12/04/2025 | Press release | Distributed by Public on 12/04/2025 16:29
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FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |||
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1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Restricted Stock Units | (1) | (1) | Common stock | 29,751 | $0(2) | D | |
| Restricted Stock Units | (3) | (3) | Common stock | 85,550 | $0(2) | D | |
| Restricted Stock Units | (4) | (4) | Common stock | 65,818 | $0(2) | D | |
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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SULLIVAN BENJAMIN C/O DIVERSIFIED ENERGY COMPANY 1600 CORPORATE DRIVE BIRMINGHAM, AL 35242 |
Sr EVP, Chief Legal Officer | |||
| /s/ Benjamin Sullivan | 12/04/2025 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | On March 21, 2023, the Reporting Person was granted 20,834 restricted stock units vesting on March 31, 2026. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on the Issuer's common stock. The number of derivative securities in column 3 includes 8,917 dividend equivalent units. |
| (2) | Restricted stock units convert into shares of common stock on a one-for-one basis. |
| (3) | On March 25, 2024, the Reporting Person was granted 70,565 restricted stock units vesting on March 31, 2027. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on the Issuer's common stock. The number of derivative securities in column 3 includes 14,985 dividend equivalent units. |
| (4) | On April 10, 2025, the Reporting Person was granted 61,991 restricted stock units vesting on March 31, 2028, subject to the Reporting Person's continued employment. Dividend equivalent rights accrue with respect to these restricted stock units when and as dividends are paid on the Issuer's common stock. The number of derivative securities in column 3 includes 3,827 dividend equivalent units. |
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Remarks: Exhibit 24 - Power of Attorney |
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