Michael L. Hollis - 22 Aug 2022 Form 4 Insider Report for HighPeak Energy, Inc. (HPK)

Signature
/s/ Steven W. Tholen as Attorney in Fact for Michael L. Hollis
Issuer symbol
HPK
Transactions as of
22 Aug 2022
Net transactions value
+$650,007
Form type
4
Filing time
24 Aug 2022, 16:07:48 UTC
Previous filing
15 Aug 2022
Next filing
06 Sep 2022

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 Award $650,007 +30,079 +16% $21.61 217,336 22 Aug 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 22, 2022, the Reporting Person purchased shares of HighPeak Energy, Inc.'s (the "Issuer") common stock, par value $0.0001 per share ("Common Stock"), pursuant to a subscription agreement by and between the Reporting Person and the Issuer, as part of a private placement. The issuance of the shares to the Reporting Person was approved by the Issuer's board of directors in the manner contemplated by Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").