Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PROP | Common Stock | Options Exercise | +6.86K | 6.86K | Jun 12, 2024 | Direct | F1, F2 | |||
transaction | PROP | Common Stock | Sale | -$2.3K | -179 | -2.61% | $12.85 | 6.68K | Jun 12, 2024 | Direct | F3 |
transaction | PROP | Common Stock | Sale | -$4.68K | -426 | -6.37% | $10.98 | 6.26K | Jun 14, 2024 | Direct | F4 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PROP | Restricted Stock Units | Options Exercise | $0 | -6.86K | -100% | $0.00* | 0 | Jun 12, 2024 | Common Stock | 6.86K | Direct | F2 | |
transaction | PROP | Restricted Stock Units | Award | $0 | +7.61K | $0.00 | 7.61K | Jun 12, 2024 | Common Stock | 7.61K | Direct | F5, F6 |
Id | Content |
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F1 | On October 16, 2023, the Issuer affected a reverse stock split at an exchange ratio of 1:28.5714286. |
F2 | The restricted stock units ("RSUs") were granted on August 25, 2023, vested on May 3, 2024, and were settled on June 12, 2024. The RSUs represent the economic equivalent of one share of common stock, par value $0.01 per share, of the Issuer ("Common Stock"). Pursuant to the terms of the award agreement, 100% of the RSUs were settled in Common Stock. |
F3 | The price reported in this Column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $12.75 to $13.18, inclusive. The reporting person undertakes to provide to Prairie Operating Co. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes (3) and (4) to this Form 4. |
F4 | The price reported in this Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.90 to $11.01, inclusive. |
F5 | Each RSU represents a contingent right to receive (a) with respect to 60% of the RSUs, one share of 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. |
F6 | The RSUs vest 100% on June 5, 2025. |