Jonathan H. Gray - 05 Jun 2025 Form 4 Insider Report for Prairie Operating Co. (PROP)

Role
Director
Signature
/s/ Jonathan H. Gray
Issuer symbol
PROP
Transactions as of
05 Jun 2025
Net transactions value
$0
Form type
4
Filing time
09 Jun 2025, 21:10:50 UTC
Previous filing
22 May 2025
Next filing
30 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gray Jonathan H. Director 55 WAUGH DRIVE, SUITE 400, HOUSTON /s/ Jonathan H. Gray 09 Jun 2025 0001977414

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PROP Common Stock Options Exercise +7,614 +5.5% 145,977 05 Jun 2025 Direct F1

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 PROP Restricted Stock Units Options Exercise $0 -7,614 -100% $0.000000 0 05 Jun 2025 Common Stock 7,614 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units ("RSUs") were granted on June 12, 2024, vested on June 5, 2025. Each 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 Pursuant to the terms of the award agreement, 100% of the RSUs were settled in Common Stock.