Lara J. Kroll - Mar 15, 2025 Form 3 Insider Report for Chord Energy Corp (CHRD)

Role
SVP & Chief Accounting Officer
Signature
/s/ Melissa K. Buce, as attorney-in-fact
Stock symbol
CHRD
Transactions as of
Mar 15, 2025
Transactions value $
$0
Form type
3
Date filed
3/25/2025, 04:51 PM
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CHRD Common Stock 11.3K Mar 15, 2025 Direct F1

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 Mar 15, 2025 Common Stock 893 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 5,364 shares of common stock beneficially owned by Reporting Person and 5,920 restricted stock units ("RSUs") granted to the Reporting Person pursuant to the Issuer's Long Term Incentive Plan ("LTIP"). Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.01 per share ("Common Stock").
F2 On February 20, 2024, the Reporting Person was granted 323 target Performance Share Units ("Target Performance Units") by the Issuer as part of her ordinary course annual compensation package pursuant to the Issuer's 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, 2024. 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.
F3 On January 22, 2025, the Reporting Person was granted 570 Target Performance Units by the Issuer as part of her 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, depending on the Company's 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.