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Filing Details

Accession Number:: 0001104659-22-030163
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-03-03 19:02:26
Reporting Period:: 2022-03-01

Accepted Time:: 2022-03-03 19:02:26
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1658566	Centennial Resource Development Inc.	CDEV	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1247497	Riverstone Holdings Llc	712 Fifth Avenue 36Th Floor New York NY 10019	Yes	No	Yes	No
1692648	Riverstone Vi Centennial Qb Holdings, L.p.	C/O Riverstone Holdings 712 Fifth Avenue, 36Th Floor New York NY 10019	Yes	No	Yes	No
1692660	Rel Us Centennial Holdings, Llc	C/O Riverstone Holdings 712 Fifth Avenue 36Th Floor New York NY 10019	Yes	No	Yes	No
1692835	Rel Ip General Partner Lp	C/O Riverstone Holdings 712 Fifth Avenue 36Th Floor New York NY 10019	Yes	No	Yes	No
1692862	Ltd Partner General Ip Rel	C/O Riverstone Holdings 712 Fifth Avenue, 36Th Floor New York NY 10019	Yes	No	Yes	No
1693263	Ltd. (Cayman) Ii Holdings Riverstone	C/O Riverstone Holdings 712 Fifth Avenue, 36Th Floor New York NY 10019	Yes	No	Yes	No
1693264	Riverstone Energy Ltd Investment Holdings, Lp	C/O Riverstone Holdings 712 Fifth Avenue, 36Th Floor New York NY 10019	Yes	No	Yes	No
1705948	Riverstone Management Group, L.l.c.	C/O Riverstone Holdings 712 Fifth Avenue, 36Th Floor New York NY 10019	Yes	No	Yes	No
1706129	Riverstone/Gower Mgmt Co Holdings, L.p.	C/O Riverstone Holdings 712 Fifth Avenue, 36Th Floor New York NY 10019	Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2022-03-01	2,425,000	$8.76	85,505,565	No	4	S	Indirect	See footnotes
Class A Common Stock	Disposition	2022-03-02	2,650,191	$8.70	82,855,374	No	4	S	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnotes
No	4	S	Indirect	See footnotes

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.60 to $9.005. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Following the transactions reported herein, includes 14,303,811 shares held of record by REL US Centennial Holdings, LLC ("REL US"), 58,461,590 shares held of record by Riverstone VI Centennial QB Holdings, L.P. ("Riverstone QB Holdings"), 5,876,696 shares held of record by Riverstone Non-ECI USRPI AIV, L.P. ("Riverstone Non-ECI"), 2,855,052 shares held of record by Silver Run Sponsor, LLC ("Silver Run Sponsor") and 1,358,225 shares held of record by David M. Leuschen.
David M. Leuschen and Pierre F. Lapeyre, Jr. are the managing directors of Riverstone Management Group, L.L.C. ("Riverstone Management"), which is the general partner of Riverstone/Gower Mgmt Co Holdings, L.P. ("Riverstone/Gower"), which is the sole member of Riverstone Holdings LLC ("Holdings") and the sole shareholder of Riverstone Holdings II (Cayman) Ltd. ("Holdings II").
Holdings is the sole shareholder of Riverstone Energy GP VI Corp., which is the managing member of Riverstone Energy GP VI, LLC, which is the general partner of Riverstone Energy Partners VI, L.P., which is the general partner Riverstone QB Holdings. As such, each of Messrs. Leuschen and Lapeyre, Riverstone Management, Riverstone/Gower, Holdings, Riverstone Energy GP VI Corp, Riverstone Energy GP VI, LLC and Riverstone Energy Partners VI, L.P. may be deemed to share beneficial ownership of the securities held of record by Riverstone QB Holdings. Each such entity or person disclaims any such beneficial ownership of such securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Holdings is also the managing member of Silver Run Sponsor Manager, LLC, which is the managing member of Silver Run Sponsor. As such, each of Messrs. Leuschen and Lapeyre, Riverstone Management, Riverstone/Gower, Holdings and Silver Run Sponsor Manager, LLC may be deemed to share beneficial ownership of the securities held of record by Silver Run Sponsor. Each such person or entity disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Holdings II is the general partner of Riverstone Energy Limited Investment Holdings, LP, which is the sole shareholder of REL IP General Partner Limited, which is the general partner of REL IP General Partner LP, which is the managing member of REL US. Each of Messrs. Leuschen and Lapeyre, Riverstone Management, Riverstone/Gower, Holdings II, Riverstone Energy Limited Investment Holdings, LP, REL IP General Partner Limited and REL IP General Partner LP may be deemed to share beneficial ownership of the securities held of record by REL US. Each such person or entity disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Riverstone Non-ECI GP Ltd. is the sole member of Riverstone Non-ECI Cayman GP LLC, which is the general partner of Riverstone Non-ECI Partners GP (Cayman), L.P., which is the sole member of Riverstone Non-ECI USRPI AIV GP, L.L.C., which is the general partner of Riverstone Non-ECI. Riverstone Non-ECI GP Ltd. is managed by Mr. Leuschen and Mr. Lapeyre. As such, each of Messrs. Leuschen and Lapeyre, Riverstone Non-ECI GP Ltd., Riverstone Non-ECI Cayman GP LLC, Riverstone Non-ECI Partners GP (Cayman), L.P., and Riverstone Non-ECI USRPI AIV GP, L.L.C. may be deemed to share beneficial ownership of the securities held of record by Riverstone Non-ECI. Each such person or entity disclaims beneficial ownership of these securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that any such person or entity is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.60 to $9.005. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.