David E. Sheppard - Aug 29, 2023 Form 4 Insider Report for DENBURY INC (DEN)

Role
EVP and COO
Signature
/s/ Robbie Hudson, attorney-in-fact for Mr. Sheppard
Stock symbol
DEN
Transactions as of
Aug 29, 2023
Transactions value $
$7,436
Form type
4
Date filed
8/31/2023, 05:22 PM
Previous filing
Mar 9, 2023
Next filing
Nov 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DEN Common Stock Options Exercise $7.44K +210 +0.14% $35.41 149K 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 -347 -100% $0.00* 0 Aug 29, 2023 Common Stock 347 $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. Sheppard exercised his aggregate holdings of 347 Series B Warrants on a cashless basis at the exercise price of $35.41 per share, resulting in a net issuance to Mr. Sheppard of 210 shares of Denbury Inc. common stock, in accordance with the Series B Warrant Agreement, dated September 18, 2020.