Daniel E. Brown - Apr 13, 2023 Form 4 Insider Report for Chord Energy Corp (CHRD)

Signature
/s/ Michael H. Lou, as attorney-in-fact
Stock symbol
CHRD
Transactions as of
Apr 13, 2023
Transactions value $
-$774,505
Form type
4
Date filed
4/17/2023, 06:00 PM
Previous filing
Jan 4, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRD Common Stock Tax liability -$775K -5.44K -1.65% $142.32 325K Apr 13, 2023 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 April 13, 2023.
F2 Includes 29,335 shares of Common Stock subject to previously granted restricted stock unit awards that remain subject to vesting.