0001509589-23-000024.txt : 20230223
0001509589-23-000024.hdr.sgml : 20230223
20230223201655
ACCESSION NUMBER: 0001509589-23-000024
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230222
FILED AS OF DATE: 20230223
DATE AS OF CHANGE: 20230223
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Garbiso Sandra
CENTRAL INDEX KEY: 0001722393
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35371
FILM NUMBER: 23661909
MAIL ADDRESS:
STREET 1: 410 - 17TH STREET, SUITE 1400
CITY: DENVER
STATE: CO
ZIP: 80202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CIVITAS RESOURCES, INC.
CENTRAL INDEX KEY: 0001509589
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 611630631
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 555 - 17TH STREET, SUITE 3700
CITY: DENVER
STATE: CO
ZIP: 80202
BUSINESS PHONE: 303-293-9100
MAIL ADDRESS:
STREET 1: 555 - 17TH STREET, SUITE 3700
CITY: DENVER
STATE: CO
ZIP: 80202
FORMER COMPANY:
FORMER CONFORMED NAME: Bonanza Creek Energy, Inc.
DATE OF NAME CHANGE: 20110106
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2023-02-22
0
0001509589
CIVITAS RESOURCES, INC.
CIVI
0001722393
Garbiso Sandra
555 - 17TH STREET, SUITE 3700
DENVER
CO
80202
0
1
0
0
CAO and Treasurer
Common Stock
2023-02-22
4
A
0
15069
0.0
A
43067
D
Common Stock
2023-02-22
4
F
0
6656
61.83
D
36411
D
Common Stock
2023-02-23
4
F
0
752
62.05
D
35659
D
In June of 2020 the reporting person was granted a performance unit award with a performance period beginning on January 1, 2020 and ending on December 31, 2022, based on the Issuer's absolute and relative total shareholder return ("TSR") and its return on capital employed ("ROCE"), as further specified in the award agreement. The actual number of shares that may vest ranges from zero to 200% of the target number of shares. On February 22, 2023, the Compensation Committee determined that there was: (1) a 200% payout with respect to the TSR-based performance units, and (2) a 92% payout with respect to the ROCE-based performance units.
Represents shares withheld to satisfy tax withholding obligations upon vesting of the performance stock units.
Represents shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.
By: Roberta L. Louis, attorney-in-fact For: Sandra Garbiso
2023-02-23