Scott D. Kaufman - Mar 31, 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 31, 2022
Transactions value $
$0
Form type
4
Date filed
4/12/2022, 05:23 PM
Previous filing
Apr 1, 2022
Next filing
Jul 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CRKR Common Stock 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 Award +3.41K +54.54% 9.66K Mar 31, 2022 Common Stock 195K Direct F1
holding CRKR Series A Preferred Stock 9.66K Mar 31, 2022 Common Stock 552K Direct F1, F2
holding CRKR Options 2.63M Mar 31, 2022 Common Stock 2.63M $2.65 Direct F3
holding CRKR Options 37.5K Mar 31, 2022 Common Stock 37.5K $0.25 Direct
holding CRKR Convertible Debenture $2.5M Mar 31, 2022 Common Stock 14.3M $0.18 See Footnote 4. F4
holding CRKR Warrant 4.29M Mar 31, 2022 Common Stock 4.29M $0.18 See Footnote 4. F4
* 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 6,250 of the Preferred Shares became exercisable on 12/31/2021, and the balance became exercisable on 03/31/2022.
F3 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.
F4 Securities held by Barlock 2019 Fund, LP, an entity over which Scott Kaufman has managerial control.