VOLKER JAMES J 4
4 · WHITING PETROLEUM CORP · Filed Jan 3, 2018
Insider Transaction Report
Form 4
VOLKER JAMES J
DirectorChairman, President and CEO
Transactions
- Tax Payment
Common Stock
2017-12-29$26.48/sh−43,081$1,140,785→ 137,067 total
Holdings
- 4,588
Stock Option - Right to Purchase
Exercise: $204.88Exp: 2022-01-18→ Common Stock (4,588 underlying) - 18,680
Stock Option - Right to Purchase
Exercise: $51.02Exp: 2019-02-18→ Common Stock (18,680 underlying) - 6,222
2011 Stock Option - Right to Purchase
Exercise: $241.14Exp: 2021-01-18→ Common Stock (6,222 underlying) - 4,822
Stock Option - Right to Purchase
Exercise: $137.24Exp: 2020-01-26→ Common Stock (4,822 underlying)
Footnotes (6)
- [F1]The number of shares of common stock previously reported by the reporting person was reduced by 540,439 as a result of the 1-for-4 reverse stock split of Whiting Petroleum Corporation's common stock effective on November 8, 2017. Cash was paid in lieu of the issuance of fractional shares with respect to shares of common stock not subject to restrictions.
- [F2]This option was previously reported as covering 24,890 shares at an exercise price of $60.285, but was adjusted to reflect the 1-for-4 reverse stock split of Whiting Petroleum Corporation's common stock effective on November 8, 2017. Any fractional share that would have become subject to this option as a result of the reverse stock split was canceled for no consideration.
- [F3]Grant 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.
- [F4]This option was previously reported as covering 74,720 shares at an exercise price of $12.755, but was adjusted to reflect the 1-for-4 reverse stock split of Whiting Petroleum Corporation's common stock effective on November 8, 2017. Any fractional share that would have become subject to this option as a result of the reverse stock split was canceled for no consideration.
- [F5]This option was previously reported as covering 19,290 shares at an exercise price of $34.31, but was adjusted to reflect the 1-for-4 reverse stock split of Whiting Petroleum Corporation's common stock effective on November 8, 2017. Any fractional share that would have become subject to this option as a result of the reverse stock split was canceled for no consideration.
- [F6]This option was previously reported as covering 18,352 shares at an exercise price of $51.22, but was adjusted to reflect the 1-for-4 reverse stock split of Whiting Petroleum Corporation's common stock effective on November 8, 2017. Any fractional share that would have become subject to this option as a result of the reverse stock split was canceled for no consideration.