Furthermore, he is a member of the Global Leadership Council at the Offutt School of Business of Concordia College, Moorhead. number or term of directors; (e) Any material change in the present capitalization or dividend policy of the Issuer; (f) Any other material change in the Issuers business or corporate structure; (g) Changes in the Issuers charter, bylaws or instruments corresponding thereto or economic conditions and other factors, purchase additional shares of common stock of the Issuer in the open market, in privately negotiated transactions or otherwise, or sell at any time all or a portion of such shares now owned or hereafter You can do a lot to positively influence your health and prevent or delay the onset of Type 2 diabetes, even when genetics and other factors play a role in its development. The company was renamed Continental Resources twenty-three years later in 1990. She filed for divorce on May 19, 2012,[5][33] but Hamm said that he separated from her in 2005. Preceded in death by parents Goldie Irene and Harold C. Hamm Sr. 405 Magazines Woman of the Year award is designed to honor a woman whose achievements over the past year have fueled groundbreaking progress. Over the next several years, it became a dream that I strove to make come true. Most estimates have stated that Continental Resources was worth around $50million in 1988 when the couple married, which is just a drop in the well when compared to the $20billion behemoth it is today. He is the founder and chairman of Continental Resources In 2012, presidential candidate Mitt Romney named Hamm as his energy advisor, and Hamm donated to and advised Romney's election effort. [26], He was named "Wildcatter of the Year" by Western Energy Alliance in 2015. and They had tied their wedding knots back in April 1988. Shelly Glenn Lambertz, as custodian for Zachary Richard Lambertz, received 1,888 shares of Common Stock in her individual capacity. Source and Amount of Funds or Other Consideration. spouse. The Shelly Glenn Lambertz Succession Trust and Deana Ann Cunningham Succession Trust each [18], The Harold Hamm Diabetes Center at the University of Oklahoma was named after Hamm, who has type 2 diabetes. Judge Cindy Truong has been a mentor of mine and she is constantly supporting, encouraging and challenging me to push myself outside of my comfort zone in order to achieve things I did not think I could do. of Common Stock. You must have JavaScript enabled to fill out this form. is a daughter of Harold G. Hamm. However, on May 19, 2012, Sue filed for divorce. After their wedding, the two honeymooned in Playa del Carmen, Mexico, at Rosewood Mayakoba resort, a pricey and private resort. and certain trusts (the Parties) have agreed to certain obligations, including, among other things, (i)certain acquisitions and dispositions of shares of Common Stock held by the Parties require the approval of a It is uncertain if both Mr. Hamm and Miss Arnall attended their daughter's wedding, though mother and daughter were in conversation on Twitter in the days following as Miss Arnall checked in with her daughter following the wedding, making it appear that the mother of the bride was in attendance for the big day. Harold Hamm loved three things equally: his family, his friends, and flying. Concordia. Lambertz Trust II. Reuters Deana Ann Cunningham Trust II, each of Roger Clement and Deana Ann Cunningham has executed the First Amendment, dated as of February7, 2022, to the Security Agreement, dated July1, 2020, by and between the Trustees of the 2015 Deana Ann JC Penney celebrates its one-year anniversary of Hope and Wonder, its private brand label for Black History Month. Due to Reflects change since 5 pm ET of prior trading day. President Volodymyr Zelensky said he's instructed authorities to investigate the circumstances of the crash. I next wrote a thesis in high school about petroleum and discovered I wanted to become an explorationist. That old well that had blown out turned out to be just on the edge of that field. It was redrilled, and it produced quite a bit of oil over a long period of time, but they never quite figured out the zone--in other words, the depth--from which the oil had come. Harold Hamm hosted a welcome home party for his daughter and her husband, Jane and Tom Lerum. All relationship and family history information shown on FameChain has been compiled from data in the public domain. This story appears in the December 23, 2012 issue of ForbesLife. That aforementioned $9billion fortune of Mr. Hamm's was in fact a $20billion fortune as recently as August, with the oil baron forced to watch over half his worth slip away due to a drop in the price of crude oil. Sean McVay. Jackson Alexander White received 1,888 shares of Common Stock in his individual capacity. He founded Continental Resources in 1967 with just $10,000, and it has since grown into one of the largest oil companies in the United States. This as Miss Arnall has taken ownership of the Oak Ridge Ranch in Carmel, California, a property purchased by the couple in 2011 for $14.7million, along with the couple's two of their Oklahoma properties, as per the court's ruling. This fund aims to achieve racial equity through a number of different grant initiatives. Mr. Hamm had over the course of their marriage grown to become one of the richest men in the world, a far cry from his youth and a true embodiment of the American dream. A copy is attached hereto as She is (i)co-trustee and primary beneficiary of the2015 Jane Hamm Lerum Trust I and 2015 Jane Hamm Lerum Trust II and (ii)sole beneficiary of the Jane Elizabeth Hamm 2005 Irrevocable Trust. (e) Each of the Reporting Persons is a citizen of the United States. Oil wildcatter Harold Hamm to step aside at company he founded 52 years ago The Oklahoma native once famously wrote his ex-wife a check for nearly $1 billion to settle their divorce. Mr.Clement bears voting and dispositive power with respect to 167,526 shares of Common Stock in his capacity as sole and independent trustee of the Jane Elizabeth Hamm 2005 Irrevocable Trust and Hilary Hamm 2005 Irrevocable Trust. Miss Arnalls lawyers contend however that Judge Haralson miscalculated what was due to her by attributing only a small portion of a $14billion rise in the value of Mr. Hamm's Continental shares during the marriage - 6 percent. He was born in Lexington, Oklahoma, the United States to his loving father Leland Albert Hamm, and his caring mother Jane Elizabeth. The percentages used herein are calculated based on the Outstanding Shares. Seek mentorship and do not be afraid to ask someone you trust to mentor you. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Type above and press Enter to search. Before joining the Company as an employee, she served as the Chief Operating Officer at Hamm Capital, a family investment and advisory firm based in Oklahoma City, from August 2011 to October 2018. Harold Hamm loved three things equally: his family, his friends, and flying. Common Stock. He was pedaling a potter's wheel there on the stage. It turned out to be the 6-million-barrel Oakdale field. Follow story Receive email updates when there are changes to this story. Harold G. Hamm. I noticed that in drilling down to their deeper objectives, the wells drilled through a zone with high permeability--that is, a zone that fluids can flow through, that can either take fluids or give them up. In fact, for my first few years, I didn't find much of anything. Legal Proceedings is Required Pursuant to Items 2(D) or 2(E), Aggregate Amount Beneficially Owned by Each Reporting Person, Check if the Aggregate Mr. Hamm also hosted a fundraiser at his $4.6 million Nichols Hills, Oklahoma mansion for the Republican candidate, which raised more than $2million. JANE ELIZABETH HAMM 2005 IRREVOCABLE TRUST. Harold Glenn Hamm is an American entrepreneur in the oil and gas business. Gay, Education, Girlfriend, Who is James Frain? Continental Resources is now one of the leading companies operating in the Bakken, with a production capacity of more than 200,000 barrels per day. The oil people there were different--charismatic, bigger than life. Harold Hamm's Net Worth & Salary in 2022. There shouldn't be any limits. But you don't just start off in this business with a home run. The Harold Hamm Diabetes Center at the University of Oklahoma was named after him. In 2012, Mr. Hamm became a big part of Mitt Romney's presidential campaign when he was appointed energy adviser, a gesture he thanked thepoliticianfor by donating $985,000 to the pro-Romneysuper PACRestore Our Future. (adsbygoogle = window.adsbygoogle || []).push({}); Hamm has been married three times. among the members of Harold Hamm Family LLC, an Oklahoma limited liability company (HHF), on February7, 2022, all shares of Common Stock owned by HHF were distributed by HHF by way of a pro rata dividend to its An Oklahoma family winery in California sold this week to another family with Oklahoma connections. Hamm Children - Tom, Shelly, Deana, Hilary & Jane Harold has 5 children from his two marriages, a son and four daughters.Tom Hamm is the only son of Harold Hamm. From 1999 to 2005, Ms. Lambertz was the Executive Director of the YWCA in Enid, OK. co-trustee of the 2015 Shelly Glenn Lambertz Trust II, each of Roger Clement and Shelly Glenn Lambertz has executed the First Amendment, dated as of February7, 2022, to the Security Agreement, dated Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Harold Thomas Hamm has executed the First Amendment, dated as of February7, 2022, to the Security Agreement, dated July1, 2020, by and between the Trustees of the 2015 Harold Thomas Hamm Trust II and the Trustee of the Revocable Inter Since Tom Brady and Aaron Rodgers also make enough to help pay down the national debt, they're like McVay: They aren't going anywhere from the NFL. View guestbook. Jane Hamm, the oldest daughter of Harold Hamm and his ex-wife Sue Ann Arnall was married in October at the Grand Del Mar resort in San Diego The wedding occurred as her parents were in the. I was very fortunate growing up with parents that were, and are, immensely successful and who chose to use their positions and resources to give back and help others in a variety of ways. 2. Deana Ann Cunningham has sole voting and dispositive power with respect to 85,258 shares of Common Stock, including the 83,658 shares of [2] As of February4, 2022[update], Hamm's net worth is estimated to be US$49.3billion, making him the 63rd wealthiest person in the world. Today, the company that I founded, Continental Resources, has the biggest position in the Bakken. This story appears in the December 23, 2012 issue of ForbesLife. received 83,658 shares of Common Stock. Miss Arnall, who worked as a lawyer for Continental when she and Mr. Hamm married, and went on to take a series of executive roles at the company, also claims that Judge Haralson undervalued her own contributions to the couples wealth. Harold Hamm's son is Tom HammHarold Hamm's daughter is Shelly LambertzHarold Hamm's daughter is Deana CunninghamHarold Hamm's daughter is Jane LerumHarold Hamm's daughter is Hillary Hamm. He attended a local high school. July1, 2020, by and between the Trustees of the 2015 Shelly Glenn Lambertz Trust II and the Trustee of the Revocable Inter Vivos Trust of Harold G. Hamm, under which the 2015 Shelly Glenn Lambertz Trust II has pledged its shares of Common This cast me into a totally different environment. During the trial it was argued that Continentals growth stemmed mostly from passive factors, such as rising oil prices, and, under Oklahoma law, only the 'active' portion of wealth accrued during marriage in previously acquired assets is subject to division. the Securities Exchange Act of 1934, as amended (Act), or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). The crux of the argument though comes down to how much money the company and Mr. Hamm made beginning in 1988, the year he and Miss Arnall were married. He resides in Oklahoma City, Oklahoma. Common Stock beneficially owned in her capacity as trustee of the Deana Ann Cunningham Succession Trust and the 1,600 shares of Common Stock she owns directly. 10-Q filed with the SEC on November3, 2021, adjusted for 1,282,502 shares of Common Stock since repurchased by the Issuer pursuant to the Issuers previously announced share repurchase program. [8] Hamm is a member of the Global Leadership Council at the Offutt School of Business of Concordia College, Moorhead. That's what it should all be about. Apart from spending his energy on business related ventures, he remains politically involved and supported Mitt Romney in his presidential campaign of 2012 against Barack Obama. In 1967, he founded Continental Resources with $10,000 of his own money. Harold Hamm has been married twice and has had the same number of divorces, so far. In addition to her work with Oklahoma County, Lerum recently helped establish the OKC Black Justice Fund. (d) During the last five years, none of the Reporting Persons nor, to the knowledge of each of the Reporting Persons, has any of the Reporting [18] To create the center, the Harold and Sue Ann Hamm Foundation donated $10 million. [2][9] Continental Resources, known for its use of shale oil, is Oklahoma's fourth-largest public company. And that put me into the mode of learning. Furthermore, Leland would work really hard for providing for the family because the family had a limited source of income. Lerum was appointed the countys first deputy commissioner and Criminal Justice Reform Policy Director. Back then, I knew a little bit about what I didn't know. Dan Cathy Chick Fil A, Bio, Wiki, Age, Wife, House, And Net Worth, Jeff Wilpon Businessman, Bio, Wiki, Age, Height, Wife, Daughter, and Net Worth, Copyright 2023 | WordPress Theme by MH Themes, List of States in the US, Alphabetical list of States in the U.S., and Abbreviation of States in United States. A judge ruled that she would receive $1 billion but Sue rejected the settlement appealing a greater sum. Wife, Net Worth, Married, Parents, Relationship. A Fresh Reading Of Exxons Predictions Of Global Warming And Climate Change From 40 Years Ago. Hilary Honor Hamm beneficially owns 42,328,937 shares of Common Stock, or 11.6% of the outstanding shares of Common Stock. Jane Hamm, whose mother Sue Ann Arnall just received the second highest divorce settlement in United States history from her husband, and Jane's father, Harold Hamm, wedThomas Lerum at theGrand Del Mar resort and hotel in San Diego, California. Shale pioneer Harold Hamm has hit out at the U.S.'s oil deal with Venezuela, saying it marked a new sign of "desperation" from the administration of Joe Biden as it tries to beat back fuel inflation. Harold was born on December 11, 1945, in Lexington, Oklahoma, United States. Please read Item 3 for an explanation of the Transaction (as defined in Item 3), which resulted in Roger Clement shares voting and dispositive power with Deana Ann Cunningham, as co-trustee, to direct The foregoing summary of the Shareholders Agreement does not purport to be complete and is qualified in its entirety by reference to the HAROLD HAMM . She is (i)co-trustee and primary beneficiary of the 2015 Hilary Hamm Trust I and 2015 Hilary Hamm Trust II and (ii)sole beneficiary of the Hilary Hamm 2005 Irrevocable Trust. Harold became a billionaire when Continental Resources grew into a major oil producer. So there I was, plopped down in the middle of an oil town. result of their beneficial ownership. After school, I hope to continue working on bettering our community through public service and philanthropy. Harold Thomas Hamm is a self-employed business owner. We are no longer accepting comments on this article. Power of Attorney for Jane Elizabeth Hamm Lerum regarding filings under Sections 13 and 16(a) of the Securities Exchange Act of 1934, as amended. It's harder, but we're still finding oil in Oklahoma today. The marriage lasted 26 years and they filed for divorce in 2014. He was born on December 11, 1945, in Lexington, Oklahoma, United States. They had 8 children: John D Hamm, Vivian N Hamm and 6 other children. He is known for extracting shale oil resources. You know, the NFLs highest-paid coach who earns somewhere between $15 million and $18 million per year? members (theTransaction). Stock as collateral for an existing note that was previously used to acquire membership interests in HHF. [14], At the 2016 Republican National Convention, Hamm criticized the Obama administration's energy policies,[15] claiming that President Barack Obama was "burdening oil companies with greater regulations" so that gasoline prices would spike. They have a total of 3 children together. He made his 13700 million dollar fortune with CEO of Continental Resources. 405 Magazine's Woman of the Year award is designed to honor a woman whose achievements over the past year have fueled groundbreaking progress. Amount in Row (11)Excludes Certain Shares, Percent of Their divorce was finalized in 2015 and Sue Ann received a total of 975 million USD in settlement. relate to or would result in any of the following actions: (a) The acquisition by any person of additional securities of the Issuer, or Please read Item 3 for an explanation of the Transaction (as defined in Item 3), which resulted in My reason for mentioning these men is their generosity. They were however divorced back in the year 1987. all shares of Common Stock and (iii)customary tag-along and drag-along rights. person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. His father was a sharecropper and his mother was a homemaker. He is the youngest of 13 children. Harold is 76 years old. But my first hit came when I was 25, in 1971, when I made my first . It is believed to be correct at the time of inputting and is presented here in good faith. The 2015 Hilary Hamm Trust II and 2015 Jane Hamm Lerum Trust II each In 1966, after finding a cosigner for my note, I had my first company, Harold Hamm Tank Trucks (a very original name, don't you think?). 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