Form 4 for PROP Prairie Operating Co.

Accepted 2025-08-15 00:00:00 ET · period of report 2025-08-13 · accession 0001140361-25-031553 · 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
D	2025-08-15	2025-08-13	PROP	Kovalik Edward	CEO, Dir	A - Grant	$0.00	+688.0K	2.03M	+51%	$0
D	2025-08-15	2025-08-13	PROP	Kovalik Edward	CEO, Dir	A - Grant	$0.00	+1.03M	1.03M	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2025-08-13	A	A	687,980	$0.00	2,027,035	D	—	—	(F1) Represents restricted stock units ("RSUs") granted under the 2024 Amended & Restated Prairie Operating Co. Long-Term Incentive Plan (as amended, the "LTIP"). Each RSU represents a contingent right to receive, upon vesting, one share of common stock, par value $0.01 per share ("Common Stock"), of Prairie Operating Co. (the "Issuer"). The 687,980 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on March 26, 2026.
2	Derivative	Performance Units	2025-08-13	A	A	1,031,970	$0.00	1,031,970	D	— · — to —	1,031,970 Common Stock	(F2) Represents an award of performance units representing a contingent right to receive one share of Common Stock per performance unit. Between 50% and 200% of the target number of performance units granted, which were granted under the LTIP, are eligible to vest during a three-year performance period beginning on January 1, 2025 and ending on December 31, 2027 based on continued employment and the Issuer's relative total shareholder return in comparison to the total shareholder return performance among the Performance Peer Group (as defined in the award agreement).