Form 4 for CHRD Chord Energy Corp

Accepted 2024-02-22 00:00:00 ET · period of report 2024-02-20 · accession 0001628280-24-006468 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2024-02-22	2024-02-20	CHRD	Lou Michael H	EVP, CFO	A - Grant	—	+5,174	133.4K	+4%	—
D	2024-02-22	2024-02-20	CHRD	Lou Michael H	EVP, CFO	A - Grant	$0.00	+3,881	3,881	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-02-20	A	A	5,174	—	133,383	D	—	—	(F1) The Reporting Person was granted 5,174 Restricted Stock Units by the Issuer as part of his ordinary course annual compensation package pursuant to the Issuer's 2020 Long Term Incentive Plan (the "2020 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").
2	Derivative	Performance Share Units	2024-02-20	A	A	3,881	$0.00	3,881	D	— · — to —	— Common Stock	(F2) The Reporting Person was granted 3,881 target Performance Share Units ("Target Performance Units") by the Issuer as part of his ordinary course annual compensation package pursuant to the 2020 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.