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US ENERGY CORP — Director's Dealing 2024
Mar 20, 2024
34687_dirs_2024-03-20_d6368826-a558-4342-8184-202da36570d7.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: King Duane H (Director)
Reporting Person: King Oil & Gas Company, Inc. (Director owned entity)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-19 | Common Stock | A | 60000 | — | Acquired | 148913 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2027399 | Direct |
Footnotes
F1: Represents restricted stock shares subject to time-based vesting, which vest at the rate of 50% on June 2, 2024 and 50% on January 2, 2025, subject to the recipient's continued service to the Issuer.
F2: Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors of the Issuer.
F3: Excludes shares of common stock relating to the voting group included under "Remarks".
F4: Represents shares of common stock, $0.01 par value per share of the Issuer, held by Mr. Duane H. King.
F5: Represents shares of common stock, $0.01 par value per share of the Issuer, held by King Oil & Gas Company, Inc. ("King Oil"), which is 100% owned by Duane K. King. The shares held by King Oil may be deemed to be beneficially owned by Mr. King due to his status as Chief Executive Officer of King Oil.