Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust - Nov 13, 2023 Form 3 Insider Report for Prairie Operating Co. (PROP)

Role
10%+ Owner
Signature
NARROGAL NOMINEES PTY LTD ATF GREGORY K O'NEILL FAMILY TRUST By: /s/ Gregory K. O'Neill, Sole Director of Narrogal Nominees Pty Ltd, trustee
Stock symbol
PROP
Transactions as of
Nov 13, 2023
Transactions value $
$0
Form type
3
Date filed
11/21/2023, 06:04 AM
Next filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PROP Common Stock 39.6K Nov 13, 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
holding PROP Series D Convertible Preferred Stock Nov 13, 2023 Common Stock 2M $5.00 Direct F1, F2
holding PROP Series D A Common Stock Purchase Warrant Nov 13, 2023 Common Stock 2M $6.00 Direct F3
holding PROP Series D B Common Stock Purchase Warrants Nov 13, 2023 Common Stock 2M $6.00 Direct F3
holding PROP Series E Convertible Preferred Stock Nov 13, 2023 Common Stock 4M $5.00 Direct F1, F2
holding PROP Series E A Common Stock Purchase Warrant Nov 13, 2023 Common Stock 4M $6.00 Direct F3
holding PROP Series E B Common Stock Purchase Warrant Nov 13, 2023 Common Stock 4M $6.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The conversion of shares of Series D preferred stock, par value $0.01 per share (the "Series D Preferred Stock"), of Prairie Operating Co., a Delaware corporation (the "Company"), and shares of Series E preferred stock, par value $0.01 per share (the "Series E Preferred Stock"), of the Company are subject to Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust (the "Family Trust") holding less than 4.99% of the outstanding shares of common stock of the Company, par value $0.01 per share ("Common Stock"), which may be increased upon written notice to the Company, to any specified percentage not in excess of 9.99%.
F2 The Series D Preferred Stock and Series E Preferred Stock have no expiration date.
F3 The exercise of the Common Stock purchase warrants reported herein are subject to the Family Trust holding less than 25% of the outstanding Common Stock.

Remarks:

The Family Trust is the record holder of all securities reported herein. Gregory K. O'Neill is the sole director of Narrogal Nominees Pty Ltd, the trustee of the Family Trust, and as such has voting or investment control over the shares directly held by the Family Trust. Mr. O'Neill is also a beneficiary of the Family Trust. As a result of these relationships, each of these entities and individuals may be deemed to have or share beneficial ownership of the securities held of record by the Family Trust. Each such entity or person disclaims beneficial ownership of such securities except to the extent of their respective pecuniary interest therein.