Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WLLAW | Common Stock | Options Exercise | +11.6K | +50.51% | 34.5K | Jan 31, 2022 | Direct | F1 | ||
transaction | WLLAW | Common Stock | Tax liability | -$383K | -5.16K | -14.95% | $74.25 | 29.3K | Jan 31, 2022 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WLLAW | Performance Share Units (Absolute) 2022 | Award | $0 | +6.12K | $0.00 | 6.12K | Jan 31, 2022 | Common Stock | 6.12K | Direct | F2 | ||
transaction | WLLAW | Performance Share Units (Relative) 2022 | Award | $0 | +6.12K | $0.00 | 6.12K | Jan 31, 2022 | Common Stock | 6.12K | Direct | F3 | ||
transaction | WLLAW | Restricted Stock Units - VWAP | Options Exercise | $0 | -11.6K | -100% | $0.00* | 0 | Jan 31, 2022 | Common Stock | 11.6K | Direct | F1 | |
transaction | WLLAW | Restricted Stock Units 2022 | Award | $0 | +8.16K | $0.00 | 8.16K | Jan 31, 2022 | Common Stock | 8.16K | Direct | F4 |
Id | Content |
---|---|
F1 | Represents 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. Of the 46,300 RSUs granted in September 2020, 50% vested on March 19, 2021 as the volume weighted average price for Whiting Petroleum Corporation common stock ("VWAP") exceeded $32.57 per share for 20 consecutive trading days. An additional 11,575 RSUs, representing 25% of the total, vested on July 1, 2021 as the VWAP exceeded $48.86 per share for 20 consecutive trading days. The remaining 11,575 RSUs vested January 31, 2022 as the VWAP exceeded $65.14 per share for 20 consecutive trading days. |
F2 | Each absolute TSR performance share unit represents a contingent right to receive 0-200% of that number in shares of Company common stock. The amount reported represents the "target" number. The absolute TSR performance share units will vest upon continued employment and achievement of specified metrics as described in the related grant agreement. |
F3 | Each relative TSR performance share unit represents a contingent right to receive 0-200% of that number in shares of Company common stock. The amount reported represents the "target" number. The relative TSR performance share units will vest upon continued employment and achievement of specified metrics as described in the related grant agreement. |
F4 | Each restricted stock unit represents a right to receive one share of the Company's common stock. The restricted stock units will vest in approximately three equal annual installments beginning on the first anniversary of the grant date subject to continued employment. |