Edward Geiser - 20 Jun 2023 Form 4 Insider Report for Ranger Oil Corp

Reporting relationship: Former Director and 10% Owner
Issuer ticker: N/A
Reported as of: 20 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 22 Jun 2023, 21:29:20 UTC
Prior SEC filing: 08 Oct 2021
Next SEC filing: 23 Sep 2024
Source filing: View source filing
Reporting owner signature: /s/ Edward Geiser

Key filing fact

Edward Geiser filed Form 4 for Ranger Oil Corp on 22 Jun 2023.

Key facts

This page summarizes Edward Geiser's Form 4 filing for Ranger Oil Corp.
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 22 Jun 2023, 21:29.

Change

Previous filing in this sequence was filed on 08 Oct 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ROCC transaction

Class A Common Stock

Award

Transaction value
Shares: +22,548,998
Change %
Price
Shares after: 22,548,998
Date: 20 Jun 2023
Ownership: See footnotes
Footnotes: F1, F2, F3, F4

ROCC transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares: -22,548,998
Change %: -100%
Price
Shares after: 0
Date: 20 Jun 2023
Ownership: See footnotes
Footnotes: F1, F2, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ROCC transaction Derivative

Class B Common Stock

Disposed to Issuer

Transaction value
Shares: -22,548,998
Change %: -100%
Price
Shares after: 0
Date: 20 Jun 2023
Ownership: See footnotes
Underlying class: Class A Common Stock
Underlying amount: 22,548,998
Exercise price
Footnotes: F1, F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Edward Geiser is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Represents 22,548,998 shares of Class A Common Stock, par value $0.01 per share ("Class A Shares"), that, in connection with the merger of Baytex Energy Corp. and the Issuer (the "merger"), were acquired upon the exchange of Commons Units, together with a corresponding number of shares of Class B Common Stock, par value $0.01 per share ("Class B Shares" and, together with the Class A Shares, "Common Stock"), of which JSTX Holdings, LLC ("JSTX") directly held 17,142,857 Class B Shares and Rocky Creek Resources, LLC ("RCR") directly held 5,406,141 Class B Shares immediately prior to the closing of the merger on June 20, 2023. The reported securities had no expiration date.

Footnote F2

As a result of the merger, the reported securities were exchanged for Common Shares of Baytex Energy Corp., and the Reporting Person no longer beneficially owns, directly or indirectly, any shares of Common Stock.

Footnote F3

JSTX is wholly owned by Juniper Capital III, L.P., a Delaware limited partnership ("Fund III"), and Juniper Phoenix Partners, L.P., a Delaware limited partnership ("Phoenix"). Juniper Capital III GP, L.P, a Delaware limited partnership ("Fund III GP"), is the sole general partner of each of Fund III and Phoenix. RCR is controlled by Juniper Capital II, L.P., a Delaware limited partnership and investment fund ("Fund II"), and Fund II owns a majority of the membership interests in RCR. Juniper Capital II GP, L.P., a Delaware limited partnership ("Fund II GP"), is the sole general partner of Fund II. Each of the limited partnership agreements of Fund II and Fund III dictate that the disposition of material interest, such as the investment in the Company, must be approved by two of the three members of Fund II GP and Fund III GP, respectively, one of whom must be Edward Geiser.

Footnote F4

Mr. Geiser disclaims beneficial ownership of the shares held by each of JSTX and RCR except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.