X0306 4 2022-03-07 0000077877 PDC ENERGY, INC. PDCE 0001471391 Lauck Lance 1775 SHERMAN STREET, SUITE 3000 DENVER CO 80203 1 EVP, Corp. Dev. & Strategy Common Stock 2022-03-03 4 M 0 3365 37.18 A 194438 D Common Stock 2022-03-03 4 M 0 3365 37.18 A 197803 D Common Stock 2022-03-03 4 M 0 3366 37.18 A 201169 D Common Stock 2022-03-03 4 M 0 3365 49.57 A 204534 D Common Stock 2022-03-03 4 M 0 3365 49.57 A 207899 D Common Stock 2022-03-03 4 M 0 3366 49.57 A 211265 D Common Stock 2022-03-03 4 F 0 7516 66.59 D 203749 D Common Stock 2022-03-03 4 F 0 1132 66.59 D 202617 D Common Stock 2022-03-03 4 F 0 5573 67.36 D 197044 D Common Stock 2022-03-03 4 S 0 4523 67.44 D 192521 D Stock Appreciation Rights 37.18 2022-03-03 4 M 0 3365 0 D 2014-01-16 2023-01-15 Common Stock 3365 0 D Stock Appreciation Rights 37.18 2022-03-03 4 M 0 3365 0 D 2015-01-16 2023-01-15 Common Stock 3365 0 D Stock Appreciation Rights 37.18 2022-03-03 4 M 0 3366 0 D 2016-01-16 2023-01-15 Common Stock 3366 0 D Stock Appreciation Rights 49.57 2022-03-03 4 M 0 3365 0 D 2014-12-31 2024-01-15 Common Stock 3365 0 D Stock Appreciation Rights 49.57 2022-03-03 4 M 0 3365 0 D 2015-12-31 2024-01-15 Common Stock 3365 0 D Stock Appreciation Rights 49.57 2022-03-03 4 M 0 3366 0 D 2017-01-16 2024-01-15 Common Stock 3366 0 D Includes 7,516 shares representing the deemed exercise price for the Stock Appreciation Rights with an exercise price of $49.57 per share. Includes 1,132 shares surrendered to issuer to cover tax withholding obligations of the reporting person for the Stock Appreciation Rights with an exercise price of $49.57 per share. Includes 5,573 shares representing the deemed exercise price for the Stock Appreciation Rights with an exercise price of $37.18 per share. /s/ Nicole L. Martinet, by power of attorney 2022-03-07