| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CEQP | Common Units | Sale | -$304M | -11.4M | -54.32% | $26.71 | 9.59M | Sep 15, 2022 | See Footnote | F1, F2, F3 |
| transaction | CEQP | Common Units | Disposed to Issuer | -$124M | -4.6M | -47.99% | $26.90 | 4.99M | Sep 15, 2022 | See Footnote | F3, F4, F5 |
Chord Energy Corp is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | This sale was effected pursuant to a previously announced public secondary offering (the "Secondary Offering") of common units representing limited partner interests (the "Crestwood Common Units") in the Issuer. |
| F2 | This price represents the public offering price per unit of the Crestwood Common Units less the underwriting discount in connection with the Secondary Offering. |
| F3 | This Form 4 is being jointly filed by Oasis Investment Holdings LLC ("OIH"), Oasis Petroleum North America LLC ("OPNA"), OMS Holdings LLC ("OMS Holdings"), Oasis Petroleum LLC ("Oasis Petroleum") and Chord Energy Corporation ("Chord"). As of the date of this Form 4, OMS Holdings directly holds 4,985,668 Crestwood Common Units. OMS Holdings is the managing member of and owns an 87.3% membership interest in OIH. OPNA owns the remaining 12.7% membership interest in OIH. Oasis Petroleum directly owns 100% of the outstanding membership interests in each of OMS Holdings and OPNA, and Chord directly owns 100% of the outstanding membership interests in Oasis Petroleum. Accordingly, Chord and Oasis Petroleum may be deemed to be indirect beneficial owners of the securities of the Issuer held by OMS Holdings. |
| F4 | This sale represents the Crestwood Common Units sold to the Issuer pursuant to the terms of the Common Unit Repurchase Agreement, dated September 12, 2022, by and between the Issuer and OMS Holdings. |
| F5 | The Crestwood Common Units were sold to the Issuer at a price equal to the public offering price per unit in the Secondary Offering. |
Upon consummation of the merger on July 1, 2022 between Chord and Whiting Petroleum Corporation ("Whiting") pursuant to that certain Agreement and Plan of Merger, dated as of March 7, 2022, by and among Chord, Ohm Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Chord, New Ohm LLC, a Delaware limited liability company and a wholly owned subsidiary of Chord, and Whiting, Chord changed its name from "Oasis Petroleum Inc." to "Chord Energy Corporation."