Phil E. Mulacek - Apr 22, 2024 Form 4/A Insider Report for EMPIRE PETROLEUM CORP (EP)

Role
Director, 10%+ Owner
Signature
/s/ Phil E. Mulacek
Stock symbol
EP
Transactions as of
Apr 22, 2024
Transactions value $
$39,685
Form type
4/A
Date filed
6/20/2024, 04:33 PM
Date Of Original Report
Apr 24, 2024
Previous filing
Dec 1, 2023
Next filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EP Common Stock Options Exercise $39.7K +7.94K +25.83% $5.00 38.7K Apr 22, 2024 By spouse F1, F2

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 Subscription Rights (right to buy) Options Exercise $0 -30.7K -100% $0.00* 0 Apr 22, 2024 Common Stock 7.94K $5.00 By spouse F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's common stock purchased by the reporting person's spouse following the exercise of subscription rights, including over-subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").
F2 This amendment is being filed to correct the number of shares purchased by the reporting person's spouse in the Rights Offering, the number of shares beneficially owned by the reporting person's spouse following the Rights Offering and the number of subscription rights disposed of by the reporting person's spouse.
F3 Represents the exercise price of $5.00 per whole share of common stock in the Rights Offering.
F4 Each holder of common stock of record as of March 7, 2024 received one right for each share of common stock, and each right carried with it a basic subscription right, which entitled the holder to purchase 0.161 of a share of common stock, and an over-subscription right, which entitled holders that exercised their basic subscription rights in full to subscribe for additional shares of common stock that were not purchased by other stockholders pursuant to their basic subscription rights, subject to proration. Includes shares purchased pursuant to the exercise of over-subscription rights in connection with the Rights Offering.