Gregory S. Patton - 13 Aug 2025 Form 4 Insider Report for Prairie Operating Co. (PROP)

Role: EVP and CFO
Signature: /s/ Gregory S. Patton
Issuer symbol: PROP
Transactions as of: 13 Aug 2025
Net transactions value: $0
Form type: 4
Filing time: 15 Aug 2025, 17:01:31 UTC
Previous filing: 06 Jun 2025
Next filing: 28 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Patton Gregory Scott	EVP and CFO	55 WAUGH DRIVE, SUITE 400, HOUSTON	/s/ Gregory S. Patton	15 Aug 2025	0002063732

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PROP	Common Stock	Award	$0	+665,000	+510%	$0.000000	795,519	13 Aug 2025	Direct	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	PROP	Performance Units	Award	$0	+665,000		$0.000000	665,000	13 Aug 2025	Common Stock	665,000		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") granted under the 2024 Amended & Restated Prairie Operating Co. Long-Term Incentive Plan (as amended, the "LTIP"). Each RSU represents a contingent right to receive, upon vesting, one share of common stock, par value $0.01 per share ("Common Stock"), of Prairie Operating Co. (the "Issuer"). The 665,000 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on March 26, 2026.
F2	Represents an award of performance units representing a contingent right to receive one share of Common Stock per performance unit. Between 50% and 200% of the target number of performance units granted, which were granted under the LTIP, are eligible to vest during a three-year performance period beginning on January 1, 2025 and ending on December 31, 2027 based on continued employment and the Issuer's relative total shareholder return in comparison to the total shareholder return performance among the Performance Peer Group (as defined in the award agreement).

Content

Represents restricted stock units ("RSUs") granted under the 2024 Amended & Restated Prairie Operating Co. Long-Term Incentive Plan (as amended, the "LTIP"). Each RSU represents a contingent right to receive, upon vesting, one share of common stock, par value $0.01 per share ("Common Stock"), of Prairie Operating Co. (the "Issuer"). The 665,000 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on March 26, 2026.

Represents an award of performance units representing a contingent right to receive one share of Common Stock per performance unit. Between 50% and 200% of the target number of performance units granted, which were granted under the LTIP, are eligible to vest during a three-year performance period beginning on January 1, 2025 and ending on December 31, 2027 based on continued employment and the Issuer's relative total shareholder return in comparison to the total shareholder return performance among the Performance Peer Group (as defined in the award agreement).