Vital Energy (VTLE) CFO Lemmerman acquired 10,521 shares at $28.76

Insider transactions reported

Bryan Lemmerman (EVP & CFO at Vital Energy Inc., VTLE) reported that they acquired 10,521 shares at $28.76, and gave up 12,918 shares at $28.76 to cover taxes or an exercise price on Feb 21, 2025. After these transactions the filing shows 107,556 shares held directly.

Reporting person

Lemmerman Bryan

Role

EVP & CFO

Options and other derivatives

Holdings before and after

• Common Stock: 109,953 to 107,556 direct
• Performance Units: 12,830 to 0 direct

Footnotes from the filing

1. 1. These performance units are granted under the Issuer's Omnibus Equity Incentive Plan and were originally reported on a From 4 filed by the Issuer on February 24, 2022. The performance units became payable in common stock based upon (i) the Issuer's total shareholder return measured against an industry peer group, (ii) on an absolute share return basis, (iii) earnings before interest, taxes, depreciation, amortization and exploration expense divided by three-year total debt reduction, (iv) growth in inventory and (v) emissions reduction over a three-year performance period ending December 31, 2024. Based on the actual performance criteria satisfied, the performance unit multiplier was 82%.
2. 2. Represents shares of common stock withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with the vesting of a portion of restricted shares and performance share units previously granted to the Reporting Person under the Issuer's Omnibus Equity Incentive Plan.

Transaction codes in this filing

Exercise or conversion of a derivative:

Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

Shares withheld for taxes or exercise price:

Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

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