Charles J. Rimer - Oct 16, 2023 Form 4 Insider Report for Chord Energy Corp (CHRD)

Role
Executive VP and COO
Signature
/s/ Melissa K. Buce, as attorney-in-fact
Stock symbol
CHRD
Transactions as of
Oct 16, 2023
Transactions value $
-$253,059
Form type
4
Date filed
10/18/2023, 06:59 PM
Previous filing
Sep 19, 2023
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRD Common Stock Sale -$137K -816 -0.91% $168.29 89K Oct 16, 2023 Direct F1, F2, F3
transaction CHRD Common Stock Sale -$84.5K -500 -0.56% $168.92 88.5K Oct 16, 2023 Direct F1, F3, F4
transaction CHRD Common Stock Sale -$31.3K -184 -0.21% $169.97 88.3K Oct 16, 2023 Direct F1, F3, F5
* 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 sale reported in this Form 4 was effected pursuant to a rule 10b5-1 trading plan adopted by the Reporting Person on July 14, 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 $167.53 to $168.51 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 $168.64 to $169.20 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 $169.86 to $170.00 per share, inclusive.