Allen Mark C - Aug 29, 2023 Form 4 Insider Report for DENBURY INC (DEN)

Role
Executive VP & CFO
Signature
/s/ Robbie Hudson, attorney-in-fact for Mr. Allen
Stock symbol
DEN
Transactions as of
Aug 29, 2023
Transactions value $
$49,220
Form type
4
Date filed
8/31/2023, 05:20 PM
Previous filing
Jul 5, 2023
Next filing
Sep 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DEN Common Stock Options Exercise $49.2K +1.39K +0.48% $35.41 291K Aug 29, 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 -2.3K -63.89% $0.00 1.3K Aug 29, 2023 Common Stock 2.3K $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.