Scott Regan - Mar 15, 2022 Form 4 Insider Report for WHITING PETROLEUM CORP (WLLAW)

Role: VP, Legal, GC and Secretary
Signature: Michael Scott Regan
Stock symbol: WLLAW
Transactions as of: Mar 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/17/2022, 04:19 PM
Previous filing: Feb 4, 2022
Next filing: Jun 3, 2022

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 2021	Award	$0	+42	+0.31%	$0.00	13.6K	Mar 15, 2022	Common Stock	42		Direct	F1, F2
transaction	WLLAW	Performance Share Units (Absolute) 2021	Award	$0	+31	+0.31%	$0.00	10.2K	Mar 15, 2022	Common Stock	31		Direct	F2, F3
transaction	WLLAW	Performance Share Units (Relative) 2021	Award	$0	+31	+0.31%	$0.00	10.2K	Mar 15, 2022	Common Stock	31		Direct	F2, F4
transaction	WLLAW	Restricted Stock Units 2022	Award	$0	+21	+0.31%	$0.00	6.82K	Mar 15, 2022	Common Stock	21		Direct	F2, F5
transaction	WLLAW	Performance Share Units (Absolute) 2022	Award	$0	+16	+0.31%	$0.00	5.11K	Mar 15, 2022	Common Stock	16		Direct	F2, F3
transaction	WLLAW	Performance Share Units (Relative) 2022	Award	$0	+16	+0.31%	$0.00	5.11K	Mar 15, 2022	Common Stock	16		Direct	F2, F4

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

Explanation of Responses:

Id	Content
F1	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. The first tranche of the grant originally made on February 2, 2021 vested on February 2, 2022.
F2	Represents an increase in the securities underlying the equity award as a result of a dividend paid on the Company's common stock which entitles this award to receive dividend equivalents subject to the terms of the underlying award.
F3	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.
F4	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.
F5	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.