Michael Sabol - 13 Jan 2023 Form 4 Insider Report for Vitesse Energy, Inc. (VTS)

Role
VP - SEC & Financial Reporting
Signature
/s/ Christopher I. Humber, Attorney-in-Fact for Michael Sabol
Issuer symbol
VTS
Transactions as of
13 Jan 2023
Net transactions value
$0
Form type
4
Filing time
17 Jan 2023, 20:35:17 UTC
Previous filing
06 Jan 2023
Next filing
01 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VTS Common Stock Award +17,125 17,125 13 Jan 2023 Direct F1
transaction VTS Common Stock Award $0 +40,000 +234% $0.000000 57,125 13 Jan 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities were received in exchange for 25,000 Vitesse Energy, LLC management incentive units in connection with the merger of Vitesse Energy, LLC with VE MergerSub LLC, a wholly owned subsidiary of Vitesse Energy, Inc.
F2 Represents unvested restricted stock units, each of which represents a contingent right to receive one share of common stock. The restricted stock units will vest, subject to continued employment through such date, one-half on January 13, 2025, one-quarter on January 13, 2026 and one-quarter on January 13, 2027.

Remarks:

VP - SEC & Financial Reporting