Key facts
- This page summarizes Taylor L. Reid's Form 4 filing for Chord Energy Corp (CHRD).
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 06 Jul 2022, 21:46.
Taylor L. Reid - 01 Jul 2022 Form 4 Insider Report for Chord Energy Corp (CHRD)
- Reporting relationship
- President and COO
- Issuer ticker
- CHRD
- Reported as of
- 01 Jul 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 06 Jul 2022, 21:46:22 UTC
- Prior SEC filing
- 03 Feb 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Taylor L. Reid
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Taylor L. Reid filed Form 4 for Chord Energy Corp (CHRD) on 06 Jul 2022.
Change
- Previous filing in this sequence was filed on 03 Feb 2022.
- Current net transaction value: $0.
Research use
- 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.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CHRD
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +46,856
- Change %
- +176%
- Price
- Shares after
- 73,502
- Date
- 01 Jul 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F4
CHRD
transaction
Common Stock
Award
- Transaction value
- Shares
- +133,956
- Change %
- +182%
- Price
- Shares after
- 207,458
- Date
- 01 Jul 2022
- Ownership
- Direct
- Footnotes
- F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CHRD
transaction
Derivative
Performance Share Units
Options Exercise
- Transaction value
- Shares
- -23,428
- Change %
- -50%
- Price
- Shares after
- 23,428
- Date
- 01 Jul 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 23,428
- Exercise price
- Footnotes
- F1, F2
CHRD
transaction
Derivative
Performance Share Units
Options Exercise
- Transaction value
- Shares
- -23,428
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 01 Jul 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 23,428
- Exercise price
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Taylor L. Reid is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
As a result of the merger (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 (the "Merger Agreement"), the performance period associated with the Performance Share Units granted to the Reporting Person under Oasis 2020 Long Term Incentive Plan (the "Plan") that were originally subject to a total shareholder return performance goal over a three-year measurement period ended and the Reporting Person earned 70,284 Performance Share Units (which represent 300% of the target number of Performance Share Units (23,428) originally reported by the Reporting Person on a prior Form 4),
Footnote F2
(Continued from Footnote 1) or an additional 46,856 Performance Share Units, which earned Performance Share Units were settled in shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), upon the Reporting Person ceasing to serve as President and Chief Operating Officer of the Issuer in connection with the Merger. Following the closing of the Merger, the Issuer changed its name to "Chord Energy Corporation."
Footnote F3
As a result of the Merger, the performance period associated with the Performance Share Units granted to the Reporting Person under the Plan that were originally subject to a total shareholder return performance goal over a four-year measurement period ended and the Reporting Person earned 70,284 Performance Share Units (which represent 300% of the target number of Performance Share Units (23,428) originally reported by the Reporting Person on a prior Form 4), or an additional 46,856 Performance Share Units, which earned Performance Share Units were accelerated and settled in shares of Common Stock upon the Reporting Person ceasing to serve as President and Chief Operating Officer of the Issuer in connection with the Merger.
Footnote F4
Includes 22,203 shares of Common Stock subject to a previously granted restricted stock unit award, which were accelerated and settled in shares of Common Stock upon the Reporting Person ceasing to serve as President and Chief Operating Officer of the Issuer in connection with the Merger.
Footnote F5
As a result of the Merger, the performance period associated with the Performance Share Units granted to the Reporting Person under the Plan that were originally subject to 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, as applicable, over a three- or four-year measurement period, as applicable, ended and the Reporting Person earned a total of 40,244 Performance Share Units, which earned Performance Share Units were settled in shares of Common Stock upon the Reporting Person ceasing to serve as President and Chief Operating Officer of the Issuer in connection with the Merger. The amount reported in this row includes the 40,244 Performance Share Units described in this Note 5, as well as the additional 46,856 Performance Share Units described in Note 1 and the additional 46,856 Performance Share Units described in Note 3.