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Gray Jonathan H.'s Form 4 filing

Prairie Operating Co. (PROP) · filed May 30, 2024

Accession no.
0001493152-24-022034
Filed
May 30, 2024
Trade date
Sep 7, 2023-Apr 25, 2024
Filing delay
266 daysLate
Rule 10b5-1 plan
Not checked

This filing lists 3 non-derivative transactions and 5 derivative transactions. Open-market purchases total $332.5K. It was filed 266 days after the trade, past the 2-business-day deadline.

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
Gray Jonathan H.CIK 0001977414Director

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
Sep 7, 2023Common StockPPurchaseAcquired+109,024$3.05F4+$332,523.2109,024Indirect
Apr 25, 2024Common StockXIn-the-money exerciseAcquired+150,000$6.00+$900,000230,159Indirect
Apr 25, 2024Common StockXIn-the-money exerciseAcquired+50,975$6.00+$305,850159,999Indirect

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
Sep 7, 2023Common StockPPurchaseAcquired+50,974$3.05F4+$777.35254.87Indirect
Sep 7, 2023Common StockPPurchaseAcquired+50,975$3.05F4+$155,473.7550,975Indirect
Sep 7, 2023Common StockPPurchaseAcquired+50,975$3.05F4+$155,473.7550,975Indirect
Apr 25, 2024Common StockXIn-the-money exerciseDisposed−150,000$0.00$00Indirect
Apr 25, 2024Common StockXIn-the-money exerciseDisposed−50,975$0.00$00Indirect

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.

F4

On September 7, 2023, the Reporting Person purchased from Alpha Capital Anstalt for a total purchase price of $800,000 the following securities: 73,194 shares of Common Stock, 254.87 shares of Series D Convertible Preferred Stock convertible into 50,974 shares of Common Stock, 50,975 Series A Warrants convertible into 50,975 shares of Common Stock, 50,975 Series B Warrants convertible into 50,975 shares of Common Stock, and 35,830 Rights to Purchase 35,830 shares of Common Stock. The values of the aforementioned securities were adjusted to reflect the reverse stock split that occurred on October 16, 2023.

Referenced by the price of 1 transaction in Table I and 3 transactions in Table II.

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