Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CLR | Common Stock | Other | -28.6M | -100% | 0 | Nov 22, 2022 | Held through Trust | F1, F2, F3 |
Jane Elizabeth Hamm Lerum is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | The disposition of shares reported on this Form 4 is exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") pursuant to Rule 16b-7 of the Exchange Act. On November 22, 2022 (the "Closing Date"), Omega Acquisition, Inc., an Oklahoma corporation and wholly owned subsidiary of the Issuer ("Merger Sub"), merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation, pursuant to the Agreement and Plan of Merger, dated October 16, 2022, by and between the Issuer and Merger Sub. On the Closing Date and in connection with the consummation of the Merger, all shares of common stock, par value $0.01 per share, of the Issuer held by the Reporting Person (the "Rollover Shares") outstanding immediately prior to the effective time of the Merger converted into an identical number of newly issued shares of the surviving corporation having identical rights to the previously existing Rollover Shares held by the Reporting Person. |
F2 | 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. |
F3 | Includes (i) 5,507,764 Rollover Shares held by the 2015 Jane Hamm Lerum Trust I and (ii) 23,127,669 Rollover 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. |
4. The Reporting Person is a member of a "group" for purposes of Section 13(d) of the Exchange Act.