John D. Maatta - 03 May 2023 Form 4 Insider Report for Prairie Operating Co. (PROP)

Signature
/s/ John D. Maatta
Issuer symbol
PROP
Transactions as of
03 May 2023
Net transactions value
+$276,206
Form type
4
Filing time
05 May 2023, 21:42:40 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRKR Common Stock Conversion of derivative security $1,455,816 +8,318,949 +41595% $0.1750 8,338,949 03 May 2023 Direct
transaction CRKR Common Stock Award $12,750 +72,857 +0.87% $0.1750 8,411,806 03 May 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRKR Series A Preferred Stock Conversion of derivative security $1,242,360 -124,236 -100% $10.00* 0 03 May 2023 Common Stock 8,318,949 $0.1750 Direct F1, F2
transaction CRKR Series D Convertible Preferred Stock Purchase $50,000 +50 $1000.00 50 03 May 2023 Common Stock 285,714 $0.1750 Direct F2
transaction CRKR A Common Stock Purchase Warrant Purchase $0 +285,714 +28571400% $0.000000 285,715 03 May 2023 Common Stock 285,714 $0.2100 Direct
transaction CRKR B Common Stock Purchase Warrant Purchase $0 +285,714 $0.000000 285,714 03 May 2023 Common Stock 285,714 $0.2100 Direct
transaction CRKR Stock Option (Right to Buy) Award $0 +20,000 $0.000000 20,000 23 Jan 2019 Common Stock 20,000 $0.2500 Direct
transaction CRKR Stock Option (Right to Buy) Award $0 +100,000 +500% $0.000000 120,000 03 Aug 2020 Common Stock 10,000 $0.2500 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John D. Maatta is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes $312,136 of accrued but unpaid dividends converted into shares of Common Stock at $0.175 per share.
F2 The preferred stock has no expiration date.