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Kaufman Scott D's Form 4 filing

Prairie Operating Co. (PROP) · filed Apr 1, 2022

Accession no.
0000939798-22-000005
Filed
Apr 1, 2022, 5:22 PM ET
Trade date
Mar 30-31, 2022
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 2 non-derivative transactions and 3 derivative transactions. Open-market sales total $47.9K. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Kaufman Scott DCIK 0001312498Director, Officer (CEO and President), 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 31, 2022Common StockSSaleDisposed−7,000$2.71−$18,983.31,202,523Direct
Mar 31, 2022Common StockSSaleDisposed−11,000$2.63−$28,966.31,202,523Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 30, 2022Common StockMOption exerciseDisposed−357,085–F1–6,250Direct
Mar 30, 2022Common StockCConversionDisposed−11,000–F2––Indirect
Mar 31, 2022Common StockCConversionDisposed−7,000–F2––Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Each share of Series A Preferred Stock (the "Preferred Stock") is convertible into a number of shares of common stock determined by dividing the stated value of each share of Preferred Stock (currently $10) by the conversion price then in effect (currently $0.175). The Preferred Stock does not expire.

Referenced by the price of 1 transaction in Table II.

F2

The dollar face amount of the Debenture is convertible into shares of common stock at the conversion price then in effect (currently $0.175).

Referenced by the price of 2 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)