Form 4 for HPK HighPeak Energy, Inc.
Accepted 2023-07-21 00:00:00 ET · period of report 2023-07-19 · accession 0001437749-23-020450 · 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 | 2023-07-21 | 2023-07-19 | HPK | THOLEN STEVEN W | CFO | P - Purchase | $10.50 | +9,500 | 33.8K | +39% | +$99.8K |
| D | 2023-07-21 | 2023-07-21 | HPK | THOLEN STEVEN W | CFO | A - Grant | $0.00 | +70.0K | 70.0K | 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, par value $0.0001 per share | 2023-07-19 | P | A | 9,500 | $10.50 | 33,755 | D | — | — | (F1) Represents shares of HighPeak Energy, Inc. (the "Issuer") common stock, par value $0.0001 per share ("Common Stock") purchased by the Reporting Person from Roth Capital Partners, LLC (the "Underwriter") in an underwritten public offering conducted by the Issuer pursuant to an Underwriting Agreement between the Issuer and the Underwriter. |
| 2 | Derivative | Employee Stock Option (right to buy) | 2023-07-21 | A | A | 70,000 | $0.00 | 70,000 | D | $10.50 · — to 2026-10-31 | 70,000 Common Stock, par value $0.0001 per share | (F3) The stock option was designed to comply with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended, and the guidance thereunder, and is exercisable only during the 90 day period following the earlier to occur of the Reporting Person's separation from service due to death or disability, the occurrence of a change in control of the Issuer, or August 1, 2026. |