11 July 2022listing compliance notice▼ BadMajor
Whiting Holdings LLC deregistered its securities, ending its obligation to file reports with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
11 July 2022substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, Wellington Management Company LLP reported a Whiting Holdings LLC shareholding of 3,925,313 shares (10.00% of votes) in a periodic institutional filing.
8 July 2022securities registration● Neutral
Whiting Holdings LLC amended its automatic shelf registration statement.
7 July 2022business combination● NeutralMajor
The Oasis merger closed on July 1, 2022. Oasis was renamed Chord Energy Corporation (Nasdaq: CHRD), and Whiting was merged into a Chord subsidiary and is now Whiting Holdings LLC. Each Whiting share was converted into $6.25 in cash plus 0.5774 Chord shares, and former Whiting holders own about 53% of Chord. Whiting's credit agreement with JPMorgan was terminated, repaid in full and its liens released. Whiting stock stopped trading on the NYSE, and Whiting Holdings intends to file a Form 15 to suspend its SEC reporting. This resolves the merger thread and the exit credit facility, and the Series A and B warrants were assumed by Chord with adjusted terms.
5 July 2022director interest notice● Neutral
Whiting Holdings LLC director Janet Carrig disposed of 12,297 shares via option/appreciation-right settlement.
5 July 2022director interest notice● Neutral
Whiting Holdings LLC director Anne Taylor disposed of 12,297 shares via option/appreciation-right settlement.
5 July 2022director interest notice● Neutral
Whiting Holdings LLC director Kevin S Mccarthy disposed of 24,797 shares via option/appreciation-right settlement.
5 July 2022director interest notice● Neutral
Whiting Holdings LLC Former EVP Operations & COO Charles J. Rimer disposed of 144,988 shares via option/appreciation-right settlement.
5 July 2022director interest notice● Neutral
Whiting Holdings LLC Former President & CEO Lynn A Peterson exercised stock options for 10,767 shares and disposed of 346,533 shares.
5 July 2022director interest notice● Neutral
Whiting Holdings LLC director Paul Korus disposed of 16,797 shares via option/appreciation-right settlement.
5 July 2022director interest notice● Neutral
Whiting Holdings LLC Former VP, Legal, GC and Sec Michael Scott Regan disposed of 66,686 shares via option/appreciation-right settlement.
5 July 2022director interest notice● Neutral
Whiting Holdings LLC director Daniel J. Rice IV disposed of 27,447 shares via option/appreciation-right settlement.
5 July 2022director interest notice● Neutral
Whiting Holdings LLC Former EVP Finance & CFO James P Henderson exercised stock options for 6,160 shares and disposed of 152,774 shares.
5 July 2022director interest notice● Neutral
Whiting Holdings LLC Former VP and Controller Sirikka R Lohoefener disposed of 20,536 shares via option/appreciation-right settlement.
5 July 2022director interest notice● Neutral
Whiting Holdings LLC director Susan M Cunningham disposed of 12,297 shares via option/appreciation-right settlement.
1 July 2022listing compliance notice● NeutralMajor
Whiting Holdings LLC's exchange filed to remove a class of its securities from listing.
29 June 2022director interest notice● Neutral
Whiting Holdings LLC Vice President and Controller Sirikka R Lohoefener received a stock option grant for 4,000 shares.
29 June 2022director interest notice● Neutral
Whiting Holdings LLC VP, Legal, GC and Secretary Michael Scott Regan received a stock option grant for 10,000 shares.
14 June 2022business combination● Neutral
Whiting disclosed that it had received seven stockholder demand letters and was aware of six lawsuits claiming the merger proxy statement was missing information. Whiting says the claims are without merit but added extra disclosures to the proxy to head off delay. These include that Citi, its adviser, had earned $4 million in advisory fees and $2.2 million in underwriting fees from Oasis and an Oasis affiliate in the prior 24 months and none from Whiting, a point the board concluded was not a conflict. The June 28, 2022 meetings are not expected to move.
3 June 2022director interest notice● Neutral
Whiting Holdings LLC insider Daniel J. Rice IV received 15 shares as part of the equity award.
3 June 2022director interest notice● Neutral
Whiting Holdings LLC President & CEO Lynn A Peterson received a stock option grant for 738 shares.
3 June 2022director interest notice● Neutral
Whiting Holdings LLC VP, Legal, GC and Secretary Michael Scott Regan received a stock option grant for 134 shares.
3 June 2022director interest notice● Neutral
Whiting Holdings LLC insider Paul Korus received 15 shares as part of the equity award.
3 June 2022director interest notice● Neutral
Whiting Holdings LLC insider Anne Taylor received 15 shares as part of the equity award.
3 June 2022director interest notice● Neutral
Whiting Holdings LLC EVP Operations & COO Charles J. Rimer received a stock option grant for 284 shares.
3 June 2022director interest notice● Neutral
Whiting Holdings LLC Vice President and Controller Sirikka R Lohoefener received a stock option grant for 33 shares.
3 June 2022director interest notice● Neutral
Whiting Holdings LLC insider Janet Carrig received 15 shares as part of the equity award.
3 June 2022director interest notice● Neutral
Whiting Holdings LLC insider Kevin S Mccarthy received 15 shares as part of the equity award.
3 June 2022director interest notice● Neutral
Whiting Holdings LLC EVP Finance & CFO James P Henderson received a stock option grant for 314 shares.
3 June 2022director interest notice● Neutral
Whiting Holdings LLC insider Susan M Cunningham received 15 shares as part of the equity award.