ACCESSION NUMBER: 0001509589-22-000011 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220121 FILED AS OF DATE: 20220124 DATE AS OF CHANGE: 20220124 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tinsley Dean CENTRAL INDEX KEY: 0001722394 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35371 FILM NUMBER: 22550502 MAIL ADDRESS: STREET 1: 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] IRS NUMBER: 611630631 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 410 17TH STREET, SUITE 1400 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 720-440-6100 MAIL ADDRESS: STREET 1: 410 17TH STREET, SUITE 1400 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: Bonanza Creek Energy, Inc. DATE OF NAME CHANGE: 20110106 4 1 edgardoc.xml PRIMARY DOCUMENT X0306 4 2022-01-21 0 0001509589 CIVITAS RESOURCES, INC. CIVI 0001722394 Tinsley Dean 410 - 17TH STREET, SUITE 1400 DENVER CO 80202 0 1 0 0 SVP, Operations Common Stock 2022-01-21 4 A 0 15832 0.0 A 53349 D Common Stock 2022-01-21 4 F 0 4691 53.67 D 48658 D In May of 2019 the reporting person was granted a performance unit award with a performance period beginning on January 1, 2019 and ending on December 31, 2021, based on the Issuer's absolute and relative total shareholder return ("TSR") and its return on capital employed ("ROCE"), as further specified in the award agreement. The actual number of shares that may vest ranges from zero to 200% of the target number of shares. On January 21, 2022, the Compensation Committee determined that there was: (1) no payout with respect to the ROCE-based performance units, and (2) a 200% payout with respect to the TSR-based performance units. Represents shares withheld to satisfy tax withholding obligations upon vesting of performance stock units. By: Roberta L. Louis, attorney-in-fact For: Dean Tinsley 2022-01-24