Danny Hames - Apr 23, 2024 Form 4 Insider Report for White River Energy Corp. (WTRV)

Role: Director
Signature: /s/ Danny Hames
Stock symbol: WTRV
Transactions as of: Apr 23, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/25/2024, 04:05 PM
Previous filing: Nov 27, 2023
Next filing: Jul 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WTRV	Common Stock	Award		+250K	+244.2%		352K	Apr 23, 2024	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. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant and any issuances thereunder are exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. The restricted stock units vest in four equal quarterly installments with each vesting occurring on the final business day of each quarter over the period of one year with the first vesting on June 30, 2024, subject to continued service as a director of the Issuer on each applicable vesting date. Shares of common stock will be delivered to the Reporting Person upon the vesting of the restricted stock units. The restricted stock units were issued under the Issuer's 2022 Equity Incentive Plan.

Content

Represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The grant and any issuances thereunder are exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. The restricted stock units vest in four equal quarterly installments with each vesting occurring on the final business day of each quarter over the period of one year with the first vesting on June 30, 2024, subject to continued service as a director of the Issuer on each applicable vesting date. Shares of common stock will be delivered to the Reporting Person upon the vesting of the restricted stock units. The restricted stock units were issued under the Issuer's 2022 Equity Incentive Plan.