Russ Benjamin 4
4 · CHESAPEAKE ENERGY CORP · Filed Jun 18, 2024
Insider Transaction Report
Form 4
Russ Benjamin
EVP-General Counsel
Transactions
- Exercise/Conversion
Performance Share Unit
2024-06-16−14,490→ 0 totalExercise: $0.00From: 2024-06-16Exp: 2024-06-16→ Common Stock - Exercise/Conversion
Common Stock
2024-06-16+26,203→ 39,987 total - Tax Payment
Common Stock
2024-06-16$85.14/sh−11,156$949,822→ 28,831 total - Tax Payment
Common Stock
2024-06-16$85.14/sh−214$18,220→ 28,617 total
Footnotes (3)
- [F1]Each performance share unit represents a contingent right to receive from zero to two shares of Chesapeake common stock, depending on the achievement of volume weighted average prices over the applicable performance period. Effective 6/16/24, the Reporting Person was entitled to receive 26,203 shares of common stock (before tax withholding obligations).
- [F2]These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the vesting the performance share unit award.
- [F3]These shares were forfeited to the issuer to satisfy tax withholding obligations in connection with the partial vesting of a previously disclosed restricted stock award.