Daniel T. Sweeney - 25 Aug 2023 Form 4 Insider Report for Prairie Operating Co. (PROP)

Signature
/s/ Daniel T. Sweeney
Issuer symbol
PROP
Transactions as of
25 Aug 2023
Net transactions value
$0
Form type
4
Filing time
29 Aug 2023, 17:10:25 UTC
Previous filing
24 Jul 2023
Next filing
14 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRKR Common Stock Award $0 +50,000 $0.000000 50,000 25 Aug 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted under the Amended & Restated Prairie Operating Co. Long-Term Incentive Plan. Each RSU represents a contingent right to receive, upon vesting, one share of common stock, par value $0.01 per share, of the Issuer ("Common Stock"). The 50,000 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on May 3, 2024. Because these RSUs were granted in contemplation of a future reverse stock split of the Company's Common Stock, they will not be subject to further adjustment upon a reverse stock split.