BENJAMIN RUSS - 15 Mar 2024 Form 4 Insider Report for CHESAPEAKE ENERGY CORP (EXE)

Role: EVP-General Counsel
Signature: J. David Hershberger For: BENJAMIN RUSS
Issuer symbol: EXE
Transactions as of: 15 Mar 2024
Net transactions value: -$56,676
Form type: 4
Filing time: 19 Mar 2024, 16:38:22 UTC
Previous filing: 20 Jun 2023
Next filing: 09 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHK	Common Stock	Tax liability	$56,676	-679	-6.2%	$83.47	10,329	15 Mar 2024	Direct	F1
transaction	CHK	Common Stock	Award	$0	+3,838	+37%	$0.000000	14,167	15 Mar 2024	Direct

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	CHK	Performance Share Unit	Award	$0	+11,514		$0.000000	11,514	15 Mar 2024	Common Stock	11,514		Direct	F2

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

Explanation of Responses:

Id	Content
F1	These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the partial vesting of a previously disclosed restricted stock award.
F2	Each performance share unit represents a contingent right to receive from zero to two shares of Chesapeake common stock, depending on the achievement of volume weighted average stock prices over the applicable performance period.