Form 4 for REI RING ENERGY, INC.
Accepted 2024-03-06 00:00:00 ET · period of report 2024-03-04 · accession 0001104659-24-031462 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2024-03-06 | 2024-03-04 | REI | STRONGHOLD ENERGY II INTERMEDIATE, LLC | 10% | J - Other | — | -46.12M | 0 | -100% | — |
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 | 2024-03-04 | J | D | 46,120,643 | — | 0 | I See Footnote | — | — | (F1) The reported securities were distributed for no consideration by Stronghold Energy II Operating LLC ("Stronghold OpCo") to its members, entities affiliated with Warburg Pincus & Company US, LLC ("Warburg Pincus"), for which the receipt of such securities is exempt from Section 16 pursuant to Rule 16a-9. (F2) Stronghold Energy II Intermediate, LLC ("Stronghold Intermediate") is the managing member of Stronghold OpCo, and Stronghold Energy II Holdings, LLC ("Stronghold Holdings" and, collectively with Stronghold OpCo and Stronghold Intermediate, the "Stronghold Entities") is the managing member of Stronghold Intermediate. In connection with the closing of the Purchase Agreement, Stronghold OpCo or, if applicable, its permitted transferees received the right to designate two directors to serve on the Issuer's Board, subject to certain approval rights of the Issuer. One of the designated directors, Roy Ben-Dor, is a managing director of Warburg Pincus. |