Domenic J. Dell'Osso Jr. - 15 Mar 2023 Form 4 Insider Report for CHESAPEAKE ENERGY CORP (EXE)

Role: President and CEO, Director
Signature: J. David Hershberger For: DOMENIC J. DELL'OSSO, JR.
Issuer symbol: EXE
Transactions as of: 15 Mar 2023
Net transactions value: -$163,170
Form type: 4
Filing time: 16 Mar 2023, 18:35:08 UTC
Previous filing: 12 Oct 2022
Next filing: 15 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHK	Common Stock	Tax liability	$163,170	-2,277	-6.8%	$71.66	31,117	15 Mar 2023	Direct	F1
transaction	CHK	Common Stock	Award	$0	+16,720	+54%	$0.000000	47,837	15 Mar 2023	Direct

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	CHK	Performance Share Unit	Award	$0	+50,160		$0.000000	50,160	15 Mar 2023	Common Stock	50,160		Direct	F2

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

Explanation of Responses:

Id	Content
F1	These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the partial vesting of a previously disclosed restricted stock award.
F2	Each performance share unit represents a contingent right to receive from zero to two shares of Chesapeake common stock, depending on the achievement of volume weighted average stock prices over a three-year performance period.