SEC Form 4 · accession 0001127602-18-028865
WHITING PETROLEUM CORP · WLL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Stevens
Officer — SVP and CFO
Period of report
Oct 1, 2018
Accepted (ET)
Oct 1, 2018 · 7:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001255474
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 1, 2018 | M | 12,476 | $55.0407 | A | 96,571 | D | |
| Common Stock | Oct 1, 2018 | S | 12,476 | $55.0407 | D | 84,095 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option - Right to PurchaseF2 | $51.0208 | Oct 1, 2018 | M | 12,476 | D | — | Feb 18, 2019 | Common Stock | 12,476 | 0 | D |
| 2011 Stock Option - Right to PurchaseF2 | $241.1408 | holding | — | — | — | — | Jan 18, 2021 | Common Stock | 2,342 | 2,342 | D |
| Stock Option - Right to PurchaseF2 | $137.24 | holding | — | — | — | — | Jan 26, 2020 | Common Stock | 1,929 | 1,929 | D |
| Stock Option - Right to PurchaseF2 | $204.88 | holding | — | — | — | — | Jan 18, 2022 | Common Stock | 1,385 | 1,385 | D |
Explanation of responses
- F1This stock option exercise and sale was executed pursuant to a written plan previously established in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
- F2Grant to reporting person of ten-year option to buy shares of common stock under the Whiting Petroleum Corporation 2003 Equity Incentive Plan. The option vests and becomes exercisable as follows: 1/3 on 1st anniversary of the date of grant, 2/3 on 2nd anniversary of the date of grant and 3/3 on 3rd anniversary of the date of grant.