Key facts
- This page summarizes James W. Wallis's Form 4 filing for Prairie Operating Co. (PROP).
- 10 reported transactions and 7 derivative rows are listed below.
- Accepted by SEC: 18 Sep 2024, 16:55.
James W. Wallis - 07 Sep 2023 Form 4 Insider Report for Prairie Operating Co. (PROP)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- PROP
- Reported as of
- 07 Sep 2023
- Net transaction value
- +$1,187,644
- SEC form
- 4
- Accepted by SEC
- 18 Sep 2024, 16:55:07 UTC
- Prior SEC filing
- 25 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ James W. Wallis
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
James W. Wallis filed Form 4 for Prairie Operating Co. (PROP) on 18 Sep 2024.
Change
- Previous filing in this sequence was filed on 25 Sep 2023.
- Current net transaction value: +$1,187,644.
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
Purchase
- Transaction value
- $623,487
- Shares
- +204,422
- Change %
- +36%
- Price
- $3.05
- Shares after
- 774,345
- Date
- 07 Sep 2023
- Ownership
- By James W. Wallis LivingTrust
- Footnotes
- F1, F2
PROP
transaction
Common Stock
Sale
- Transaction value
- $207,809
- Shares
- -68,134
- Change %
- -8.8%
- Price
- $3.05
- Shares after
- 706,211
- Date
- 10 Oct 2023
- Ownership
- By James W. Wallis Living Trust
- Footnotes
- F2, F3
PROP
transaction
Common Stock
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $382,314
- Shares
- +63,719
- Change %
- +9%
- Price
- $6.00
- Shares after
- 769,930
- Date
- 01 May 2024
- Ownership
- By James W Wallis Living Trust
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PROP
transaction
Derivative
Series D Convertible Preferred Stock
Purchase
- Transaction value
- $1,458
- Shares
- +478
- Change %
- Price
- $3.05
- Shares after
- 478
- Date
- 07 Sep 2023
- Ownership
- By: James W. Wallis Living Trust
- Underlying class
- Common Stock
- Underlying amount
- 95,578
- Exercise price
- $5.00
- Footnotes
- F1, F2, F4
PROP
transaction
Derivative
Series A Warrants
Purchase
- Transaction value
- $291,513
- Shares
- +95,578
- Change %
- Price
- $3.05
- Shares after
- 95,578
- Date
- 07 Sep 2023
- Ownership
- By: James W. Wallis Living Trust
- Underlying class
- Common Stock
- Underlying amount
- 95,578
- Exercise price
- $6.00
- Footnotes
- F1, F2
PROP
transaction
Derivative
Series B Warrants
Purchase
- Transaction value
- $291,513
- Shares
- +95,578
- Change %
- Price
- $3.05
- Shares after
- 95,578
- Date
- 07 Sep 2023
- Ownership
- By: James W. Wallis Living Trust
- Underlying class
- Common Stock
- Underlying amount
- 95,578
- Exercise price
- $6.00
- Footnotes
- F1, F2
PROP
transaction
Derivative
Series D Convertible Preferred Stock
Sale
- Transaction value
- $486
- Shares
- -159
- Change %
- -33%
- Price
- $3.05
- Shares after
- 319
- Date
- 10 Oct 2023
- Ownership
- By: James W. Wallis Living Trust
- Underlying class
- Common Stock
- Underlying amount
- 31,860
- Exercise price
- $5.00
- Footnotes
- F2, F3, F4
PROP
transaction
Derivative
Series A Warrants
Sale
- Transaction value
- $97,173
- Shares
- -31,860
- Change %
- -33%
- Price
- $3.05
- Shares after
- 63,719
- Date
- 10 Oct 2023
- Ownership
- By: James W. Wallis Living Trust
- Underlying class
- Common Stock
- Underlying amount
- 31,860
- Exercise price
- $6.00
- Footnotes
- F2, F3
PROP
transaction
Derivative
Series B Warrants
Sale
- Transaction value
- $97,173
- Shares
- -31,860
- Change %
- -33%
- Price
- $3.05
- Shares after
- 63,719
- Date
- 10 Oct 2023
- Ownership
- By: James W. Wallis Living Trust
- Underlying class
- Common Stock
- Underlying amount
- 31,860
- Exercise price
- $6.00
- Footnotes
- F2, F3
PROP
transaction
Derivative
Series B Warrants
Exercise of in-the-money or at-the-money derivative security
- Transaction value
- $0
- Shares
- -63,719
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 01 May 2024
- Ownership
- By: James W. Wallis Living Trust
- Underlying class
- Common Stock
- Underlying amount
- 63,719
- Exercise price
- $6.00
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
James W. Wallis 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
On September 7, 2023, the Reporting Person Purchased for a purchase price of $1.5 million, the following securities: 204,222 shares of Common Stock; 477.89 shares of Series D Convertible Preferred Stock; 95,578 Series A Warrants; and 95,578 Series B Warrants. The values of the aforementioned securities were adjusted to reflect the reverse stock split that occurred on October 16, 2023.
Footnote F2
On October 16, 2023, the issuer effected a reverse stock split of the outstanding shares of the issuer's common stock at an exchange ratio of 1:28.5714286. All security amounts and conversion prices have been adjusted to reflect this reverse stock split.
Footnote F3
On October 10, 2023, the Reporting Person sold for $500,000, the following securities: 68,134 shares of Common Stock; 159.30 shares of Series D Convertible Preferred Stock; 31,860 Series A Warrants; and 31,860 Series B Warrants.
Footnote F4
The shares of Series D Convertible Preferred Stock have no expiration date.