Lynn A. Peterson - Aug 15, 2023 Form 4 Insider Report for Chord Energy Corp (CHRD)

Role
Director
Signature
/s/ Melissa K. Buce, as attorney-in-fact
Stock symbol
CHRD
Transactions as of
Aug 15, 2023
Transactions value $
-$458,114
Form type
4
Date filed
8/17/2023, 04:55 PM
Previous filing
Aug 7, 2023
Next filing
Sep 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRD Common Stock Sale -$137K -900 -0.39% $151.80 228K Aug 15, 2023 Direct F1, F2, F3
transaction CHRD Common Stock Sale -$259K -1.69K -0.74% $152.89 227K Aug 15, 2023 Direct F1, F3, F4
transaction CHRD Common Stock Sale -$61.6K -400 -0.18% $153.91 226K Aug 15, 2023 Direct F1, F3, F5
transaction CHRD Common Stock Sale -$1.39K -9 0% $154.82 226K Aug 15, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2022.
F2 Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $151.34 to $152.25 per share, inclusive.
F3 Full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, Chord Energy Corporation, or a Chord Energy Corporation shareholder.
F4 Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $152.40 to $153.35 per share, inclusive.
F5 Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $153.49 to $154.15 per share, inclusive.