Michael L. Hollis - 30 Nov 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
Issuer symbol: HPK
Transactions as of: 30 Nov 2021
Net transactions value: +$100,968
Form type: 4
Filing time: 02 Dec 2021, 18:12:21 UTC
Previous filing: 24 Nov 2021
Next filing: 07 Dec 2021
SEC: View on sec.gov

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	$37,113	+2,801	+1.5%	$13.25	185,057	30 Nov 2021	Direct	F1
transaction	HPK	Common Stock, par value $0.0001 per share	Purchase	$28,974	+2,200	+1.2%	$13.17	187,257	02 Dec 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	$11,294	+2,538	+7.4%	$4.45	36,672	30 Nov 2021	Common Stock, par value $0.0001 per share	2,538	$11.50	Direct	F3
transaction	HPK	Warrants (right to buy)	Purchase	$8,307	+1,846	+5%	$4.50	38,518	01 Dec 2021	Common Stock, par value $0.0001 per share	1,846	$11.50	Direct	F4
transaction	HPK	Warrants (right to buy)	Purchase	$15,279	+3,403	+8.8%	$4.49	41,921	02 Dec 2021	Common Stock, par value $0.0001 per share	3,403	$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.