Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CHRD | Common Stock | Award | +14.3K | 14.3K | Jul 1, 2022 | Direct | F1, F2 |
Id | Content |
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F1 | As a result of the merger (the "Merger") between Oasis Petroleum Inc. ("Oasis") and Whiting Petroleum Corporation ("Whiting") contemplated by that certain Agreement and Plan of Merger, dated as of March 7, 2022, by and among Oasis, Ohm Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Oasis, New Ohm LLC, a Delaware limited liability company and a wholly owned subsidiary of Oasis, and Whiting (the "Merger Agreement"), each share of common stock of Whiting was converted into the right to receive 0.5774 shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), and $6.25 in cash, without interest. In addition, pursuant to the Merger Agreement, any outstanding award of Whiting restricted stock units held by the Reporting Person was accelerated in full immediately prior to the effective time of the Merger. |
F2 | (Continued from Footnote 1) As such, the number reported consists solely of unrestricted shares of Common Stock. Following the closing of the Merger, the Issuer changed its name to "Chord Energy Corporation." |