Daniel E. Brown - Apr 13, 2024 Form 4 Insider Report for Chord Energy Corp (CHRD)

Role
President and CEO, Director
Signature
/s/ Melissa K. Buce, as attorney-in-fact
Stock symbol
CHRD
Transactions as of
Apr 13, 2024
Transactions value $
-$11,258,302
Form type
4
Date filed
4/16/2024, 07:23 PM
Previous filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRD Common Stock Tax liability -$1.01M -5.41K -1.69% $187.12 315K Apr 13, 2024 Direct F1
transaction CHRD Common Stock Tax liability -$10.2M -55.3K -17.55% $185.31 260K Apr 15, 2024 Direct F2

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 Performance Share Units 5.23K Apr 13, 2024 Common Stock 0 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting and settlement of restricted stock units through the issuance of Issuer's common stock, par value $0.01 per share ("Common Stock") pursuant to the Issuer's 2020 Long Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy his tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common stock on April 12, 2024.
F2 In connection with the vesting and settlement of performance share units through the issuance of Issuer's common stock, par value $0.01 per share ("Common Stock") pursuant to the Issuer's 2020 Long Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy his tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common stock on April 15, 2024.
F3 The number of target performance units has been updated to accurately reflect the number of target units the Reporting Person was actually granted on February 20, 2024. Due to a scrivener's error, it was originally reported incorrectly as 10,465 target performance units on Reporting Person's Form 4 dated February 22, 2024.