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

Role
Director
Signature
/s/ Gregory D. Patrinely, Attorney-in-Fact
Stock symbol
SOC
Transactions as of
Oct 25, 2024
Transactions value $
-$1,225,881
Form type
4
Date filed
10/29/2024, 09:48 PM
Previous filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOC Common Stock Exercise of in-the-money or at-the-money derivative security $3.08M +268K +173.19% $11.50 423K Oct 28, 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 Warrants Sale -$1.23M -135K -28.05% $9.10 345K Oct 25, 2024 Common Stock 135K $11.50 Direct F1
transaction SOC Warrants Exercise of in-the-money or at-the-money derivative security -$3.08M -268K -77.56% $11.50 77.5K Oct 28, 2024 Common Stock 268K $11.50 Direct
* 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 $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.