Home > Insider Trading > Filing (0001493152-24-024020)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1162896	Prairie Operating Co.	PROP	Crude Petroleum & Natural Gas (1311)	980357690

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1904957	Erik Thoresen	602 Sawyer Street, Suite 710 Houston TX 77007		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2024-06-12	6,863	$0.00	6,863	No	4	M	Direct
Common Stock	Disposition	2024-06-12	179	$12.86	6,684	No	4	S	Direct
Common Stock	Disposition	2024-06-14	426	$10.98	6,258	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2024-06-12	6,863	$0.00	6,863	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2024-06-12	7,614	$0.00	7,614	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	M	Direct
7,614			No	4	A	Direct

Footnotes

On October 16, 2023, the Issuer affected a reverse stock split at an exchange ratio of 1:28.5714286.
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.
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.
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.
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.
The RSUs vest 100% on June 5, 2025.