Ryan L. Smith - 17 Jan 2022 Form 4 Insider Report for US ENERGY CORP (USEG)

Role
CEO and CFO, Director
Signature
/s/ Ryan L. Smith
Issuer symbol
USEG
Transactions as of
17 Jan 2022
Net transactions value
$0
Form type
4
Filing time
19 Jan 2022, 15:30:56 UTC
Next filing
27 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USEG Common Stock Award $0 +400,000 +269% $0.000000 548,450 17 Jan 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock shares subject to time-based vesting, which vest at the rate of (a) 1/4th of such shares on the grant date; and (b) 1/4th of such shares on each of the three anniversaries of the grant date, subject to the recipient's continued service to the Issuer.
F2 Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as an officer of the Issuer.