EXPAND ENERGY Corp — Director's Dealing 2020

Dec 18, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHESAPEAKE ENERGY CORP (CHKAQ)
CIK: 0000895126
Period of Report: 2020-05-05

Reporting Person: Patterson Frank J. (EVP-Exploration & Production)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-05	Common Stock	D	8310	—	Disposed	3349	Direct
2020-12-16	Common Stock	S	3349	$1.97	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-05	Non-Qualified Stock Option (right to buy)	$742.0	D	2465	Disposed	2026-01-14	Common Stock (2465.0)	Direct
2020-05-05	Non-Qualified Stock Option (right to buy)	$1090.0	D	1572	Disposed	2027-03-15	Common Stock (1572.0)	Direct
2020-05-05	Non-Qualified Stock Option (right to buy)	$602.0	D	3055	Disposed	2028-03-19	Common Stock (3055.0)	Direct

Footnotes

F1: Reflects the forfeiture of 100% of the Reporting Person's outstanding restricted stock units, as disclosed in the Issuer's Current Report on Form 8-K filed with the SEC on May 8, 2020.

F2: Reflects the effect of a 1-for-200 reverse stock split executed on April 14, 2020, as disclosed in the Issuer's Form 10-K/A filed with the SEC on April 29, 2020 and in other SEC filings.

F3: Reflects an adjustment to the non-qualified stock options, including the exercise price and number of underlying common shares, resulting from the Issuer's 1-for-200 reverse stock split effective as of April 14, 2020.

F4: Reflects the forfeiture of 100% of the Reporting Person's outstanding non-qualified stock options.