4//SEC Filing
Weinzierl John A 4
Accession 0001437749-25-000990
CIK 0000101594other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 4:54 PM ET
Size
14.4 KB
Accession
0001437749-25-000990
Insider Transaction Report
Form 4
US ENERGY CORPUSEG
John Alfred Weinzierl 2020 Trust u/a November 10, 2020
10% OwnerOther
Transactions
- Award
Common Stock
2025-01-09+1,400,000→ 1,400,000 total(indirect: By LLC)
Holdings
- 3,124,893(indirect: By Trust)
Common Stock
- 417,826
Common Stock
- 4,853,565
Common Stock
Katla Energy Holdings LLC
10% OwnerOther
Transactions
- Award
Common Stock
2025-01-09+1,400,000→ 1,400,000 total(indirect: By LLC)
Holdings
- 417,826
Common Stock
- 3,124,893(indirect: By Trust)
Common Stock
- 4,853,565
Common Stock
Weinzierl John A
Director10% OwnerOther
Transactions
- Award
Common Stock
2025-01-09+1,400,000→ 1,400,000 total(indirect: By LLC)
Holdings
- 3,124,893(indirect: By Trust)
Common Stock
- 4,853,565
Common Stock
- 417,826
Common Stock
Footnotes (6)
- [F1]Excludes shares of common stock relating to the voting group described below under "Remarks". Represents shares of common stock, $0.01 par value per share of the Issuer ("Common Stock"), held by Mr. Weinzierl directly. This Form 4 is filed jointly by John A. Weinzierl and Katla. Mr. Weinzierl is the 100% owner of all of the equity of Katla. Mr. Weinzierl is also the Chairman of U.S. Energy Corp. and is the Trustee of the Trust (defined below). Mr. Weinzierl disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.
- [F2]Excludes shares of common stock relating to the voting group described below under "Remarks". Represents shares of Common Stock held by Katla Energy Holdings LLC ("Katla"). The shares held by Katla may be deemed to be beneficially owned by Mr. Weinzierl due to his ownership of 100% of Katla and his position as Managing Member of Katla.
- [F3]3. Excludes shares of common stock relating to the voting group described below under "Remarks". Represents shares of Common Stock held by John Alfred Weinzierl 2020 Trust, u/t/a November 10, 2020 (the "Trust"). The shares held by the Trust may be deemed to be beneficially owned by Mr. Weinzierl due to his position as Trustee of the Trust.
- [F4]Mr. Weinzierl disclaims beneficial ownership other than to the extent of his pecuniary interest therein.
- [F5]Shares are owned directly by Synergy Offshore LLC ("Synergy"). Katla is an owner of member interests in Synergy Producing Properties, LLC ("SPP"), which is the 100% owner of Synergy. Mr. Weinzierl and Katla may be deemed to beneficially own the shares of common stock owned by Synergy based on certain member rights in SPP. Mr. Weinzierl and Katla disclaim beneficial ownership in such shares other than to the extent of their pecuniary interest therein..
- [F6]The shares were issued by the Issuer, and acquired by Synergy, as seller, pursuant to a Purchase and Sale Agreement (the "PSA") as partial consideration for the sale of assets by the seller. No fair market value has been determined or allocated at this time to the share consideration or other non-cash consideration issued under the PSA.
Documents
Issuer
US ENERGY CORP
CIK 0000101594
Entity typeother
Related Parties
1- filerCIK 0001377295
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 4:54 PM ET
- Size
- 14.4 KB