James Chapman - Nov 2, 2023 Form 4 Insider Report for DENBURY INC (DEN)

Role
Director
Signature
/s/ Robbie Hudson, attorney-in-fact for Mr. Chapman
Stock symbol
DEN
Transactions as of
Nov 2, 2023
Transactions value $
$0
Form type
4
Date filed
11/6/2023, 06:15 PM
Previous filing
Aug 10, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DEN Common Stock Disposed to Issuer -34.4K -100% 0 Nov 2, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

James Chapman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On November 2, 2023, pursuant to the Agreement and Plan of Merger, dated July 13, 2023, by and among Denbury Inc. ("Denbury"), Exxon Mobil Corporation ("ExxonMobil") and EMPF Corporation, a wholly owned subsidiary of ExxonMobil ("Merger Sub"), ExxonMobil acquired Denbury in an all-stock transaction through the merger of Merger Sub with and into Denbury (the "Merger"), with Denbury surviving the Merger as a wholly owned subsidiary of ExxonMobil. Effective as of the effective time of the Merger, each share of Denbury common stock, par value $0.001 per share was converted into the right to receive 0.840 of a share of ExxonMobil common stock, without par value.