William R. Kruse - Jul 14, 2021 Form 4 Insider Report for RING ENERGY, INC. (REI)

Role: 10%+ Owner
Signature: /s/ William R. Kruse
Stock symbol: REI
Transactions as of: Jul 14, 2021
Transactions value $: $2,793,900
Form type: 4
Date filed: 7/16/2021, 04:25 PM
Next filing: Jul 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REI	Common Stock, par value $0.001	Purchase	$1.96M	+700K	+6.63%	$2.80	11.3M	Jul 14, 2021	Direct	F1
transaction	REI	Common Stock par value $0.001	Purchase	$834K	+310K	+2.75%	$2.69	11.6M	Jul 15, 2021	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.71 to $2.859 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.
F2	The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.639 to $2.739 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

Content

The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.71 to $2.859 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.639 to $2.739 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.