Lynn A. Peterson - 16 Oct 2023 Form 4 Insider Report for Chord Energy Corp (CHRD)

Role
Director
Signature
/s/ Melissa K. Buce, as attorney-in-fact
Issuer symbol
CHRD
Transactions as of
16 Oct 2023
Net transactions value
-$507,576
Form type
4
Filing time
18 Oct 2023, 19:01:11 UTC
Previous filing
19 Sep 2023
Next filing
06 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRD Common Stock Sale $50,469 -300 -0.13% $168.23 222,798 16 Oct 2023 Direct F1, F2, F3
transaction CHRD Common Stock Sale $406,128 -2,400 -1.1% $169.22 220,398 16 Oct 2023 Direct F1, F2, F4
transaction CHRD Common Stock Sale $50,979 -300 -0.14% $169.93 220,098 16 Oct 2023 Direct F1, F2, 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 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 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.
F3 Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $167.72 to $168.55 per share, inclusive.
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 $168.79 to $169.76 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 $169.84 to $170.09 per share, inclusive.