ALLEN MARK C - 29 Aug 2023 Form 4 Insider Report for DENBURY INC

Role: Executive VP & CFO
Signature: /s/ Robbie Hudson, attorney-in-fact for Mr. Allen
Issuer symbol: N/A
Transactions as of: 29 Aug 2023
Net transactions value: +$49,220
Form type: 4
Filing time: 31 Aug 2023, 17:20:14 UTC
Previous filing: 05 Jul 2023
Next filing: 08 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DEN	Common Stock	Options Exercise	$49,220	+1,390	+0.48%	$35.41	291,351	29 Aug 2023	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	DEN	Series B Warrants (Right to Buy)	Options Exercise	$0	-2,298	-64%	$0.000000	1,299	29 Aug 2023	Common Stock	2,298	$35.41	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On August 29, 2023, Mr. Allen exercised 2,298 Series B Warrants on a cashless basis at the exercise price of $35.41 per share, resulting in a net issuance to Mr. Allen of 1,390 shares of Denbury Inc. common stock, in accordance with the Series B Warrant Agreement, dated September 18, 2020.