Daniel E. Brown - 20 Feb 2024 Form 4 Insider Report for Chord Energy Corp (CHRD)

Role: President and CEO, Director
Signature: /s/ Melissa K. Buce, as attorney-in-fact
Issuer symbol: CHRD
Transactions as of: 20 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 22 Feb 2024, 18:54:09 UTC
Previous filing: 04 Jan 2024
Next filing: 16 Apr 2024
SEC: View on sec.gov

Quoteable Key Fact

"Daniel E. Brown filed Form 4 for Chord Energy Corp (CHRD) on 22 Feb 2024."

Quick Takeaways

This page summarizes Daniel E. Brown's Form 4 filing for Chord Energy Corp (CHRD).
2 reported transactions and 1 derivative row are listed below.
Filing timestamp: 22 Feb 2024, 18:54.

What Changed

Previous filing in this sequence was filed on 04 Jan 2024.
Current net transaction value: $0.

Why This Matters

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHRD	Common Stock	Award		+10,309	+3.3%		320,498	20 Feb 2024	Direct	F1

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	CHRD	Performance Share Units	Award	$0	+10,465		$0.000000	10,465	20 Feb 2024	Common Stock			Direct	F2

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

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted 10,309 Restricted Stock Units by the Issuer as part of his ordinary course annual compensation package pursuant to the Issuer's 2020 Long Term Incentive Plan (the "2020 LTIP"). Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock, par value $0.01 per share ("Common Stock").
F2	The Reporting Person was granted 10,465 target Performance Share Units ("Target Performance Units") by the Issuer as part of his ordinary course annual compensation package pursuant to the 2020 LTIP. Each Performance Share Unit represents a contingent right to receive a number of shares of Common Stock, ranging from zero to 300% of Target Performance Units ("Earned Performance Units"), depending on the Company's total shareholder return ("TSR") over a three-year measurement period beginning January 1, 2024. However, if the number of Earned Performance Units exceeds the number of Target Performance Units, then such excess will be settled in cash rather than Common Stock.

Content

The Reporting Person was granted 10,309 Restricted Stock Units by the Issuer as part of his ordinary course annual compensation package pursuant to the Issuer's 2020 Long Term Incentive Plan (the "2020 LTIP"). Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock, par value $0.01 per share ("Common Stock").

The Reporting Person was granted 10,465 target Performance Share Units ("Target Performance Units") by the Issuer as part of his ordinary course annual compensation package pursuant to the 2020 LTIP. Each Performance Share Unit represents a contingent right to receive a number of shares of Common Stock, ranging from zero to 300% of Target Performance Units ("Earned Performance Units"), depending on the Company's total shareholder return ("TSR") over a three-year measurement period beginning January 1, 2024. However, if the number of Earned Performance Units exceeds the number of Target Performance Units, then such excess will be settled in cash rather than Common Stock.