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Prairie Operating Co. — Director's Dealing 2024
Oct 7, 2024
34225_dirs_2024-10-07_fa24d68f-bffe-47aa-a5ac-175c2125a89c.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: 2024-10-04
Reporting Person: KESSLER PAUL L. (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-10-04 | Common Stock | G | 16400 | — | Disposed | 1504113 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4100 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Series D Preferred Stock | $ | Series D Preferred Stock (797072) | 797072 | Indirect | |
| Warrant | $ | Warrant (292472) | 292472 | Indirect |
Footnotes
F1: Consists of: (i) 1,135,826 shares of common stock held by Bristol Investment Fund, Ltd., a Cayman Islands exempted company ("BIF") (managed by Bristol Capital Advisors, LLC, a Delaware LLC), (ii) 363,660 shares of common stock held by Bristol Capital, LLC, a Delaware LLC ("BC"), (iii) 1,377 shares of common stock held by Bristol Capital Advisors Profit Sharing Plan, and (iv) 3,250 shares of common stock held by Mr. Kessler in his personal capacity. The amount of shares reflected herein was reduced by 4,100 shares of common stock, which the Reporting Person gifted to his son.
F2: The Reporting Person disclaims beneficial ownership of these securities, and 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.
F3: BIF holds 3,985.36 shares of Series D Preferred Stock (with stated value of $1,000 per share), convertible at $5.00 per share, and a Series D "A" warrant for 292,472 shares (expires May 2028).