Stephen Slack - 05 Jan 2023 Form 4 Insider Report for US ENERGY CORP (USEG)

Role
Director
Signature
/s/ Ryan L. Smith, attorney-in-fact
Issuer symbol
USEG
Transactions as of
05 Jan 2023
Net transactions value
$0
Form type
4
Filing time
06 Jan 2023, 18:18:13 UTC
Previous filing
19 Jan 2022
Next filing
20 Mar 2024
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 +48,913 +82% $0.000000 108,913 05 Jan 2023 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) 1/2 of such shares on July 5, 2023, and (b) 1/2 of such shares on January 5, 2024, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.
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. Issued under the Issuer's 2022 Equity Compensation Plan.