SEC Form 4 · accession 0001562180-19-000404
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
Jan 18, 2019
Accepted (ET)
Jan 22, 2019 · 6:48 pm EST
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 | Jan 19, 2019 | F | 2,511 | $29.81 | D | 81,838 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jan 18, 2019 | A | 33,545 | A | — | — | Common Stock | 33,545 | 33,545 | 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 | $204.88 | holding | — | — | — | — | Jan 18, 2022 | Common Stock | 1,385 | 1,385 | D |
| Stock Option - Right to PurchaseF2 | $137.24 | holding | — | — | — | — | Jan 26, 2020 | Common Stock | 1,929 | 1,929 | D |
Explanation of responses
- F1Grant to reporting person of restricted stock units under the Whiting Petroleum Corporation 2013 Equity Incentive Plan, each of which represents the right to receive one share of Whiting Petroleum Corporation common stock. The restricted stock units vest 1/3 on each of the first three anniversaries of the grant date.
- 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.