Phil E. Mulacek - 09 Jun 2022 Form 4 Insider Report for EMPIRE PETROLEUM CORP (EP)

Signature
/s/ Phil E. Mulacek
Issuer symbol
EP
Transactions as of
09 Jun 2022
Net transactions value
+$30,000
Form type
4
Filing time
13 Jun 2022, 17:06:18 UTC
Previous filing
27 May 2022
Next filing
31 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EP Common Stock Exercise of in-the-money or at-the-money derivative security $30,000 +15,000 +100% $2.00* 30,000 09 Jun 2022 By spouse F1
holding EP Common Stock 2,161,021 09 Jun 2022 Direct F1
holding EP Common Stock 424,500 09 Jun 2022 By Petroleum Independent & Exploration LLC F1
holding EP Common Stock 378,750 09 Jun 2022 By Big Red Revocable Trust F1
holding EP Common Stock 328,750 09 Jun 2022 By Five Sterling LP 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
transaction EP Common Stock Warrant (Right to Buy) Exercise of in-the-money or at-the-money derivative security $0 -15,000 -100% $0.000000* 0 09 Jun 2022 Common Stock 15,000 $2.00 By spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As adjusted to give effect to Empire's 1-for-4 reverse common stock split which became effective on March 7, 2022.