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Sable Offshore Corp. — Director's Dealing 2024
Feb 16, 2024
31564_dirs_2024-02-16_016e8e41-bb23-401d-8fd0-5771d9986a0f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Sable Offshore Corp. (SOC)
CIK: 0001831481
Period of Report: 2023-08-22
Reporting Person: Patrinely Gregory D. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-22 | Common Stock | C | 71875 | — | Acquired | 71875 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-22 | Class B Common Stock | $ | C | 71875 | Disposed | Common Stock (71875) | Direct | |
| 2024-02-14 | Warrants | $11.50 | A | 256667 | Acquired | 2029-02-14 | Common Stock (256667) | Direct |
Footnotes
F1: In connection with the closing of the Issuer's business combination, each share of Class A Common Stock of Flame Acquisition Corp. was reclassified as Common Stock of the Issuer.
F2: On August 22, 2023, all outstanding Class B Common Stock automatically converted into Class A Common Stock at on a one-for-one basis.
F3: Represents Warrants received in connection with the closing of the Issuer's business combination pursuant to the terms of the Agreement and Plan of Merger, dated as of November 2, 2022 (as amended on December 22, 2022 and June 30, 2023), by and among Flame Acquisition Corp., Sable Offshore Corp. and Sable Offshore Holdings LLC.