Millican Steve

SEC source: 0001415889-24-006645 · form4-03052024_090312.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 328,820

SEC source: 0001415889-24-003904 · form4-02152024_090225.xml · derivative · entry 2

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,055

Underlying: Class A Common Stock · 28,055 shares

Expires not disclosed

F2 · derivative.exercise_price: Reflects performance share units ("PSUs") granted under the Plan. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2024 and ending December 31, 2026, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

F2 · derivative.exercise_date: Reflects performance share units ("PSUs") granted under the Plan. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2024 and ending December 31, 2026, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

F2 · derivative.expiration_date: Reflects performance share units ("PSUs") granted under the Plan. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2024 and ending December 31, 2026, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

SEC source: 0001415889-24-003904 · form4-02152024_090225.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 357,916

F1 · shares: Reflects restricted stock units ("RSUs") granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan, as amended from time to time (the "Plan"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Company. The RSUs will vest in three substantially equal installments on March 1, 2025, 2026, and 2027, subject to the officer's continued employment through the applicable vesting date.

SEC source: 0001415889-23-004106 · form4-03032023_090301.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 329,861

SEC source: 0001415889-23-003453 · form4-02282023_090213.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 338,595

SEC source: 0001415889-23-002601 · form4-02152023_090243.xml · derivative · entry 5

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,625

Underlying: Class A Common Stock · 23,625 shares

Expires not disclosed

F3 · derivative.exercise_price: Reflects performance share units ("PSUs") granted under the Plan. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2023 and ending December 31, 2025, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

F3 · derivative.exercise_date: Reflects performance share units ("PSUs") granted under the Plan. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2023 and ending December 31, 2025, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

F3 · derivative.expiration_date: Reflects performance share units ("PSUs") granted under the Plan. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2023 and ending December 31, 2025, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

SEC source: 0001415889-23-002601 · form4-02152023_090243.xml · derivative · entry 4

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 43,087 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2020 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 13, 2023, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 104.66% of the target number of PSUs.

F1 · shares: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2020 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 13, 2023, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 104.66% of the target number of PSUs.

F1 · derivative.exercise_date: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2020 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 13, 2023, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 104.66% of the target number of PSUs.

F1 · derivative.expiration_date: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2020 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 13, 2023, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 104.66% of the target number of PSUs.

F1 · derivative.underlying_shares: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2020 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 13, 2023, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 104.66% of the target number of PSUs.

SEC source: 0001415889-23-002601 · form4-02152023_090243.xml · nonDerivative · entry 3

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 343,996

F2 · shares: Reflects restricted stock units ("RSUs") granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan, as amended from time to time (the "Plan"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Company. The RSUs will vest in three substantially equal installments on March 1, 2024, 2025, and 2026, subject to the officer's continued employment through the applicable vesting date.

SEC source: 0001415889-23-002601 · form4-02152023_090243.xml · nonDerivative · entry 2

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 320,371

SEC source: 0001415889-23-002601 · form4-02152023_090243.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 337,583

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2020 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 13, 2023, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 104.66% of the target number of PSUs.

F1 · price: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2020 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 13, 2023, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 104.66% of the target number of PSUs.

SEC source: 0001415889-22-004689 · form4-05052022_010559.xml · derivative · entry 4

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 23,601 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.exercise_date: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.expiration_date: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.underlying_shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

SEC source: 0001415889-22-004689 · form4-05052022_010559.xml · derivative · entry 3

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 22,401 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.exercise_date: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.expiration_date: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.underlying_shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

SEC source: 0001415889-22-004689 · form4-05052022_010559.xml · nonDerivative · entry 2

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 294,496

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · price: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

SEC source: 0001415889-22-004689 · form4-05052022_010559.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 270,895

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · price: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 18, 2022 (the "Prior Form 4"). On May 4, 2022, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

SEC source: 0001415889-22-002302 · form4-03032022_010343.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 248,494

SEC source: 0001415889-22-002022 · form4-03012022_010306.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 258,130

SEC source: 0001415889-22-001562 · form4-02182022_010215.xml · derivative · entry 6

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,601

Underlying: Class A Common Stock · 23,601 shares

Expires not disclosed

F4 · derivative.exercise_price: Reflects PRSUs granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 16, 2022 and ending February 15, 2027. The PRSUs are also subject to service-based vesting conditions and will vest in full on March 1, 2025, subject to the officer's continued employment through that date.

F4 · derivative.exercise_date: Reflects PRSUs granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 16, 2022 and ending February 15, 2027. The PRSUs are also subject to service-based vesting conditions and will vest in full on March 1, 2025, subject to the officer's continued employment through that date.

F4 · derivative.expiration_date: Reflects PRSUs granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 16, 2022 and ending February 15, 2027. The PRSUs are also subject to service-based vesting conditions and will vest in full on March 1, 2025, subject to the officer's continued employment through that date.

SEC source: 0001415889-22-001562 · form4-02182022_010215.xml · derivative · entry 5

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,401

Underlying: Class A Common Stock · 22,401 shares

Expires not disclosed

F3 · derivative.exercise_price: Reflects performance restricted stock units ("PRSUs") granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 16, 2022 and ending February 15, 2027. The PRSUs are also subject to service-based vesting conditions and will vest in three substantially equal installments on March 1, 2023, 2024, and 2025, subject to the officer's continued employment through the applicable vesting date.

F3 · derivative.exercise_date: Reflects performance restricted stock units ("PRSUs") granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 16, 2022 and ending February 15, 2027. The PRSUs are also subject to service-based vesting conditions and will vest in three substantially equal installments on March 1, 2023, 2024, and 2025, subject to the officer's continued employment through the applicable vesting date.

F3 · derivative.expiration_date: Reflects performance restricted stock units ("PRSUs") granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 16, 2022 and ending February 15, 2027. The PRSUs are also subject to service-based vesting conditions and will vest in three substantially equal installments on March 1, 2023, 2024, and 2025, subject to the officer's continued employment through the applicable vesting date.

SEC source: 0001415889-22-001562 · form4-02182022_010215.xml · derivative · entry 4

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 45,275 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2019 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 16, 2022, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 150% of the target number of PSUs.

F1 · shares: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2019 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 16, 2022, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 150% of the target number of PSUs.

F1 · derivative.exercise_date: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2019 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 16, 2022, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 150% of the target number of PSUs.

F1 · derivative.expiration_date: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2019 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 16, 2022, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 150% of the target number of PSUs.

SEC source: 0001415889-22-001562 · form4-02182022_010215.xml · nonDerivative · entry 3

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 263,531

F2 · shares: Reflects restricted stock units ("RSUs") granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan, as amended from time to time (the "Plan"). Each RSU represents a contingent right to receive one share of Class A Common Stock of the Company. The RSUs will vest in four substantially equal installments on March 1, 2023, 2024, 2025, and 2026, subject to the officer's continued employment through the applicable vesting date.

SEC source: 0001415889-22-001562 · form4-02182022_010215.xml · nonDerivative · entry 2

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 262,331

SEC source: 0001415889-22-001562 · form4-02182022_010215.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 280,404

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2019 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 16, 2022, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 150% of the target number of PSUs.

F1 · price: Reflects performance share units ("PSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 27, 2019 (the "Prior Form 4"). Each PSU, to the extent earned, represented a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"), and the officer could earn between 0% and 150% of the target number of PSUs reported on the Prior Form 4, based on the Company's relative total shareholder return performance for the specified period and subject to the officer's continued employment through the date of settlement of the PSUs. On February 16, 2022, the Compensation Committee certified that the Company's relative total shareholder return performance resulted in the officer earning 150% of the target number of PSUs.

SEC source: 0001415889-21-005051 · form4-11032021_011133.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 235,129

SEC source: 0001209191-21-030406 · doc4.xml · derivative · entry 4

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 43,268 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.exercise_date: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.expiration_date: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.underlying_shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

SEC source: 0001209191-21-030406 · doc4.xml · derivative · entry 3

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 42,068 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.exercise_date: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.expiration_date: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · derivative.underlying_shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

SEC source: 0001209191-21-030406 · doc4.xml · nonDerivative · entry 2

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 274,808

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · price: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

SEC source: 0001209191-21-030406 · doc4.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 231,540

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

F1 · price: Reflects performance restricted stock units ("PRSUs"), the grant of which was previously reported in Table II of Mr. Millican's Form 4 filed on February 22, 2021 (the "Prior Form 4"). On May 4, 2021, the Compensation Committee certified the achievement of the specified stock appreciation goal, and these PRSUs are no longer subject to performance vesting conditions; however, the target number of PRSUs reported above remains subject to the applicable service-based vesting conditions previously disclosed in the Prior Form 4.

SEC source: 0001209191-21-016993 · doc4.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 189,472

SEC source: 0001209191-21-015233 · doc4.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 193,432

F1 · shares: Relates to restricted stock units previously granted on February 25, 2020, under the Magnolia Oil & Gas Corporation Long Term Incentive Plan, as amended from time to time, that vest or have vested in three substantially equal installments on February 25, 2021, 2022, and 2023, subject to the officer's continued employment through the applicable vesting date.

SEC source: 0001209191-21-012882 · doc4.xml · derivative · entry 3

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,268

Underlying: Class A Common Stock · 43,268 shares

Expires not disclosed

F3 · derivative.exercise_price: Reflects PRSUs granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 18, 2021 and ending February 17, 2026. The PRSUs are also subject to service-based vesting conditions and will vest in full on March 1, 2024, subject to the officer's continued employment through that date.

F3 · derivative.exercise_date: Reflects PRSUs granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 18, 2021 and ending February 17, 2026. The PRSUs are also subject to service-based vesting conditions and will vest in full on March 1, 2024, subject to the officer's continued employment through that date.

F3 · derivative.expiration_date: Reflects PRSUs granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 18, 2021 and ending February 17, 2026. The PRSUs are also subject to service-based vesting conditions and will vest in full on March 1, 2024, subject to the officer's continued employment through that date.

SEC source: 0001209191-21-012882 · doc4.xml · derivative · entry 2

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,068

Underlying: Class A Common Stock · 42,068 shares

Expires not disclosed

F2 · derivative.exercise_price: Reflects performance restricted stock units ("PRSUs") granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 18, 2021 and ending February 17, 2026. The PRSUs are also subject to service-based vesting conditions and will vest in three substantially equal installments on March 1, 2022, 2023, and 2024, subject to the officer's continued employment through the applicable vesting date.

F2 · derivative.exercise_date: Reflects performance restricted stock units ("PRSUs") granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 18, 2021 and ending February 17, 2026. The PRSUs are also subject to service-based vesting conditions and will vest in three substantially equal installments on March 1, 2022, 2023, and 2024, subject to the officer's continued employment through the applicable vesting date.

F3 · derivative.exercise_date: Reflects PRSUs granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 18, 2021 and ending February 17, 2026. The PRSUs are also subject to service-based vesting conditions and will vest in full on March 1, 2024, subject to the officer's continued employment through that date.

F2 · derivative.expiration_date: Reflects performance restricted stock units ("PRSUs") granted under the Plan. Each PRSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn either 0% or 100% of the target number of PRSUs reported above, based on the achievement of the specified stock appreciation goal during the performance period commencing February 18, 2021 and ending February 17, 2026. The PRSUs are also subject to service-based vesting conditions and will vest in three substantially equal installments on March 1, 2022, 2023, and 2024, subject to the officer's continued employment through the applicable vesting date.

SEC source: 0001209191-21-012882 · doc4.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 199,213

F1 · shares: Reflects restricted stock units ("RSUs") granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan, as amended from time to time (the "Plan"). Each RSU represents a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"). The RSUs will vest in three substantially equal installments on March 1, 2022, 2023, and 2024, subject to the officer's continued employment through the applicable vesting date.

SEC source: 0001209191-20-056629 · doc4.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 198,013

SEC source: 0001209191-20-020071 · doc4.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 205,228

SEC source: 0001209191-20-016132 · doc4.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 208,428

SEC source: 0001209191-20-013528 · doc4.xml · derivative · entry 2

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,168

Underlying: Class A Common Stock · 41,168 shares

Expires not disclosed

F2 · derivative.exercise_price: Reflects performance share units ("PSUs") granted under the Plan. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2020, and ending December 31, 2022, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

F2 · derivative.exercise_date: Reflects performance share units ("PSUs") granted under the Plan. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2020, and ending December 31, 2022, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

F2 · derivative.expiration_date: Reflects performance share units ("PSUs") granted under the Plan. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2020, and ending December 31, 2022, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

SEC source: 0001209191-20-013528 · doc4.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 212,837

F1 · shares: Reflects restricted stock units ("RSUs") granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"). The RSUs will vest in three substantially equal installments on March 1, 2021, 2022 and 2023, subject to the officer's continued employment through the applicable vesting date.

SEC source: 0001209191-19-055178 · doc4.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP - Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 171,669

SEC source: 0000899243-19-005035 · doc4.xml · derivative · entry 2

Millican Steve · CIK 0001757696 · SVP- Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,183

Underlying: Class A Common Stock · 30,183 shares

Expires not disclosed

F2 · derivative.exercise_price: Reflects performance share units ("PSUs") granted under the Plan on February 25, 2019. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2019 and ending December 31, 2021, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

F2 · derivative.exercise_date: Reflects performance share units ("PSUs") granted under the Plan on February 25, 2019. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2019 and ending December 31, 2021, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

F2 · derivative.expiration_date: Reflects performance share units ("PSUs") granted under the Plan on February 25, 2019. Each PSU, to the extent earned, represents a contingent right to receive one share of Class A Common Stock of the Company, and the officer may earn between 0% and 150% of the target number of PSUs reported above, based on the Compensation Committee's certification of the relative total shareholder return of the Company measured against a peer group of companies for the performance period commencing January 1, 2019 and ending December 31, 2021, and subject to the officer's continued employment through the date of settlement of the PSUs (which will occur within 60 days following the conclusion of the performance period).

SEC source: 0000899243-19-005035 · doc4.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP- Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 176,134

F1 · shares: Reflects restricted stock units ("RSUs") granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"). On February 25, 2019, the Company granted Steve Millican an award of 30,183 RSUs (the "First Award") and an award of 8,451 RSUs (the "Second Award"). The RSUs subject to the First Award will vest in three substantially equal installments on March 1, 2020, 2021 and 2022, and the RSUs subject to the Second Award will vest in full on March 15, 2020, in each case, subject to the officer's continued employment through the applicable vesting date.

SEC source: 0000899243-18-028031 · doc4.xml · nonDerivative · entry 1

Millican Steve · CIK 0001757696 · SVP- Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 137,500

F1 · shares: Represents restricted stock units ("RSUs") granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of Class A common stock of Magnolia Oil & Gas Corporation (the "Company"). On November 1, 2018 the Company granted Mr. Millican an award of 55,000 RSUs (the "First Award") and an award of 82,500 RSUs (the "Second Award"). One-third of the RSUs subject to the First Award will vest on the first three anniversaries of the date of grant and the RSUs subject to the Second Award will vest in full on the third anniversary of the date of grant, in each case, subject to Mr. Millican's continued employment through each such vesting date.