Michael L. Hollis - Nov 30, 2021 Form 4 Insider Report for HighPeak Energy, Inc. (HPK)

Role: President, Director
Signature: /s/ Steven W. Tholen as Attorney in Fact for Michael L. Hollis
Stock symbol: HPK
Transactions as of: Nov 30, 2021
Transactions value $: $100,968
Form type: 4
Date filed: 12/2/2021, 06:12 PM
Previous filing: Nov 24, 2021
Next filing: Dec 7, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPK	Common Stock, par value $0.0001 per share	Purchase	$37.1K	+2.8K	+1.54%	$13.25	185K	Nov 30, 2021	Direct	F1
transaction	HPK	Common Stock, par value $0.0001 per share	Purchase	$29K	+2.2K	+1.19%	$13.17	187K	Dec 2, 2021	Direct	F2

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	$11.3K	+2.54K	+7.44%	$4.45	36.7K	Nov 30, 2021	Common Stock, par value $0.0001 per share	2.54K	$11.50	Direct	F3
transaction	HPK	Warrants (right to buy)	Purchase	$8.31K	+1.85K	+5.03%	$4.50	38.5K	Dec 1, 2021	Common Stock, par value $0.0001 per share	1.85K	$11.50	Direct	F4
transaction	HPK	Warrants (right to buy)	Purchase	$15.3K	+3.4K	+8.83%	$4.49	41.9K	Dec 2, 2021	Common Stock, par value $0.0001 per share	3.4K	$11.50	Direct	F5

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

Explanation of Responses:

Id	Content
F1	These shares of common stock were purchased in multiple transactions at a price of $13.25 per share.
F2	The price reported in Column 4 is a weighted average price. These shares of common stock were purchased in multiple transactions at prices ranging from $13.13 to $13.25, 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 shares of common stock purchased at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3	The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $4.42 to $4.50, 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 (3) and (5) to this Form 4.
F4	These warrants were purchased in multiple transactions at a price of $4.50 per warrant.
F5	The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $4.44 to $4.50, inclusive.