Jane Elizabeth Hamm Lerum - Feb 10, 2022 Form 4 Insider Report for CONTINENTAL RESOURCES, INC (CLR)

Signature
/s/ Debra Richards, Attorney-in-Fact
Stock symbol
CLR
Transactions as of
Feb 10, 2022
Transactions value $
$0
Form type
4
Date filed
2/25/2022, 04:51 PM
Previous filing
Feb 17, 2022
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLR Common Stock Other -13.9M -32.7% 28.6M Feb 10, 2022 Held through Trust F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The disposition of securities reported on this Form 4 is the same transaction as, and is not in addition to, the disposition of securities in the note repayment transaction that was reported on the Form 4 for the 2015 Jane Hamm Lerum Trust II filed on February 14, 2022. The Reporting Person is co-trustee and beneficiary of such trust, and this Form 4 is being filed to fulfill the Reporting Person's reporting obligation in such capacity.
F2 Shares were conveyed to the Harold G. Hamm Trust in repayment of a note having an original principal amount of $700 million, plus accrued interest thereon, that was issued by the 2015 Jane Hamm Lerum Trust II in 2015 in exchange for units in the Harold Hamm Family LLC.
F3 Securities held in trusts for which the Reporting Person serves as co-trustee. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed to be an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
F4 Includes (i) 5,507,764 shares held by the 2015 Jane Hamm Lerum Trust I and (ii) 23,127,669 shares held by the 2015 Jane Hamm Lerum Trust II, which, together with the Reporting Person, are members of a "group" for purposes of Section 13(d) of the Exchange Act.

Remarks:

5. The Reporting Person is a member of a "group" for purposes of Section 13(d) of the Exchange Act.