Keith E. Forbes - Aug 15, 2022 Form 4 Insider Report for HighPeak Energy, Inc. (HPK)

Role
Vice President and Controller
Signature
/s/ Steven W. Tholen as Attorney in Fact for Keith E. Forbes
Stock symbol
HPK
Transactions as of
Aug 15, 2022
Transactions value $
$0
Form type
4
Date filed
8/15/2022, 07:06 PM
Previous filing
May 4, 2022
Next filing
Jul 21, 2023

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 Employee Stock Option (right to buy) Award $0 +5K $0.00 5K Aug 15, 2022 Common Stock, par value $0.0001 per share 5K $19.98 Direct F1
transaction HPK Employee Stock Option (right to buy) Other $0 +1K $0.00 1K Aug 15, 2022 Common Stock, par value $0.0001 per share 1K $19.98 By Wife F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option was fully vested as of the date of grant.
F2 This transaction involved the grant of options to the reporting person's wife, who is also an employee of the Issuer.
F3 The option vests in three equal installments: one-third on the date of grant, one-third on the first anniversary of the date of grant, and one-third on the second anniversary of the date of grant