Centennial Resource Development (CDEV) executive Smith received 102,236 shares
Insider transactions reported
Sean R. Smith (executive at Centennial Resource Development Inc., CDEV) reported that they received 102,236 shares, and gave up 44,882 shares at $7.29 to cover taxes or an exercise price on Aug 12, 2022. After these transactions the filing shows 3,284,553 shares held directly.
- Reporting person
- Smith Sean R.
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Aug 12, 2022 | Grant or award (A) | Class A Common Stock1 | +102,236 | - | - | 3,329,435 direct |
| Aug 12, 2022 | Shares withheld for taxes or exercise price (F) | Class A Common Stock | -44,882 | $7.29 | $327K | 3,284,553 direct |
Holdings before and after
- Class A Common Stock: 3,227,199 to 3,284,553 direct
Footnotes from the filing
- 1. On July 30, 2019, the reporting person was granted an award of performance restricted stock units, which vest in the form of common stock if certain pre-established performance goals underlying the award are met over the course of a three-year period. On August 12, 2022, the Compensation Committee of the Issuer's Board of Directors certified the level at which the performance goals had been met, resulting in the vesting of these shares.
Transaction codes in this filing
- Grant or award:
- Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
- 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.
FAQ
What did Smith report in this CDEV Form 4?
Sean R. Smith (executive at Centennial Resource Development Inc., CDEV) reported that they received 102,236 shares, and gave up 44,882 shares at $7.29 to cover taxes or an exercise price on Aug 12, 2022. After these transactions the filing shows 3,284,553 shares held directly.
How many CDEV shares does Smith hold after this filing?
The filing shows 3,284,553 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code A mean on an SEC Form 4?
Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
Historical context for CDEV
Earlier insider filings at CDEV
- Aug 16, 2022SEC Form 4: O'Connor Davis O was granted 56,065 shares and covered exercise/tax liability with 24,613 shares, increasing direct ownership by 2% to 1,556,081 units
- Aug 10, 2022SEC Form 4: Garrison Matthew R. sold $752,013 worth of shares (115,762 units at $6.50), decreasing direct ownership by 8% to 1,332,553 units
- Aug 3, 2022SEC Form 4: Glyphis George S. covered exercise/tax liability with 41,428 shares, decreasing direct ownership by 2% to 2,352,783 units
- Aug 3, 2022SEC Form 4: O'Connor Davis O covered exercise/tax liability with 28,172 shares, decreasing direct ownership by 2% to 1,524,629 units
- Aug 3, 2022SEC Form 4: Jensen Brent P covered exercise/tax liability with 21,543 shares, decreasing direct ownership by 2% to 999,090 units
- Market cap
- 30-day
- Sector
- Energy
- Industry
- Oil & Gas Production
- Listed since
- 2016
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