Michael E. Dillard - 25 Oct 2024 Form 4 Insider Report for Sable Offshore Corp. (SOC)

Role: Director
Signature: /s/ Gregory D. Patrinely, Attorney-in-Fact
Issuer symbol: SOC
Transactions as of: 25 Oct 2024
Net transactions value: -$1,225,881
Form type: 4
Filing time: 29 Oct 2024, 21:48:02 UTC
Previous filing: 30 Apr 2024
Next filing: 29 Apr 2025
SEC: View on sec.gov

Key filing fact

Michael E. Dillard filed Form 4 for Sable Offshore Corp. (SOC) on 29 Oct 2024.

Key facts

This page summarizes Michael E. Dillard's Form 4 filing for Sable Offshore Corp. (SOC).
3 reported transactions and 2 derivative rows are listed below.
Filing timestamp: 29 Oct 2024, 21:48.

Change

Previous filing in this sequence was filed on 30 Apr 2024.
Current net transaction value: -$1,225,881.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported transactions

SOC transaction

Common Stock

Exercise of in-the-money or at-the-money derivative security

Transaction value: $3,080,240
Shares: +267,847
Change %: +173%
Price: $11.50
Shares after: 422,500
Date: 28 Oct 2024
Ownership: Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

SOC transaction Derivative

Warrants

Sale

Transaction value: $1,225,881
Shares: -134,653
Change %: -28%
Price: $9.10
Shares after: 345,347
Date: 25 Oct 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 134,653
Exercise price: $11.50
Footnotes: F1

SOC transaction Derivative

Warrants

Exercise of in-the-money or at-the-money derivative security

Transaction value: $3,080,240
Shares: -267,847
Change %: -78%
Price: $11.50
Shares after: 77,500
Date: 28 Oct 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 267,847
Exercise price: $11.50

An asterisk next to the price means the reported 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 $9.05 to $9.37. 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.

Content

The price reported in Column 8 is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $9.05 to $9.37. 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.