Michael E. Dillard - 18 Nov 2022 Form 4 Insider Report for Flame Acquisition Corp. (SOC)

Reporting relationship: Director
Issuer ticker: SOC
Reported as of: 18 Nov 2022
Net transaction value: +$282,405
SEC form: 4
Accepted by SEC: 22 Nov 2022, 15:10:28 UTC
Next SEC filing: 30 Apr 2024
Source filing: View source filing
Reporting owner signature: s/ Michael Dillard

Key filing fact

Michael E. Dillard filed Form 4 for Flame Acquisition Corp. (SOC) on 22 Nov 2022.

Key facts

This page summarizes Michael E. Dillard's Form 4 filing for Flame Acquisition Corp. (SOC).
3 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 22 Nov 2022, 15:10.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$282,405.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FLME transaction Derivative

Warrants

Purchase

Transaction value: $32,815
Shares: +50,000
Change %
Price: $0.6563^*
Shares after: 50,000
Date: 18 Nov 2022
Ownership: By Rollover IRA
Underlying class: Class A Common Stock
Underlying amount: 50,000
Exercise price: $11.50
Footnotes: F1, F2

FLME transaction Derivative

Warrants

Purchase

Transaction value: $213,570
Shares: +300,000
Change %: +600%
Price: $0.7119^*
Shares after: 350,000
Date: 21 Nov 2022
Ownership: By Rollover IRA
Underlying class: Class A Common Stock
Underlying amount: 300,000
Exercise price: $11.50
Footnotes: F1, F3

FLME transaction Derivative

Warrants

Purchase

Transaction value: $36,020
Shares: +50,000
Change %
Price: $0.7204^*
Shares after: 50,000
Date: 21 Nov 2022
Ownership: By Roth IRA
Underlying class: Class A Common Stock
Underlying amount: 50,000
Exercise price: $11.50
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The warrants will become exercisable, if at all, on the later of 30 days after the completion of the Issuer's initial business combination or 12 months from the closing of the Issuer's initial public offering. The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.

Footnote F2

The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.60 to $0.70. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants purchased at each separate price within the range set forth in this footnote.

Footnote F3

The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.67 to $0.7467. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants purchased at each separate price within the range set forth in this footnote.

Footnote F4

The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.67 to $0.75. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants purchased at each separate price within the range set forth in this footnote.