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US ENERGY CORP — Director's Dealing 2024
Mar 20, 2024
34687_dirs_2024-03-20_6bc32111-950f-408b-b805-827afe5c81de.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: US ENERGY CORP (USEG)
CIK: 0000101594
Period of Report: 2024-03-19
Reporting Person: Smith Ryan Lewis (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-19 | Common Stock | A | 170000 | — | Acquired | 705514 | Direct |
| 2024-03-19 | Common Stock | A | 170000 | — | Acquired | 875514 | Direct |
Footnotes
F1: Represents restricted stock shares subject to time-based vesting, which vest at the rate of 1/3rd of such shares on each of the three anniversaries of the grant date, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.
F2: Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as an officer of the Issuer. Issued under the Issuer's 2022 Equity Compensation Plan.
F3: Represents restricted stock shares which vest to the Reporting Person, if ever, if the Issuer's common stock share price is equal to or greater than $2.00 per share for a period of at least 20 consecutive trading days, at any time following the one year anniversary of the grant date, and prior to the three year anniversary of the grant date, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.