WHITING PETROLEUM CORP - FORM 10-K - EX-10.3 - SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION - February 22, 2018

Attached files

file filename
10-K - WHITING PETROLEUM CORP FORM 10-K, 12-31-2017 - WHITING PETROLEUM CORPwll-20171231x10k.htm
EX-99.2 - REPORT OF CAWLEY, GILLESPIE AND ASSOCIATES, INC., INDEPENDENT PETROLEUM ENGINEER - WHITING PETROLEUM CORPwll-20171231xex99_2.htm
EX-32.2 - WRITTEN STATEMENT OF THE CHIEF FINANCIAL OFFICER - WHITING PETROLEUM CORPwll-20171231xex32_2.htm
EX-32.1 - WRITTEN STATEMENT OF THE CHIEF EXECUTIVE OFFICER - WHITING PETROLEUM CORPwll-20171231xex32_1.htm
EX-31.2 - CERTIFICATION OF THE SENIOR VICE PRESIDENT AND CFO - WHITING PETROLEUM CORPwll-20171231xex31_2.htm
EX-31.1 - CERTIFICATION OF THE PRESIDENT AND CEO - WHITING PETROLEUM CORPwll-20171231xex31_1.htm
EX-23.2 - CONSENT OF INDEPENDENT PETROLEUM ENGINEERS - WHITING PETROLEUM CORPwll-20171231xex23_2.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - WHITING PETROLEUM CORPwll-20171231xex23_1.htm
EX-21 - SIGNIFICANT SUBSIDIARIES OF WHITING PETROLEUM CORPORATION - WHITING PETROLEUM CORPwll-20171231xex21.htm
EX-10.11 - PERFORMANCE SHARE AWARD AGREEMENT - WHITING PETROLEUM CORPwll-20171231xex10_11.htm

Exhibit 10.3

Director Compensation

Effective January 1, 2018, non-employee director compensation is as follows:



 

 

 

 

 

 



 

 

 

 

 

Committee Service



 

 

 

 

 

 

 

 

 

Nominating



 

Board

 

Lead

 

 

 

 

 

and



 

Service (1)

 

Director

 

Audit

 

Compensation

 

Governance

Annual retainer

 

$

 65,000 

 

$

 -

 

$

 -

 

$

 -

 

$

 -

Restricted stock (value), one year vesting

 

 

 157,500 

 

 

- 

 

 

 -

 

 

 -

 

 

 -

Lead annual retainer

 

 

-

 

 

 20,000 

 

 

-

 

 

-

 

 

-

Lead restricted stock (value)

 

 

-

 

 

 15,000 

 

 

-

 

 

-

 

 

-

Committee chair annual retainer

 

 

 -

 

 

 -

 

 

 25,000 

 

 

 15,000 

 

 

 15,000 

Committee chair restricted stock (value)

 

 

 -

 

 

 -

 

 

 25,000 

 

 

 15,000 

 

 

 15,000 

Committee member annual retainer

 

 

 -

 

 

-

 

 

 10,000 

 

 

 5,000 

 

 

 5,000 

Meeting fee

 

 

 1,500 

 

 

 -

 

 

 1,500 

 

 

 1,500 

 

 

 1,500 

                                

(1)James J. Volker will serve as a non-executive Chairman of the Board until the 2018 annual meeting of stockholders, for which he will be paid cash compensation at an annual rate equal to $268,000, payable monthly, in addition to standard board service meeting fees.

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