0001104659-24-031590.txt : 20240306
0001104659-24-031590.hdr.sgml : 20240306
20240306190053
ACCESSION NUMBER: 0001104659-24-031590
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240304
FILED AS OF DATE: 20240306
DATE AS OF CHANGE: 20240306
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Quinn William J
CENTRAL INDEX KEY: 0001377293
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37697
FILM NUMBER: 24727656
MAIL ADDRESS:
STREET 1: 125 E. JOHN CARPENTER FWY
STREET 2: SUITE 600
CITY: IRVING
STATE: TX
ZIP: 75062
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Permian Resources Corp
CENTRAL INDEX KEY: 0001658566
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 475381253
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1001 SEVENTEENTH STREET
STREET 2: SUITE 1800
CITY: DENVER
STATE: CO
ZIP: 80202
BUSINESS PHONE: 720-499-1400
MAIL ADDRESS:
STREET 1: 1001 SEVENTEENTH STREET
STREET 2: SUITE 1800
CITY: DENVER
STATE: CO
ZIP: 80202
FORMER COMPANY:
FORMER CONFORMED NAME: Centennial Resource Development, Inc.
DATE OF NAME CHANGE: 20161019
FORMER COMPANY:
FORMER CONFORMED NAME: Silver Run Acquisition Corp
DATE OF NAME CHANGE: 20151117
4
1
tm248130-1_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-03-04
0
0001658566
Permian Resources Corp
PR
0001377293
Quinn William J
C/O PEARL ENERGY INVESTMENTS
2100 MCKINNEY AVE., SUITE 1675
DALLAS
TX
75201
1
0
1
0
0
Class A Common Stock
2024-03-04
2024-03-04
4
C
0
18076849
D
18076849
I
See footnote
Class C Common Stock
2024-03-04
2024-03-04
4
D
0
18076849
D
71056620
I
See footnote
Class A Common Stock
2024-03-04
2024-03-04
4
S
0
18076849
15.71
D
71056620
I
See footnote
Common Units
2024-03-04
4
C
0
18076849
D
Class A Common Stock
18076849
71056620
I
See footnote
Pursuant to the Seventh Amended and Restated Limited Liability Company Agreement of Permian Resources Operating, LLC ("PRC"), at the request of the holder, each Common Units of PRC (together with the delivery for no consideration of an equal number of shares of Class C common stock, par value $0.0001 per share ("Class C common stock") of the Issuer) may be redeemed, at PRC's election, for an equal number of newly-issued shares of Class A common stock, par value $0.0001 per share ("Class A common stock"), of the Issuer or for cash. The Common Units do not expire. Shares of Class C Common Stock do not represent economic interests in the Issuer.
On March 4, 2024, Pearl Energy Investments AIV, L.P. ("Pearl AIV") exchanged 10,531,493 Common Units, Pearl Energy Investment GP, L.P. ("Pearl GP") exchanged 3,434,523 Common Units and Pearl CIII Holdings, L.P. ("Pearl CIII") exchanged 4,110,833 Common Units (each together with the delivery for no consideration of an equal number of shares of Class C common stock) for shares of Class A common stock.
On March 4, 2024, Pearl AIV, Pearl GP and Pearl CIII sold an aggregate amount of 18,076,849 shares of Class A common stock of the Issuer in an underwritten public offering.
This amount represents a price to the underwriter of $15.71 per share of Class A Common Stock. The underwriter may offer the shares of Class A Common Stock from time to time in one or more transactions on the NYSE, in the over-the-counter market or through negotiated transactions at market prices or at negotiated prices.
The Common Units reported herein are held directly by Pearl AIV, Pearl GP and Pearl CIII. Pearl AIV is controlled by Pearl GP, its general partner. Pearl GP is controlled by Pearl Energy Investment UGP, LLC ("Pearl UGP"). Pearl CIII is controlled by Pearl Energy Investment II GP, L.P., its general partner ("Pearl II GP"). Pearl II GP is controlled by Pearl Energy Investment II UGP, LLC ("Pearl II UGP"). Pearl UGP and Pearl II UGP are controlled by the reporting person.
Each of the Reporting Persons disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 or for any other purpose.
/s/ William J. Quinn
2024-03-06