Charles J. Rimer - Jun 1, 2022 Form 4 Insider Report for WHITING PETROLEUM CORP (WLLAW)

Role: EVP Operations & COO
Signature: /s /M. Scott Regan, Attorney-in-Fact for Rimer Charles J.
Stock symbol: WLLAW
Transactions as of: Jun 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/3/2022, 04:20 PM
Previous filing: Mar 17, 2022
Next filing: Jul 5, 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 - Extended Vesting 2021	Award	$0	+89	+0.27%	$0.00	33.2K	Jun 1, 2022	Common Stock	89		Direct	F1, F2
transaction	WLLAW	Restricted Stock Units 2021	Award	$0	+43	+0.26%	$0.00	16.3K	Jun 1, 2022	Common Stock	43		Direct	F2, F3
transaction	WLLAW	Performance Share Units (Absolute) 2021	Award	$0	+49	+0.27%	$0.00	18.4K	Jun 1, 2022	Common Stock	49		Direct	F2, F4
transaction	WLLAW	Performance Share Units (Relative) 2021	Award	$0	+49	+0.27%	$0.00	18.4K	Jun 1, 2022	Common Stock	49		Direct	F2, F5
transaction	WLLAW	Restricted Stock Units 2022	Award	$0	+22	+0.27%	$0.00	8.2K	Jun 1, 2022	Common Stock	22		Direct	F2, F6
transaction	WLLAW	Performance Share Units (Absolute) 2022	Award	$0	+16	+0.26%	$0.00	6.15K	Jun 1, 2022	Common Stock	16		Direct	F2, F4
transaction	WLLAW	Performance Share Units (Relative) 2022	Award	$0	+16	+0.26%	$0.00	6.15K	Jun 1, 2022	Common Stock	16		Direct	F2, F5

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

Explanation of Responses:

Id	Content
F1	Each extended vesting restricted stock unit represents a right to receive one share of the Company's common stock. The restricted stock units will vest on the fifth anniversary of the grant date subject to continued employment.
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 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 The first tranche of the grant originally made on February 2, 2021 vested on February 2, 2022.
F4	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.
F5	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.
F6	Each restricted stock unit represents the 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.