X0306 4 2016-12-07 0 0000077877 PDC ENERGY, INC. PDCE 0001374254 Amidon Daniel Willson 1775 SHERMAN STREET, SUITE 3000 DENVER CO 80203 0 1 0 0 Sr. VP, General Counsel & Sec. Common Stock 2016-12-07 4 S 0 4000 78.27 D 60521 D The price represented in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.25 to $78.35, inclusive. The reporting person undertakes to provide to PDC Energy, Inc., any security holder of PDC Energy, Inc., 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 range set forth in this footnote. /s/Daniel Willson Amidon 2016-12-08