Paul D. McKinney - 17 Jun 2021 Form 4 Insider Report for RING ENERGY, INC. (REI)

Role
CEO and Chairman of the Board
Signature
/s/ Paul D. Mckinney
Issuer symbol
REI
Transactions as of
17 Jun 2021
Net transactions value
+$799,999
Form type
4
Filing time
21 Jun 2021, 21:54:22 UTC
Next filing
24 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REI Restricted Stock Award $799,999 +286,738 +85% $2.79 622,438 17 Jun 2021 Direct F1, F2
holding REI Common Stock 35,700 17 Jun 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units vest over a period of three (3) years, such vesting period to begin on June 17, 2021.
F2 300,000 shares were omitted due to a clerical error in the Reporting Person's previously filed Form 4. That error has been corrected in this Form 4.