Doss R. Bourgeois - Oct 11, 2024 Form 4 Insider Report for Sable Offshore Corp. (SOC)

Signature
/s/ Gregory D. Patrinely, Attorney-in-Fact
Stock symbol
SOC
Transactions as of
Oct 11, 2024
Transactions value $
-$882,490
Form type
4
Date filed
10/16/2024, 06:22 PM
Previous filing
May 22, 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 Sale -$55.5K -6.01K -6.01% $9.24 94K Oct 11, 2024 Common Stock 6.01K $11.50 Direct F1
transaction SOC Warrants Sale -$91K -9.39K -9.99% $9.69 84.6K Oct 11, 2024 Common Stock 9.39K $11.50 Direct F2
transaction SOC Warrants Sale -$174K -18.5K -21.89% $9.38 66.1K Oct 14, 2024 Common Stock 18.5K $11.50 Direct F3
transaction SOC Warrants Sale -$16.3K -1.68K -2.55% $9.70 64.4K Oct 14, 2024 Common Stock 1.68K $11.50 Direct F4
transaction SOC Warrants Sale -$99K -11.9K -18.48% $8.32 52.5K Oct 15, 2024 Common Stock 11.9K $11.50 Direct F5
transaction SOC Warrants Sale -$447K -52.5K -100% $8.51 0 Oct 16, 2024 Common Stock 52.5K $11.50 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 8 is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $8.48 to $9.47. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth in this footnote.
F2 The price reported in Column 8 is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $9.50 to $10.17. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 8 is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $8.68 to $9.67. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 8 is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $9.68 to $9.77. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 8 is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $7.98 to $8.86. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth in this footnote.
F6 The price reported in Column 8 is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $7.98 to $8.95. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth in this footnote.