Anthony Duenner - Feb 14, 2024 Form 4 Insider Report for Flame Acquisition Corp. (SOC)

Signature
/s/ Gregory D. Patrinely, Attorney-in-Fact
Stock symbol
SOC
Transactions as of
Feb 14, 2024
Transactions value $
$0
Form type
4
Date filed
2/16/2024, 04:51 PM
Previous filing
Nov 15, 2023
Next filing
Apr 30, 2024

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 SOC Warrants Award +222K +443.33% 272K Feb 14, 2024 Common Stock 222K $11.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Warrants received in connection with the closing of the Issuer's business combination pursuant to the terms of the Agreement and Plan of Merger, dated as of November 2, 2022 (as amended on December 22, 2022 and June 30, 2023), by and among Flame Acquisition Corp., Sable Offshore Corp. and Sable Offshore Holdings LLC.

Remarks:

EVP, General Counsel & Secretary