Robert De Rothschild - Nov 6, 2023 Form 4 Insider Report for PRIMEENERGY RESOURCES CORP (PNRG)

Role
10%+ Owner
Signature
/s/ Robert de Rothschild
Stock symbol
PNRG
Transactions as of
Nov 6, 2023
Transactions value $
-$154,561
Form type
4
Date filed
11/8/2023, 07:13 PM
Previous filing
Nov 2, 2023
Next filing
Nov 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNRG Common Stock, $0.10 par value Sale -$154K -1.44K -0.45% $107.05 318K Nov 6, 2023 See footnote F1, F2
transaction PNRG Common Stock, $0.10 par value Sale -$416 -4 0% $104.00 318K Nov 8, 2023 See footnote F2
holding PNRG Common Stock, $0.10 par value 250 Nov 6, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.00 to $108.505, inclusive. The reporting person undertakes to provide to PrimeEnergy Resources Corporation, any security holder of PrimeEnergy Resources Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 Shares are held of record by Amrace Inc. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.