Dillard Michael E. 4
4 · Flame Acquisition Corp. · Filed Nov 22, 2022
Insider Transaction Report
Form 4
Dillard Michael E.
Director
Transactions
- Purchase
Warrants
2022-11-21$0.71/sh+300,000$213,570→ 350,000 total(indirect: By IRA)Exercise: $11.50→ Class A Common Stock (300,000 underlying) - Purchase
Warrants
2022-11-18$0.66/sh+50,000$32,815→ 50,000 total(indirect: By IRA)Exercise: $11.50→ Class A Common Stock (50,000 underlying) - Purchase
Warrants
2022-11-21$0.72/sh+50,000$36,020→ 50,000 total(indirect: By IRA)Exercise: $11.50→ Class A Common Stock (50,000 underlying)
Footnotes (4)
- [F1]The warrants will become exercisable, if at all, on the later of 30 days after the completion of the Issuer's initial business combination or 12 months from the closing of the Issuer's initial public offering. The warrants will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or liquidation.
- [F2]The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.60 to $0.70. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants purchased at each separate price within the range set forth in this footnote.
- [F3]The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.67 to $0.7467. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants purchased at each separate price within the range set forth in this footnote.
- [F4]The price reported in Column 8 is a weighted average price. These warrants were purchased in multiple transactions at prices ranging from $0.67 to $0.75. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants purchased at each separate price within the range set forth in this footnote.