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Prairie Operating Co. — Director's Dealing 2024
Nov 13, 2024
34225_dirs_2024-11-13_596bbdc8-bbe5-4507-970d-22f61d2026fb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Prairie Operating Co. (PROP)
CIK: 0001162896
Period of Report: 2024-09-30
Reporting Person: Gray Jonathan H. (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-09-30 | Common Stock Purchase Warrant | $8.89 | P | 228310 | Acquired | 2029-09-30 | Common Stock (228310) | Indirect |
| 2024-09-30 | Common Stock Purchase Warrant | $8.89 | P | 913242 | Acquired | 2029-09-30 | Common Stock (913242) | Indirect |
Footnotes
F1: On September 30, 2024, in connection with a Subordinated Note of the same date, the Issuer entered into a Securities Purchase Agreement ("Securities Purchase Agreement") with The Hideaway Entertainment, LLC and First Idea Ventures LLC, pursuant to which The Hideaway Entertainment, LLC agreed to purchase a warrant to purchase up to 228,310 shares of common stock, par value $0.01 per share, of the Issuer ("Common Stock"), at a purchase price of $8.89 per share, from the Issuer for a total purchase price of $1,000,000, and First Idea Ventures LLC agreed to purchase a warrant to purchase up to 913,242 shares of Common Stock, at a purchase price of $8.89 per share from the Issuer for a total purchase price of $4,000,000.
F2: The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.