Lynn A. Peterson - 01 Sep 2021 Form 4 Insider Report for WHITING PETROLEUM CORP

Role: President & CEO, Director
Signature: /s /M. Scott Regan, Attorney-in-Fact for Peterson Lynn A
Issuer symbol: N/A
Transactions as of: 01 Sep 2021
Net transactions value: -$221,323
Form type: 4
Filing time: 02 Sep 2021, 17:55:07 UTC
Previous filing: 02 Jul 2021
Next filing: 16 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WLLAW	Common Stock	Options Exercise		+10,704	+27%		50,464	01 Sep 2021	Direct	F1
transaction	WLLAW	Common Stock	Tax liability	$221,323	-4,700	-9.3%	$47.09	45,764	01 Sep 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WLLAW	Restricted Stock Units	Options Exercise	$0	-10,704	-33%	$0.000000	21,410	01 Sep 2021	Common Stock	10,704		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the conversion of restricted stock units under the Whiting Petroleum Corporation 2020 Equity Incentive Plan, each of which represents the right to receive one share of Whiting Petroleum Corporation common stock. The restricted stock units vest 1/3 on each of September 1, 2021, 2022 and 2023. The reported transaction involved the vesting of restricted stock units held by the reporting person and a related forfeiture for tax withholding purposes. The reporting person previously reported the grant of the restricted stock units in Table I but has elected to report them in Table II going forward.

Content

Represents the conversion of restricted stock units under the Whiting Petroleum Corporation 2020 Equity Incentive Plan, each of which represents the right to receive one share of Whiting Petroleum Corporation common stock. The restricted stock units vest 1/3 on each of September 1, 2021, 2022 and 2023. The reported transaction involved the vesting of restricted stock units held by the reporting person and a related forfeiture for tax withholding purposes. The reporting person previously reported the grant of the restricted stock units in Table I but has elected to report them in Table II going forward.