Patrinely Gregory D. 4
4 · Sable Offshore Corp. · Filed Feb 16, 2024
Insider Transaction Report
Form 4
Patrinely Gregory D.
EVP, CFO
Transactions
- Award
Warrants
2024-02-14+256,667→ 334,167 totalExercise: $11.50From: 2024-03-15Exp: 2029-02-14→ Common Stock (256,667 underlying) - Conversion
Common Stock
2023-08-22+71,875→ 71,875 total - Conversion
Class B Common Stock
2023-08-22−71,875→ 0 total→ Common Stock (71,875 underlying)
Footnotes (3)
- [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.