Domenic J. Dell'osso Jr - May 28, 2024 Form 4 Insider Report for CHESAPEAKE ENERGY CORP (CHK)

Role: President and CEO, Director
Signature: J. David Hershberger For: DOMENIC J. DELL'OSSO, JR.
Stock symbol: CHK
Transactions as of: May 28, 2024
Transactions value $: -$3,415,093
Form type: 4
Date filed: 5/30/2024, 04:15 PM
Previous filing: May 17, 2024
Next filing: Oct 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHK	Common Stock	Options Exercise		+80.6K	+140.18%		138K	May 28, 2024	Direct	F1
transaction	CHK	Common Stock	Tax liability	-$3.22M	-35.6K	-25.74%	$90.49	103K	May 28, 2024	Direct	F2
transaction	CHK	Common Stock	Tax liability	-$198K	-2.19K	-2.13%	$90.49	100K	May 28, 2024	Direct	F3

Showing 1 to 3 of 3 entries

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	Options Exercise	$0	-44.6K	-100%	$0.00^*	0	May 28, 2024	Common Stock		$0.00	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each Performance Share Unit represented a contingent right to receive a range of zero to two shares of common stock, depending on the achievement of volume weighted average stock prices over the applicable performance period. Effective 5/28/2024, the Reporting Person was entitled to receive 80,621 shares of common stock (before tax withholding obligations).
F2	These shares were forfeited to the Issuer to satisfy tax withholding obligations in connection with the vesting of the performance share unit award.
F3	These shares were forfeited to the Issuer to satisfy tax withholding obligations in connection with the partial vesting of a previously reported restricted stock award.