Stephen Lee - Aug 25, 2023 Form 4 Insider Report for Prairie Operating Co. (CRKR)

Role
Director
Signature
/s/ Edward Kovalik, as attorney-in-fact for Stephen Lee
Stock symbol
CRKR
Transactions as of
Aug 25, 2023
Transactions value $
$0
Form type
4
Date filed
8/29/2023, 05:10 PM
Previous filing
May 5, 2023
Next filing
Jun 14, 2024

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 Restricted Stock Units Award $0 +196K $0.00 196K Aug 25, 2023 Common Stock 196K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive (a) with respect to 60% of the RSUs, one share of common stock, par value $0.01 per share, of the Issuer ("Common Stock"), and (b) with respect to 40% of the RSUs, either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock.
F2 The RSUs vest 100% on May 3, 2024.