HighPeak Energy, Inc. — Director's Dealing 2021

Dec 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HighPeak Energy, Inc. (HPK)
CIK: 0001792849
Period of Report: 2021-11-30

Reporting Person: Hollis Michael L. (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-30	Common Stock, par value $0.0001 per share	P	2801	$13.25	Acquired	185057	Direct
2021-12-02	Common Stock, par value $0.0001 per share	P	2200	$13.17	Acquired	187257	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-30	Warrants (right to buy)	$11.50	P	2538	Acquired	2025-08-21	Common Stock, par value $0.0001 per share (2538)	Direct
2021-12-01	Warrants (right to buy)	$11.50	P	1846	Acquired	2025-08-21	Common Stock, par value $0.0001 per share (1846)	Direct
2021-12-02	Warrants (right to buy)	$11.50	P	3403	Acquired	2025-08-21	Common Stock, par value $0.0001 per share (3403)	Direct

Footnotes

F1: These shares of common stock were purchased in multiple transactions at a price of $13.25 per share.

F2: The price reported in Column 4 is a weighted average price. These shares of common stock were purchased in multiple transactions at prices ranging from $13.13 to $13.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock purchased at each separate price within the ranges set forth in footnote (2) to this Form 4.

F3: The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $4.42 to $4.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants purchased at each separate price within the ranges set forth in footnotes (3) and (5) to this Form 4.

F4: These warrants were purchased in multiple transactions at a price of $4.50 per warrant.

F5: The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $4.44 to $4.50, inclusive.