X0306 4 2022-01-12 0000077877 PDC ENERGY, INC. PDCE 0001471391 Lauck Lance 1775 SHERMAN STREET, SUITE 3000 DENVER CO 80203 1 EVP, Corp. Dev. & Strategy Common Stock 2022-01-12 4 M 0 44405 A 208292 D Common Stock 2022-01-12 4 F 0 19221 55.23 D 189071 D Performance Share Rights 2022-01-12 4 M 0 23371 D 2021-12-31 Common Stock 23371 0 D Each performance share unit/right represented a contingent right to receive 0-200% of that number in shares of PDC Energy, Inc. common stock upon achievement of specified metrics compared to certain peers, as described in the related grant agreement. Pursuant to the terms of the related grant agreement and the achievement of the predetermined objectives for the specified performance period, the insider earned 190% of the target award. Represents shares of common stock surrendered to issuer to cover tax withholding obligation of the reporting person upon settlement of performance shares/rights. /s/ Nicole L. Martinet, by power of attorney 2022-01-14