Pogo Royalty, LLC - 05 Sep 2024 Form 4 Insider Report for HNR Acquisition Corp. (EONR)

Role
10%+ Owner
Signature
/s/ Bayard Friedman, Authorized Person, on behalf of Pogo Royalty, LLC
Issuer symbol
EONR
Transactions as of
05 Sep 2024
Net transactions value
-$13,586
Form type
4
Filing time
09 Sep 2024, 18:36:58 UTC
Previous filing
24 Nov 2023
Next filing
10 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNRA Class A Common Stock Sale $13,586 -8,978 -0.45% $1.51 2,001,022 05 Sep 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $1.50 to $1.57, inclusive. The reporting persons undertake to provide to HNR Acquisition Corp (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 shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 Pogo Royalty beneficially holds (a) 201,022 shares of Class A Common Stock of the Issuer and (b) 1,800,000 shares of Class B Common Stock of the Issuer and an equivalent number of HNRA Upstream, LLC ("OpCo") Class B Units, which together are exchangeable for 1,800,000 shares of Class A Common Stock of the Issuer.