James R. Webb - 22 Nov 2022 Form 4 Insider Report for CONTINENTAL RESOURCES, INC

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
22 Nov 2022, 16:22:03 UTC
Prior SEC filing
17 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Richard E. Green, Attorney-In-Fact

Key filing fact

James R. Webb filed Form 4 for CONTINENTAL RESOURCES, INC on 22 Nov 2022.

Key facts

  • This page summarizes James R. Webb's Form 4 filing for CONTINENTAL RESOURCES, INC.
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 22 Nov 2022, 16:22.

Change

  • Previous filing in this sequence was filed on 17 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CLR transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-145,144
Change %
-100%
Price
Shares after
0
Date
22 Nov 2022
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

James R. Webb is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated October 16, 2022 (the "Merger Agreement"), by and between the Issuer and Omega Acquisition, Inc. ("Merger Sub"), Merger Sub commenced a tender offer (the "Offer") to purchase any and all of the shares of common stock, par value $0.01 per share (collectively, the "Shares") of the Issuer other than Rollover Shares (as defined in the Merger Agreement), at a price of $74.28 per Share. On November 22, 2022 (the "Closing Date"), Merger Sub merged with and into the Issuer (the "Merger" and, together with the Offer, the "Transactions"), and, in connection with the consummation of the Transactions, the Reporting Person disposed of all his Shares.

Footnote F2

(Continued from Footnote 1) The number of Shares reported includes 130,012 Company RS Awards. Pursuant to the terms of the Merger Agreement, Shares held by the Reporting Person underlying unvested restricted stock awards (each, a "Company RS Award") issued under the Issuer's long-term incentive compensation plans are treated as Rollover Shares and were replaced with a restricted stock unit award covering the same number of shares of the surviving corporation as the number of Shares covered by the Company RS Award. All of the dispositions of Shares reported on this Form 4 are exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act") pursuant to Rule 16b-3(e) of the Exchange Act.

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