Charles M. Sledge - Jul 14, 2021 Form 4 Insider Report for VINE ENERGY INC. (VEI)

Role: Director
Signature: /s/ Jonathan C. Curth, as Attorney-in-Fact for Charles M. Sledge
Stock symbol: VEI
Transactions as of: Jul 14, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/14/2021, 05:14 PM
Previous filing: Jun 8, 2021
Next filing: Nov 3, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VEI	Restricted Stock Units	Award	$0	+28.6K		$0.00	28.6K	Jul 14, 2021	Class A Common Stock	28.6K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents the contingent right to receive one share of Class A common stock, $0.01 par value per share, of Vine Energy Inc. (the "Company") or an amount in cash or other consideration determined by the requisite committee of the board of directors of the Company to be of equal value as of the settlement date.
F2	The RSUs were granted under the Vine Energy Inc. 2021 Long-Term Incentive Plan. 9,523 RSUs vest on the first anniversary of March 17, 2021 (the "Vesting Commencement Date"), 9,524 RSUs vest on the second anniversary of the Vesting Commencement Date and 9,524 RSUs vest on the third anniversary of the Vesting Commencement Date, so long as the reporting person remains a member of the board of directors of the Company through the applicable vesting date.

Content

Each restricted stock unit ("RSU") represents the contingent right to receive one share of Class A common stock, $0.01 par value per share, of Vine Energy Inc. (the "Company") or an amount in cash or other consideration determined by the requisite committee of the board of directors of the Company to be of equal value as of the settlement date.

The RSUs were granted under the Vine Energy Inc. 2021 Long-Term Incentive Plan. 9,523 RSUs vest on the first anniversary of March 17, 2021 (the "Vesting Commencement Date"), 9,524 RSUs vest on the second anniversary of the Vesting Commencement Date and 9,524 RSUs vest on the third anniversary of the Vesting Commencement Date, so long as the reporting person remains a member of the board of directors of the Company through the applicable vesting date.