Form 4 for PROP Prairie Operating Co.

Accepted 2022-01-07 00:00:00 ET · period of report 2021-12-31 · accession 0001683168-22-000176 · 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	2022-01-07	2021-12-31	PROP	KESSLER PAUL L.	COB of Board, Dir, 10%	G - Gift	$0.00	-500.0K	3.16M	-14%	$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, par value $0.0001 per share	2021-12-31	G	D	500,000	$0.00	3,157,721	I See footnote	—	—	(F2) The total includes: (i) 2,589,986 shares owned by BIF, (ii) 24,450 shares owned by Bristol Capital, LLC ("BC"), a Delaware LLC of which Mr. Kessler has voting and dispositive power over the shares beneficially owned, (iii) 3,935 shares owned by Paul Kessler IRA Rollover, of which Mr. Kessler has voting and dispositive power over the shares beneficially owned, (iv) 39,350 shares owned by Bristol Capital Advisors Pension and Profit Sharing, and (v) 500,000 shares of common stock owned by Paul L. Kessler and Diana Derycz-Kessler Foundation. Mr. Kessler has voting and dispositive power over the shares beneficially owned by these holders. These share numbers reflect the 1-for-20 reverse stock split effectuated by the Issuer on February 27, 2020. (F1) These shares are held by Bristol Investment Fund, Ltd., a Cayman Islands exempted company ("BIF") managed by Bristol Capital Advisors, LLC ("BCA"), a Delaware LLC, Bristol Capital, LLC, a Delaware LLC, and Paul L. Kessler and Diana Derycz-Kessler Foundation. Mr. Kessler has voting and dispositive power over the shares beneficially owned by these holders.