Form 4 for VTS Vitesse Energy, Inc.

Accepted 2025-03-11 00:00:00 ET · period of report 2025-03-07 · accession 0001104659-25-022569 · 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
MI	2025-03-11	2025-03-07	VTS	Chernoff Michael Bruce	Dir	A - Grant	—	+1.70M	1.49M	New	—
M	2025-03-11	2025-03-07+	VTS	Chernoff Michael Bruce	Dir	A - Grant	$0.00	+3,283	3,283	New	$0

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	2025-03-07	A	A	409	—	409	I	—	—	(F3) The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. (F1) Acquired as a result of the business combination transaction between Vitesse Energy, Inc. ("Vitesse") and Lucero Energy Corp. ("Lucero") contemplated by that certain Arrangement Agreement, dated as of December 15, 2024 (the "Arrangement Agreement"), between Vitesse and Lucero. Pursuant to the Arrangement Agreement, each common share of Lucero was converted into the right to receive 0.01239 shares of Vitesse common stock, par value $0.01 per share.
2	Common	Common Stock	2025-03-07	A	A	211,686	—	211,686	I	—	—	(F3) The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. (F1) Acquired as a result of the business combination transaction between Vitesse Energy, Inc. ("Vitesse") and Lucero Energy Corp. ("Lucero") contemplated by that certain Arrangement Agreement, dated as of December 15, 2024 (the "Arrangement Agreement"), between Vitesse and Lucero. Pursuant to the Arrangement Agreement, each common share of Lucero was converted into the right to receive 0.01239 shares of Vitesse common stock, par value $0.01 per share.
3	Common	Common Stock	2025-03-07	A	A	2,523	—	2,523	D By Hawthorne Energy Ltd.	—	—	(F1) Acquired as a result of the business combination transaction between Vitesse Energy, Inc. ("Vitesse") and Lucero Energy Corp. ("Lucero") contemplated by that certain Arrangement Agreement, dated as of December 15, 2024 (the "Arrangement Agreement"), between Vitesse and Lucero. Pursuant to the Arrangement Agreement, each common share of Lucero was converted into the right to receive 0.01239 shares of Vitesse common stock, par value $0.01 per share. (F4) The reporting person is a significant shareholder of Hawthorne Energy Ltd.
4	Common	Common Stock	2025-03-10	A	A	760	$0.00	3,283	D By Kai Commercial Trust	—	—	(F2) Represents unvested restricted stock units, each of which represents a contingent right to receive one share of Vitesse common stock. The restricted stock units will vest on the day prior to Vitesse's 2025 Annual Meeting of Stockholders, subject to continued service through the vesting date, and will be settled in shares of Vitesse common stock following the vesting date unless such settlement is deferred by the director. (F5) The reporting person is a majority unitholder of Kai Commercial Trust.
5	Common	Common Stock	2025-03-07	A	A	1,487,944	—	1,487,944	I By Alpine Capital Corp.	—	—	(F3) The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. (F1) Acquired as a result of the business combination transaction between Vitesse Energy, Inc. ("Vitesse") and Lucero Energy Corp. ("Lucero") contemplated by that certain Arrangement Agreement, dated as of December 15, 2024 (the "Arrangement Agreement"), between Vitesse and Lucero. Pursuant to the Arrangement Agreement, each common share of Lucero was converted into the right to receive 0.01239 shares of Vitesse common stock, par value $0.01 per share. (F6) The reporting person is a significant shareholder of Alpine Capital Corp.