US ENERGY CORP — Director's Dealing 2022

Jan 31, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: US ENERGY CORP (USEG)
CIK: 0000101594
Period of Report: 2022-01-05

Reporting Person: Weinzierl John A (Director, 10% Owner, Member of 10% owner group)
Reporting Person: Marsh Wallis T (Member of 10% owner group)
Reporting Person: Lubbock Energy Partners LLC (10% Owner, Member of 10% owner group)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6568828	Direct

Footnotes

F1: Excludes shares of common stock relating to the voting group described below under "Remarks", except as described in footnote (2). Mr. Weinzierl is also the owner of 33 1/3% of the outstanding membership interests of the limited liability company that owns 100% of the Membership Interests of Synergy (defined below), but in his capacity as a member of the parent of Synergy, he does not have voting or dispositive control over the shares of the Issuer held by Synergy, and he is therefore not deemed to beneficially own such shares, and such shares have not been included in his beneficial ownership as disclosed in this Form 3.

F2: Represents shares of common stock, $0.01 par value per share of the Issuer, held by Lubbock Energy Partners LLC ("Lubbock Energy"). The shares held by Lubbock Energy may be deemed to be beneficially owned by Mr. Weinzierl and Mr. Marsh due to their status as Chief Executive Officer and Manager, and Manager, respectively, of Lubbock Energy. Mr. Weinzierl and Mr. Marsh disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein.