Form 4 for PROP Prairie Operating Co.
Accepted 2024-08-19 00:00:00 ET · period of report 2024-08-15 · accession 0001493152-24-033211 · 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 | 2024-08-19 | 2024-08-15 | PROP | Narrogal Nominees Pty Ltd | 10% | X - OptEx | $6.00 | +4.00M | 6.04M | +196% | +$24.00M |
| DM | 2024-08-19 | 2024-08-15 | PROP | Narrogal Nominees Pty Ltd | 10% | C - Cnv Deriv | $5.00 | +4.40M | 10.44M | +73% | +$22.00M |
| DM | 2024-08-19 | 2024-08-15 | PROP | Narrogal Nominees Pty Ltd | 10% | C - Cnv Deriv | $0.00 | -22.0K | 0 | -100% | $0 |
| D | 2024-08-19 | 2024-08-15 | PROP | Narrogal Nominees Pty Ltd | 10% | X - OptEx | $0.00 | -4.00M | 0 | -100% | $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 | 2024-08-15 | X | A | 4,000,000 | $6.00 | 6,039,614 | D | — | — | |
| 2 | Common | Common Stock | 2024-08-15 | C | A | 4,000,000 | $5.00 | 10,039,614 | D | — | — | |
| 3 | Common | Common Stock | 2024-08-15 | C | A | 400,000 | $5.00 | 10,439,614 | D | — | — | |
| 4 | Derivative | Series D Preferred Stock | 2024-08-15 | C | D | 2,000 | $0.00 | 8,000 | D | $5.00 · 2023-05-03 to — | 400,000 Common Stock | (F1) Narrogal Nominees Pty Ltd ATF Gregory K O'Neill Family Trust (the "Family Trust") is the record holder of approximately 218 shares of Series D convertible preferred stock convertible to 43,616 shares of common stock, par value $0.01 per share ("Common Stock") of the Issuer within 60 days. The Reporting Person additionally holds approximately 7,782 shares of Series D convertible preferred stock convertible to 1,556,384 shares of Common Stock, an A warrant to purchase 2,000,000 shares of Common Stock expiring May 3, 2028, and an A warrant to purchase 4,000,000 shares of Common Stock expiring August 15, 2028, each of which is not exercisable or convertible, as applicable, within 60 days of the date hereof. (F2) The Series D Preferred Stock and Series E Preferred Stock have no expiration date. |
| 5 | Derivative | Series E B Common Stock Purchase Warrant | 2024-08-15 | X | D | 4,000,000 | $0.00 | 0 | D | $6.00 · 2023-08-15 to 2024-08-15 | 4,000,000 Common Stock | |
| 6 | Derivative | Series E Preferred Stock | 2024-08-15 | C | D | 20,000 | $0.00 | 0 | D | $5.00 · 2023-08-15 to — | 4,000,000 Common Stock | (F2) The Series D Preferred Stock and Series E Preferred Stock have no expiration date. |