Quinn William J sold PR

Footnotes

Immediately following the Merger Effective Time, the reporting person contributed all of such reporting person's common units representing limited liability company interests ("OpCo Units") in Permian Resources Operating, LLC ("OpCo") to the Registrant in exchange for newly-issued shares of Class A Common Stock, par value $0.0001 per share, of the Registrant, on a one-for-one basic (the "OpCo Unit Exchange"). Immediately prior to the Merger Effective Time, all of the shares of Class C Common Stock, par value $0.0001 per share, of the Predecessor Registrant held by the reporting person were surrendered and cancelled for no consideration.; Prior to the OpCo Unit Exchange, the reporting person had a redemption right pursuant to the Seventh Amended and Restated Limited Liability Company Agreement of OpCo, pursuant to which each OpCo Unit held by the reporting person could be exchanged at such reporting person's election for a newly-issued share of Class A Common Stock, par value $0.0001 per share, of the Predecessor Registrant (along with the cancellation of the corresponding share of Class C Common Stock, par value $0.0001 per share, of the Predecessor Registrant). The OpCo Units did not have an expiration date.; Includes 2,047,082 OpCo Units distributed by Pearl Energy Investments II GP, L.P. in connection with the distribution to its limited partners pro rata.; Securities held directly by Mail Holdings, L.P. which is controlled by the reporting person. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission of beneficial ownership of any or all of the reported securities for the purposes of Section 16 or for any other purpose.