James Caldwell Flores - Apr 19, 2024 Form 4 Insider Report for Sable Offshore Corp. (SOC)

Role
President
Signature
/s/ Gregory D. Patrinely, Attorney-in-Fact
Stock symbol
SOC
Transactions as of
Apr 19, 2024
Transactions value $
$0
Form type
4
Date filed
4/30/2024, 06:24 PM
Previous filing
Feb 16, 2024
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOC Common Stock Award $0 +650K +904.35% $0.00 722K Apr 19, 2024 Direct F1
holding SOC Common Stock 350K Apr 19, 2024 By Family LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock that will vest upon the earlier of either first production of the Santa Ynez Unit or three years post-closing of the Issuer's acquisition of the Santa Ynez Unit.
F2 The Reporting Person's prior Form 4 incorrectly reported that the Reporting Person directly acquired 300,000 shares of Common Stock, when, in fact, the shares were acquired by the Reporting Person's Family LLC.