Susan M. Cunningham - Jul 1, 2022 Form 4 Insider Report for WHITING PETROLEUM CORP (WLLAW)

Role: Director
Signature: /s /M. Scott Regan, Attorney-in-Fact for Cunningham Susan M.
Stock symbol: WLLAW
Transactions as of: Jul 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 7/5/2022, 04:30 PM
Previous filing: Jun 3, 2022
Next filing: Sep 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WLLAW	Common Stock, par value $0.001 per share ("Common Stock")	Disposed to Issuer		-12.3K	-100%		0	Jul 1, 2022	Direct	F1

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

Susan M. Cunningham is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	This Form 4 reports securities disposed of in connection with the Agreement and Plan of Merger, dated March 7, 2022 (the "Merger Agreement"), by and among Oasis Petroleum Inc. ("Oasis"), Ohm Merger Sub Inc., a wholly owned subsidiary of Oasis ("Merger Sub"), New Ohm LLC, a wholly owned subsidiary of Oasis ("LLC Sub"), and Whiting Petroleum Corporation ("Whiting"). Pursuant to the Merger Agreement, on July 1, 2022 (the "Effective Time"), Merger Sub merged with and into Whiting, with Whiting surviving as a wholly owned subsidiary of Oasis. Pursuant to the Merger Agreement, each outstanding restricted stock unit ("RSU") held by the Reporting Person vested immediately prior to the Effective Time and, at the Effective Time, each share of Common Stock was canceled in exchange for the right to receive 0.5774 shares of common stock of Oasis and $6.25 in cash. The Merger Agreement was filed by Whiting on March 7, 2022, as Exhibit 2.1 to its Current Report on Form 8-K.

Content

This Form 4 reports securities disposed of in connection with the Agreement and Plan of Merger, dated March 7, 2022 (the "Merger Agreement"), by and among Oasis Petroleum Inc. ("Oasis"), Ohm Merger Sub Inc., a wholly owned subsidiary of Oasis ("Merger Sub"), New Ohm LLC, a wholly owned subsidiary of Oasis ("LLC Sub"), and Whiting Petroleum Corporation ("Whiting"). Pursuant to the Merger Agreement, on July 1, 2022 (the "Effective Time"), Merger Sub merged with and into Whiting, with Whiting surviving as a wholly owned subsidiary of Oasis. Pursuant to the Merger Agreement, each outstanding restricted stock unit ("RSU") held by the Reporting Person vested immediately prior to the Effective Time and, at the Effective Time, each share of Common Stock was canceled in exchange for the right to receive 0.5774 shares of common stock of Oasis and $6.25 in cash. The Merger Agreement was filed by Whiting on March 7, 2022, as Exhibit 2.1 to its Current Report on Form 8-K.

Remarks:

By virtue of the Merger Agreement, the Reporting Person has ceased being a Section 16 director of Whiting.