Lynn A. Peterson - 15 Sep 2023 Form 4 Insider Report for Chord Energy Corp (CHRD)

Role
Director
Signature
/s/ Melissa K. Buce, as attorney-in-fact
Issuer symbol
CHRD
Transactions as of
15 Sep 2023
Net transactions value
-$477,148
Form type
4
Filing time
19 Sep 2023, 18:46:04 UTC
Previous filing
17 Aug 2023
Next filing
18 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRD Common Stock Sale $285,300 -1,800 -0.8% $158.50 224,298 15 Sep 2023 Direct F1, F2, F3
transaction CHRD Common Stock Sale $127,600 -800 -0.36% $159.50 223,498 15 Sep 2023 Direct F1, F3, F4
transaction CHRD Common Stock Sale $64,248 -400 -0.18% $160.62 223,098 15 Sep 2023 Direct F1, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2022.
F2 Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $157.99 to $158.98 per share, inclusive.
F3 Full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, Chord Energy Corporation, or a Chord Energy Corporation shareholder.
F4 Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $159.16 to $159.88 per share, inclusive.
F5 Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $160.33 to $160.93 per share, inclusive.