Darrin J. Henke - Jan 22, 2025 Form 4 Insider Report for Chord Energy Corp (CHRD)

Signature
/s/ Melissa K. Buce, as attorney-in-fact
Stock symbol
CHRD
Transactions as of
Jan 22, 2025
Transactions value $
$0
Form type
4
Date filed
1/24/2025, 06:33 PM
Previous filing
Feb 22, 2024
Next filing
Feb 4, 2025

Transactions Table

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 +2.88K +156.87% 4.71K Jan 22, 2025 Common Stock 2.88K Direct F3
holding CHRD Performance Share Units 1.83K Jan 22, 2025 Common Stock 1.83K 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 7,673 Restricted Stock Units by the Issuer as part of his ordinary course annual compensation package pursuant to the Issuer's Long Term Incentive Plan ("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 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 3,667 target performance units on Reporting Person's Form 4 dated February 22, 2024.
F3 The Reporting Person was granted 2,877 target Performance Share Units ("Target Performance Units") by the Issuer as part of his ordinary course annual compensation package pursuant to the 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, 2025. 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.