Richard N. Robuck - Mar 4, 2024 Form 3 Insider Report for Chord Energy Corp (CHRD)

Signature
/s/ Melissa K. Buce, as attorney-in-fact
Stock symbol
CHRD
Transactions as of
Mar 4, 2024
Transactions value $
$0
Form type
3
Date filed
3/6/2024, 07:58 PM
Previous filing
Feb 3, 2022
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CHRD Common Stock 31.7K Mar 4, 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
holding CHRD Warrants (Rights to Buy) Mar 4, 2024 Common Stock 12 $75.57 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents certain awards of restricted stock units ("RSUs") granted to the Reporting Person that may be settled only for shares of common stock on a one-for-one basis and earned performance share units ("PSUs") that remain subject to time-based vesting. These PSUs include performance share units that were originally subject to a total shareholder return performance goal or a relative total shareholder return performance goal based on the Issuer's performance as compared to a predefined peer group or the Russell 2000 constituent companies but were deemed earned as a result of the merger between Oasis Petroleum Inc. ("Oasis") and Whiting Petroleum Corporation ("Whiting") contemplated by that certain Agreement and Plan of Merger, dated as of March 7, 2022 by and among Oasis, Ohm Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Oasis, New Ohm LLC, a Delaware limited liability company and a wholly owned subsidiary of Oasis, and Whiting.
F2 Represents warrants to purchase shares of the Issuer's common stock that were originally issued in connection with the Joint Prepackaged Chapter 11 Plan of Reorganization of Oasis (the Issuer's predecessor) and its Debtor Affiliates (as amended, modified or supplemented from time to time, the "Plan"), on November 19, 2020 (the effective date of the Plan). Each Warrant is exercisable for one share of the Issuer's common stock from the date of issuance until 5:00 p.m., New York time, on the expiration date. The receipt of warrants was involuntary, without additional consideration and in accordance with the Plan approved by the U.S. Bankruptcy Court for the Southern District of Texas.