EMPIRE PETROLEUM CORP - Director's Dealing 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EMPIRE PETROLEUM CORP (EMPR)
CIK: 0000887396
Period of Report: 2021-09-28

Reporting Person: Morrisett Michael R. (Director, President)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-28	Common Stock	X	200000	$0.25	Acquired	1893128	Direct
2021-09-28	Common Stock	S	200000	$0.75	Disposed	1693128	Direct
2021-09-28	Common Stock	X	143600	$0.33	Acquired	1836728	Direct
2021-09-28	Common Stock	S	143600	$0.75	Disposed	1693128	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-28	Common Stock Warrant (Right to Buy)	$0.25	X	200000	Disposed	2029-04-02	Common Stock (200000)	Direct
2021-09-28	Employee Stock Option (Right to Buy)	$0.33	X	2500000	Disposed	2029-04-02	Common Stock (143600)	Direct

F1: Common Stock Warrant was amended on 04/03/2019 to extend the expiration date from 12/31/2021 to 04/02/2029.

F2: The Option vests in three installments as follows: 1,250,000 on April 3, 2019; 625,000 on April 3, 2020; and 625,000 on April 3, 2021.