Form 4 for PROP Prairie Operating Co.
Accepted 2022-04-01 00:00:00 ET · period of report 2022-03-30 · accession 0000939798-22-000005 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-04-01 | 2022-03-31 | PROP | KAUFMAN SCOTT D | CEO, Pres, Dir, 10% | S - Sale | $2.66 | -18.0K | 1.20M | -1% | -$47.9K |
| D | 2022-04-01 | 2022-03-30 | PROP | KAUFMAN SCOTT D | CEO, Pres, Dir, 10% | M - OptEx | — | -6,249 | 6,250 | -50% | — |
| DMI | 2022-04-01 | 2022-03-30+ | PROP | KAUFMAN SCOTT D | CEO, Pres, Dir, 10% | C - Cnv Deriv | — | 0 | 2.50M | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-31 | S | D | 11,000 | $2.63 | 1,202,523 | D | — | — | |
| 2 | Common | Common Stock | 2022-03-31 | S | D | 7,000 | $2.71 | 1,202,523 | D | — | — | |
| 3 | Derivative | Series A Preferred Stock | 2022-03-30 | M | D | 6,249 | — | 6,250 | D See Footnote 3. | $0.00 · 2021-09-30 to — | 357,085 Common Stock | (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. (F3) Securities held by Barlock 2019 Fund, LP, an entity over which Scott Kaufman has managerial control. |
| 4 | Derivative | Convertible Debenture | 2022-03-31 | C | D | — | — | — | I | $0.18 · 2019-12-19 to 2022-12-31 | 7,000 Common Stock | (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). |
| 5 | Derivative | Convertible Debenture | 2022-03-30 | C | D | — | — | 2,496,850 | I See Footnote 3. | $0.18 · 2019-12-19 to 2022-12-31 | 11,000 Common Stock | (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). (F3) Securities held by Barlock 2019 Fund, LP, an entity over which Scott Kaufman has managerial control. |