William R. Kruse - Nov 10, 2022 Form 4/A - Amendment Insider Report for RING ENERGY, INC. (REI)

Role
10%+ Owner
Signature
/s/ William R. Kruse
Stock symbol
REI
Transactions as of
Nov 10, 2022
Transactions value $
$0
Form type
4/A - Amendment
Date filed
11/15/2022, 08:33 AM
Date Of Original Report
Nov 14, 2022
Previous filing
Aug 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding REI Common Stock, par value $0.001 13.8M Nov 10, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

William R. Kruse is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Based upon the information provided by the Issuer as a result of the conversion of preferred shares of the Company to common shares as described in the Form 8-K filed by the Issuer, the Issuer now has 174,411,333 common shares issued and outstanding (confirmed on the Issuer's 10-Q filed on November 10, 2022) and the number of shares reported is that owned by reporting persons immediately after the conversion. Thus, the reporting persons no longer are the owners of 10% or more of the outstanding common shares of the Issuer, and are no longer subject to reporting requirements under Section 16.

Remarks:

The date of the earliest transaction on this Form 4 is the date that reporting person first had access to the public filings of Issuer indicating that the total outstanding shares were 174,411,333 following the conversion noted in footnote 1 and thus reporting persons were no longer owners of 10% or more of the shares of the Issuer. Reporting person is not, and has not been, an officer or director of Issuer. This amendment is filed as the original filing to which this relates inadvertently listed William T. Kruse as the Additional Reporting Owner. The correct Additional Reporting Person is Deborah L. Kruse. William T. Kruse has no interest in these shares and was listed by mistake.