Interim CFO & CAO Weimer Kimberly was granted 42,955 shares, increasing direct ownership by 139% to 73,940 units (SEC Form 4)
$GRNT
Oil & Gas Production
Energy
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Granite Ridge Resources, Inc. [ GRNT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 06/12/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock, par value $0.0001 per share | 06/12/2025 | A | 42,955(1) | A | $0 | 73,940 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Performance Stock Unit | (2) | 06/12/2025(3) | A | 42,955 | (3) | 12/31/2032 | Common Stock, par value $0.0001 per share | 42,955 | $0 | 42,955 | D | ||||
| Performance Stock Unit | (2) | 06/12/2025(4) | A | 42,955 | (4) | 12/31/2032 | Common Stock, par value $0.0001 per share | 42,955 | $0 | 85,910 | D | ||||
| Performance Stock Unit | (2) | 06/12/2025(5) | A | 42,956 | (5) | 12/31/2032 | Common Stock, par value $0.0001 per share | 42,956 | $0 | 128,866 | D | ||||
| Explanation of Responses: |
| 1. Represents a restricted stock award, granted under the Granite Ridge Resources, Inc. 2022 Omnibus Incentive Plan, which vests in full on June 12, 2030. |
| 2. Each performance stock unit represents a contingent right to receive one share of the Company's Common Stock. |
| 3. Represents grant of performance stock unit under the Company's 2022 Omnibus Incentive Plan. The award is eligible to vest and convert to one share of the Company's Common Stock for each performance stock unit following the 20th consecutive trading day of the Company's Common Stock closing at a price at or above $7.00 per share. |
| 4. Represents grant of performance stock unit under the Company's 2022 Omnibus Incentive Plan. The award is eligible to vest and convert to one share of the Company's Common Stock for each performance stock unit following the 20th consecutive trading day of the Company's Common Stock closing at a price at or above $8.50 per share. |
| 5. Represents grant of performance stock unit under the Company's 2022 Omnibus Incentive Plan. The award is eligible to vest and convert to one share of the Company's Common Stock for each performance stock unit following the 20th consecutive trading day of the Company's Common Stock closing at a price at or above $10.00 per share. |
| Remarks: |
| /s/ Emily Fuquay, by power of attorney for Kimberly Weimer | 06/16/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||