Steven W. Tholen - 02 Sep 2022 Form 4 Insider Report for HighPeak Energy, Inc. (HPK)

Signature
/s/ Steven W. Tholen
Issuer symbol
HPK
Transactions as of
02 Sep 2022
Net transactions value
+$200,001
Form type
4
Filing time
06 Sep 2022, 07:38:44 UTC
Previous filing
29 Aug 2022
Next filing
21 Jul 2023

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 $200,001 +9,255 +62% $21.61 24,255 02 Sep 2022 Direct F1
holding HPK Common Stock, par value $0.0001 per share 10,009 02 Sep 2022 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 2, 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 of 1934, as amended.
F2 Shares held by Reporting Person's family limited partnership.