Oasis Petroleum Inc.

07/06/2022 | Press release | Distributed by Public on 07/06/2022 19:42

Statement of Changes in Beneficial Ownership (Form 4)

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Rimer Charles J.
2. Issuer Name and Ticker or Trading Symbol
Chord Energy Corp [CHRD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
See Remarks /
(Last) (First) (Middle)
1001 FANNIN STREET SUITE 1500
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
HOUSTON TX 77002
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Rimer Charles J.
1001 FANNIN STREET SUITE 1500

HOUSTON, TX77002


See Remarks

Signatures

/s/ M. Scott Regan, Attorney-in-Fact for Charles J. Rimer 2022-07-06
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) 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"), each share of common stock of Whiting was converted into the right to receive 0.5774 shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), and $6.25 in cash, without interest (collectively, the "Merger Consideration"). Pursuant to the Merger Agreement, each outstanding award of Whiting restricted stock units held by the Reporting Person was converted into a time-based award with right to receive, upon vesting,
(2) (Continued from Footnote 1) the Merger Consideration (each, a "Converted RSU Award") while each outstanding award of Whiting performance stock units held by the Reporting Person was converted into a time-based award (based on the greater of the target number of performance stock units subject to such award or actual achievement of the performance criteria applicable to such award measured based on a truncated performance period ending immediately prior to the effective time of the Merger) with the right to receive, upon vesting, the Merger Consideration (each, a "Converted PSU Award"). As such, the number reported consists of unrestricted shares of Common Stock, shares subject to Converted RSU Awards and shares subject to Converted PSU Awards. Following the closing of the Merger, the Issuer changed its name to "Chord Energy Corporation."
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.