Lohoefener Sirikka R - Jun 1, 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
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 04:21 PM
Previous filing
Mar 17, 2022
Next filing
Jun 29, 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 +9 +0.27% $0.00 3.4K Jun 1, 2022 Common Stock 9 Direct F1, F2
transaction WLLAW Performance Share Units (Absolute) 2021 Award $0 +6 +0.24% $0.00 2.55K Jun 1, 2022 Common Stock 6 Direct F2, F3
transaction WLLAW Performance Share Units (Relative) 2021 Award $0 +6 +0.24% $0.00 2.55K Jun 1, 2022 Common Stock 6 Direct F2, F4
transaction WLLAW Restricted Stock Units 2022 Award $0 +6 +0.25% $0.00 2.39K Jun 1, 2022 Common Stock 6 Direct F2, F5
transaction WLLAW Performance Share Units (Absolute) 2022 Award $0 +3 +0.25% $0.00 1.2K Jun 1, 2022 Common Stock 3 Direct F2, F3
transaction WLLAW Performance Share Units (Relative) 2022 Award $0 +3 +0.25% $0.00 1.2K Jun 1, 2022 Common Stock 3 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 The first tranche of the grant originally made on February 2, 2021 vested on February 2, 2022.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 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.