Key facts
- This page summarizes Paul L. Kessler's Form 4 filing for Prairie Operating Co. (PROP).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 14 Jun 2024, 21:44.
Paul L. Kessler - 12 Jun 2024 Form 4 Insider Report for Prairie Operating Co. (PROP)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- PROP
- Reported as of
- 12 Jun 2024
- Net transaction value
- -$6,978
- SEC form
- 4
- Accepted by SEC
- 14 Jun 2024, 21:44:12 UTC
- Prior SEC filing
- 10 Apr 2024
- Next SEC filing
- 20 Jun 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Paul L. Kessler
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Paul L. Kessler filed Form 4 for Prairie Operating Co. (PROP) on 14 Jun 2024.
Change
- Previous filing in this sequence was filed on 10 Apr 2024.
- Current net transaction value: -$6,978.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PROP
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +6,863
- Change %
- +211%
- Price
- Shares after
- 10,113
- Date
- 12 Jun 2024
- Ownership
- Direct
- Footnotes
- F1
PROP
transaction
Common Stock
Sale
- Transaction value
- $2,300
- Shares
- -179
- Change %
- -1.8%
- Price
- $12.85
- Shares after
- 9,934
- Date
- 12 Jun 2024
- Ownership
- Direct
- Footnotes
- F2
PROP
transaction
Common Stock
Sale
- Transaction value
- $4,677
- Shares
- -426
- Change %
- -4.3%
- Price
- $10.98
- Shares after
- 9,508
- Date
- 14 Jun 2024
- Ownership
- Direct
- Footnotes
- F3
PROP
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,524,613
- Date
- 12 Jun 2024
- Ownership
- By affiliates
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PROP
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -6,863
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 12 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,863
- Exercise price
- Footnotes
- F1
PROP
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +7,614
- Change %
- Price
- $0.000000
- Shares after
- 7,614
- Date
- 12 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 7,614
- Exercise price
- Footnotes
- F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
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.
Footnote F2
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 (2) and (3) to this Form 4.
Footnote F3
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.
Footnote F4
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.
Footnote F5
The RSUs vest 100% on June 5, 2025.