Gregory Phillip Pipkin - 22 Aug 2023 Form 4 Insider Report for Flame Acquisition Corp. (SOC)

Role
Director
Signature
/s/ Gregory D. Patrinely, Attorney-in-Fact
Issuer symbol
SOC
Transactions as of
22 Aug 2023
Net transactions value
+$1,000,000
Form type
4
Filing time
16 Feb 2024, 19:57:07 UTC
Next filing
30 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOC Common Stock Conversion of derivative security +71,875 +479% 86,875 22 Aug 2023 Direct F1, F2
transaction SOC Common Stock Purchase $1,000,000 +100,000 +103% $10.00 196,875 14 Feb 2024 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 SOC Class B Common Stock Conversion of derivative security $0 -71,875 -100% $0.000000* 0 22 Aug 2023 Common Stock 71,875 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the closing of the Issuer's business combination, each share of Class A Common Stock of Flame Acquisition Corp. was reclassified as Common Stock of the Issuer.
F2 On August 22, 2023, all outstanding Class B Common Stock automatically converted into Class A Common Stock at on a one-for-one basis.