Helmerich Hans Form 4 Coterra Energy / HANS HELMERICH ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

HELMERICH HANS

(Last) (First) (Middle)

840 GESSNER ROAD, SUITE 1400

(Street)

HOUSTON TX 77024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Coterra Energy Inc. [ CTRA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2021		A		230,756	A	(1)	230,756	I	Trustee, 1993 Hans Helmerich Trust
Common Stock	10/01/2021		A		45,968	A	(2)	45,968(3)	I	By Wife
Common Stock	10/01/2021		A		44,410	A	(4)	44,410	I	Co-Manager of Helmerich Grandchildren LLC
Common Stock	10/01/2021		A		31,575	A	(5)	31,575	I	Trustee of Family Trust
Common Stock	10/01/2021		A		146,252	A	(6)	146,252	I	Co-Trustee of The Helmerich Trust (fka Co-Trustee of The Helmerich Foundation)
Common Stock	10/01/2021		A		1,304,745	A	(7)	1,304,745	I	Peggy Helmerich QTIP Trust (fka Trustee of Estate of W.H. Helmerich III)
Common Stock	10/01/2021		A		40,146	A	(8)	40,146	I	Saddleridge, LLC
Common Stock	10/01/2021		A		55,201	A	(9)	55,201	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Received in exchange for 57,479 shares of Cimarex Energy Co. common stock. This exchange was completed in connection with the merger of Cimarex Energy Co. ("Cimarex") with Double C Merger Sub, a Delaware corporation ("Merger Sub") and a wholly owned subsidiary of Coterra Energy Inc. ("Coterra," formerly known as Cabot Oil & Gas Corporation) (such merger, the "Merger"). Pursuant to the Agreement and Plan of Merger, dated as of May 23, 2021 by and among Coterra, Merger Sub and Cimarex (as amended on June 29, 2021, the "Merger Agreement"), subject to certain exceptions, outstanding shares of Cimarex common stock were converted into the right to receive 4.0146 shares of Coterra common stock.

2. Received in exchange for 11,450 shares of Cimarex common stock. This exchange was completed in connection with the Merger pursuant to the Merger Agreement, pursuant to which, subject to certain exceptions, outstanding shares of Cimarex common stock were converted into the right to receive 4.0146 shares of Coterra common stock.

3. Mr. Helmerich disclaims beneficial ownership of these shares.

4. Received in exchange for 11,062 shares of Cimarex common stock. This exchange was completed in connection with the Merger pursuant to the Merger Agreement, pursuant to which, subject to certain exceptions, outstanding shares of Cimarex common stock were converted into the right to receive 4.0146 shares of Coterra common stock.

5. Received in exchange for 7,865 shares of Cimarex common stock. This exchange was completed in connection with the Merger pursuant to the Merger Agreement, pursuant to which, subject to certain exceptions, outstanding shares of Cimarex common stock were converted into the right to receive 4.0146 shares of Coterra common stock.

6. Received in exchange for 36,430 shares of Cimarex common stock. This exchange was completed in connection with the Merger pursuant to the Merger Agreement, pursuant to which, subject to certain exceptions, outstanding shares of Cimarex common stock were converted into the right to receive 4.0146 shares of Coterra common stock.

7. Received in exchange for 325,000 shares of Cimarex common stock. This exchange was completed in connection with the Merger pursuant to the Merger Agreement, pursuant to which, subject to certain exceptions, outstanding shares of Cimarex common stock were converted into the right to receive 4.0146 shares of Coterra common stock.

8. Received in exchange for 10,000 shares of Cimarex common stock. This exchange was completed in connection with the Merger pursuant to the Merger Agreement, pursuant to which, subject to certain exceptions, outstanding shares of Cimarex common stock were converted into the right to receive 4.0146 shares of Coterra common stock.

9. Received in exchange for 13,750 shares of Cimarex common stock. This exchange was completed in connection with the Merger pursuant to the Merger Agreement, pursuant to which, subject to certain exceptions, outstanding shares of Cimarex common stock (including shares that were previously held by the reporting person pursuant to an equity-based award that became fully vested in connection with the Merger) were converted into the right to receive 4.0146 shares of Coterra common stock.

	/s/ Deidre L. Shearer and Francis B. Barron, Attorneys-in-Fact for Hans Helmerich	10/05/2021
	** Signature of Reporting Person	Date
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