Michael H. Lou - Jan 18, 2022 Form 4 Insider Report for Oasis Petroleum Inc. (CHRD)

Signature
/s/ Nickolas J. Lorentzatos, as attorney-in-fact
Stock symbol
CHRD
Transactions as of
Jan 18, 2022
Transactions value $
-$374,658
Form type
4
Date filed
1/20/2022, 06:52 PM
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRD Common Stock Tax liability -$375K -2.77K -10.01% $135.50 24.9K Jan 18, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting and settlement of restricted stock units through the issuance of the Issuer's common stock, par value $0.01 per share ("Common Stock") pursuant to the Issuer's 2020 Long Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy his tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common Stock on January 18, 2022.
F2 Includes 20,724 shares of Common Stock subject to a previously granted restricted stock unit award that remains subject to vesting.