Jack Hightower - Nov 8, 2024 Form 4 Insider Report for HighPeak Energy, Inc. (HPK)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Jack Hightower
Stock symbol: HPK
Transactions as of: Nov 8, 2024
Transactions value $: $242,186
Form type: 4
Date filed: 11/12/2024, 04:10 PM
Previous filing: Sep 23, 2024

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	$242K	+17.3K	+0.35%	$14.03	4.98M	Nov 8, 2024	Direct	F1
holding	HPK	Common Stock, par value $0.0001 per share						81.2M	Nov 8, 2024	See Footnotes	F2, F3
holding	HPK	Common Stock, par value $0.0001 per share						2.34K	Nov 8, 2024	By Wife

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares of common stock were purchased in multiple transactions at prices from $13.95 to $14.10, 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 if footnote (1) to this Form 4.
F2	Represents shares of Common Stock received by (i) HighPeak Pure Acquisition, LLC, a Delaware limited liability company ("Pure Sponsor"), (ii) HighPeak Energy, LP, a Delaware limited partnership ("HighPeak I"), (iii) HighPeak Energy II, LP, a Delaware limited partnership ("HighPeak II" and, together with Pure Sponsor, HighPeak I, and HighPeak Energy III, LP, a Delaware limited partnership, the "Record Holders") in connection with the business combination transaction between the Issuer and Pure Acquisition Corp., a Delaware corporation.
F3	The Reporting Person directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Exchange Act to be the indirect beneficial owner of the Common Stock owned by the Record Holders. The Reporting Person disclaims beneficial ownership of the Common Stock held by each of the Record Holders except to the extent of his pecuniary interest in each of the Record Holders, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.