Scott D. Kaufman - Mar 30, 2022 Form 4 Insider Report for Creek Road Miners, Inc. (CRKR)

Role: CEO and President, Director, 10%+ Owner
Signature: /s/ Scott D. Kaufman
Stock symbol: CRKR
Transactions as of: Mar 30, 2022
Transactions value $: -$51,100
Form type: 4
Date filed: 4/1/2022, 05:22 PM
Previous filing: Apr 1, 2022
Next filing: Apr 12, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRKR	Common Stock	Sale	-$19K	-7K	-0.58%	$2.71^*	1.2M	Mar 31, 2022	Direct
transaction	CRKR	Common Stock	Sale	-$29K	-11K	-0.91%	$2.63^*	1.2M	Mar 31, 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CRKR	Series A Preferred Stock	Options Exercise		-6.25K	-50%		6.25K	Mar 30, 2022	Common Stock	357K	$0.00	Direct	F1
transaction	CRKR	Convertible Debenture	Conversion of derivative security	-$1.93K				$2.5M	Mar 30, 2022	Common Stock	11K	$0.18	See Footnote 3.	F2, F3
transaction	CRKR	Convertible Debenture	Conversion of derivative security	-$1.23K				$2.5M	Mar 31, 2022	Common Stock	7K	$0.18	See Footnote 3.	F2, F3
holding	CRKR	Series A Preferred Stock						6.25K	Mar 30, 2022	Common Stock	357K		Direct	F1
holding	CRKR	Options						2.63M	Mar 30, 2022	Common Stock	2.63M	$2.65	Direct	F4
holding	CRKR	Options						37.5K	Mar 30, 2022	Common Stock	37.5K	$0.25	Direct
holding	CRKR	Convertible Debenture						$2.5M	Mar 30, 2022	Common Stock	14.3M	$0.18	See Footnote 3.	F3
holding	CRKR	Warrant						4.29M	Mar 30, 2022	Common Stock	4.29M	$0.18	See Footnote 3.	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of Series A Preferred Stock (the "Preferred Stock") is convertible into a number of shares of common stock determined by dividing the stated value of each share of Preferred Stock (currently $10) by the conversion price then in effect (currently $0.175). The Preferred Stock does not expire.
F2	The dollar face amount of the Debenture is convertible into shares of common stock at the conversion price then in effect (currently $0.175).
F3	Securities held by Barlock 2019 Fund, LP, an entity over which Scott Kaufman has managerial control.
F4	Options granted pursuant to incentive and award plans. 25% of the options vest when the common share VWAP computed over 30 trading days reaches $2.50, $3.00, $3.50 and $4.00.