Lohoefener Sirikka R - Jan 31, 2022 Form 4 Insider Report for WHITING PETROLEUM CORP (WLLAW)

Role: Vice President and Controller
Signature: /s /M. Scott Regan, Attorney-in-Fact for Lohoefener Sirikka R
Stock symbol: WLLAW
Transactions as of: Jan 31, 2022
Transactions value $: -$21,978
Form type: 4
Date filed: 2/2/2022, 04:24 PM
Next filing: Feb 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WLLAW	Common Stock	Award	$0	+700	+263.16%	$0.00	966	Jan 31, 2022	Direct	F1
transaction	WLLAW	Common Stock	Tax liability	-$22K	-296	-30.64%	$74.25	670	Jan 31, 2022	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	Performance Share Units (Absolute) 2022	Award	$0	+1.19K		$0.00	1.19K	Jan 31, 2022	Common Stock	1.19K		Direct	F2
transaction	WLLAW	Performance Share Units (Relative) 2022	Award	$0	+1.19K		$0.00	1.19K	Jan 31, 2022	Common Stock	1.19K		Direct	F3
transaction	WLLAW	Restricted Stock Units 2022	Award	$0	+2.38K		$0.00	2.38K	Jan 31, 2022	Common Stock	2.38K		Direct	F4

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

Explanation of Responses:

Id	Content
F1	These shares are granted immediately, without restriction and issuable from the Whiting Petroleum Corporation 2020 Equity Incentive Plan. They are payable under the 2021 Short-Term Incentive Program as a portion of a one-time performance payment.
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.