Joel Lynn Riddle - Jun 26, 2024 Form 3 Insider Report for Tamboran Resources Corp (TBN)

Signature
/s/ Eric Dyer, Attorney-in-Fact
Stock symbol
TBN
Transactions as of
Jun 26, 2024
Transactions value $
$0
Form type
3
Date filed
6/26/2024, 07:23 PM
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TBN Common Stock 1.64K Jun 26, 2024 Direct F1
holding TBN Common Stock 20.4K Jun 26, 2024 By Top Gun Nominees Pty Ltd. F1

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
holding TBN Stock Option Jun 26, 2024 Common Stock 16.3K $0.25 Direct F2
holding TBN Stock Option Jun 26, 2024 Common Stock 27.5K $0.18 Direct F2
holding TBN Stock Option Jun 26, 2024 Common Stock 55K $0.31 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of Common Stock of the Issuer underlying Chess Depository Interests ("CDIs"). The CDIs are traded on the Australian Securities Exchange ("ASX") and are convertible into shares of Common Stock of the Issuer on a 200-for-1 basis.
F2 The stock option is fully vested and exercisable.
F3 The stock option vests in four equal tranches if the Issuer's 90-day trailing volume-weighted average price of a CDI on ASX per share equals or exceeds $0.78, $1.17, $1.55 or $1.94 (converted to U.S. dollars using a conversion rate of A$1.00 to $0.777).

Remarks:

Exhibit 24 - Power of Attorney.