Doris James Andrew 4
4 · CAMBER ENERGY, INC. · Filed Aug 1, 2023
Insider Transaction Report
Form 4
Doris James Andrew
DirectorChief Executive Officer
Transactions
- Award
Common Stock
[F1]2023-08-01+222,223→ 222,223 total - Award
Series A Convertible Preferred Stock
[F2][F1][F3]2023-08-01+28,092→ 28,092 totalFrom: 2023-08-01→ Common Stock (25,001,880 underlying) - Award
Warrants
[F4][F1]2023-08-01+1,666,667→ 1,666,667 totalFrom: 2023-08-01Exp: 2027-12-29→ Common Stock (1,666,667 underlying)
Footnotes (4)
- [F1]On August 1, 2023 (the "Effective Time"), pursuant to the Amended and Restated Agreement and Plan of Merger, as amended on April 18, 2023, between Camber Energy, Inc. ("Camber") and Viking Energy Group, Inc. ("Viking), each (a) share of Viking's common stock issued and outstanding immediately prior to the Effective Time, other than shares owned by Camber, Viking and Viking Merger Sub, Inc., was converted into the right to receive one share of Camber's common stock, (b) share of Viking's Series C Convertible Preferred Stock issued and outstanding immediately prior to the Effective Time was converted into the right to receive one share of Camber's Series A Convertible Preferred Stock and (c) outstanding option or warrant to purchase Viking's common stock ("Viking Option") vested and was converted into an option or warrant to purchase Camber's common stock on substantially the same terms as were applicable to such Viking Option immediately prior to the Effective Time.
- [F2]Each share of Series A Convertible Preferred Stock is convertible into 890 shares of Camber's common stock.
- [F3]The Series A Convertible Preferred Stock is perpetual and has no expiration date.
- [F4]Each warrant represents the right to purchase one share of Camber's common stock at an exercise price of $0.001 per share.
Signature
/s/ James A Doris|2023-08-01