Stephen Slack - Jan 17, 2022 Form 4 Insider Report for US ENERGY CORP (USEG)

Role
Director
Signature
/s/ Ryan L. Smith, attorney-in-fact
Stock symbol
USEG
Transactions as of
Jan 17, 2022
Transactions value $
$0
Form type
4
Date filed
1/19/2022, 03:31 PM
Previous filing
Nov 15, 2021
Next filing
Jan 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USEG Common Stock Award $0 +40K +200% $0.00 60K Jan 17, 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 January 17, 2022, and (b) 1/4th of such shares on the last day of each six months thereafter for the following eighteen months, 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 a member of the Board of Directors of the Issuer.

Remarks:

See Power of Attorney filed as Exhibit 24.1 to the Form 3 filed by the Reporting Person on December 20, 2019.