Ryan L. Smith - 05 Jan 2023 Form 4 Insider Report for US ENERGY CORP (USEG)

Signature
/s/ Ryan L. Smith
Issuer symbol
USEG
Transactions as of
05 Jan 2023
Net transactions value
$0
Form type
4
Filing time
06 Jan 2023, 18:21:21 UTC
Previous filing
27 Jan 2022
Next filing
30 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USEG Common Stock Award $0 +163,043 +33% $0.000000 659,343 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 1/3rd of such shares on each of the three anniversaries of the grant date, 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 an officer of the Issuer. Issued under the Issuer's 2022 Equity Compensation Plan.