James P. Henderson - Jun 1, 2022 Form 4 Insider Report for WHITING PETROLEUM CORP (WLLAW)

Role
EVP Finance & CFO
Signature
/s /M. Scott Regan, Attorney-in-Fact for Henderson, James P.
Stock symbol
WLLAW
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 04:21 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 2020 Award $0 +33 +0.27% $0.00 12.3K Jun 1, 2022 Common Stock 33 Direct F1, F2
transaction WLLAW Restricted Stock Units - Extended Vesting 2021 Award $0 +86 +0.27% $0.00 32.1K Jun 1, 2022 Common Stock 86 Direct F2, F3
transaction WLLAW Restricted Stock Units 2021 Award $0 +43 +0.26% $0.00 16.3K Jun 1, 2022 Common Stock 43 Direct F2, F4
transaction WLLAW Performance Share Units (Absolute) 2021 Award $0 +49 +0.27% $0.00 18.4K Jun 1, 2022 Common Stock 49 Direct F2, F5
transaction WLLAW Performance Share Units (Relative) 2021 Award $0 +49 +0.27% $0.00 18.4K Jun 1, 2022 Common Stock 49 Direct F2, F6
transaction WLLAW Restricted Stock Units 2022 Award $0 +22 +0.27% $0.00 8.2K Jun 1, 2022 Common Stock 22 Direct F2, F7
transaction WLLAW Performance Share Units (Absolute) 2022 Award $0 +16 +0.26% $0.00 6.15K Jun 1, 2022 Common Stock 16 Direct F2, F5
transaction WLLAW Performance Share Units (Relative) 2022 Award $0 +16 +0.26% $0.00 6.15K Jun 1, 2022 Common Stock 16 Direct F2, F6

Explanation of Responses:

Id Content
F1 Each restricted stock unit 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.
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 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.
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. The first tranche of the grant originally made on February 2, 2021 vested on February 2, 2022.
F5 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.
F6 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.
F7 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.