Jack Hightower - Nov 15, 2021 Form 4 Insider Report for HighPeak Energy, Inc. (HPK)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Jack Hightower
Stock symbol
HPK
Transactions as of
Nov 15, 2021
Transactions value $
$358,342
Form type
4
Date filed
11/17/2021, 04:15 PM
Previous filing
Nov 8, 2021
Next filing
Nov 22, 2021

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 HPK Warrants (right to buy) Purchase $192K +40.4K +6.74% $4.75 640K Nov 15, 2021 Common Stock, par value $0.0001 per share 40.4K $11.50 Direct F1
transaction HPK Warrants (right to buy) Purchase $102K +20.7K +3.23% $4.94 661K Nov 16, 2021 Common Stock, par value $0.0001 per share 20.7K $11.50 Direct F2
transaction HPK Warrants (right to buy) Purchase $64.2K +12.9K +1.95% $4.99 674K Nov 17, 2021 Common Stock, par value $0.0001 per share 12.9K $11.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $4.30 to $5.00, inclusive. The reporting person undertakes to provide to 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 warrants purchased at each separate price within the ranges set forth in footnotes (1), (2) and (3) to this Form 4.
F2 The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $4.80 to $5.00, inclusive.
F3 The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $4.87 to $5.00, inclusive.