X0303 4 2011-06-21 0 0001040593 CARRIZO OIL & GAS INC CRZO 0001044584 JOHNSON S P IV 1000 LOUISIANA STREET SUITE 1500 HOUSTON TX 77002 1 1 0 0 President and CEO Common Stock 2011-06-21 4 S 0 2505 36.45 D 614632 D Common Stock 2011-06-22 4 S 0 700 37.3807 D 613932 D Common Stock 2011-06-22 4 S 0 3300 38.2679 D 610632 D The sales reported in this Form 4 were effected to satisfy the reporting person's income tax obligations with respect to the vesting of equity awards. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 28, 2010. The price reported in Column 4 is a weighted average price. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4. These shares were sold in multiple transactions at prices ranging from $36.81 to $37.78, inclusive. These shares were sold in multiple transactions at prices ranging from $38.01 to $38.48, inclusive. /s/Paul F. Boling, attorney-in-fact 2011-06-23