Doris James Andrew 4
4 · VIKING ENERGY GROUP, INC. · Filed Aug 1, 2023
Insider Transaction Report
Form 4
Doris James Andrew
DirectorPresident and CEO10% Owner
Transactions
- Disposition to Issuer
Series C Preferred Stock
[F1]2023-08-01−28,092→ 0 total - Disposition to Issuer
Common Stock
[F1]2023-08-01−222,223→ 0 total - Disposition to Issuer
Common Stock Warrants
[F2]2023-08-01−1,666,667→ 0 totalExercise: $0.00From: 2017-12-29Exp: 2027-12-29→ Common Stock (1,666,667 underlying)
Footnotes (2)
- [F1]Pursuant to the terms of and subject to certain exceptions set forth in the Agreement and Plan of Merger, dated as of February 15, 2021, as amended on April 18, 2023 (the "Merger Agreement"), between Viking Energy Group, Inc. (the "Company") and Camber Energy, Inc. ("Camber"), each share of common stock of the Company outstanding immediately prior to the effective time of the merger (the "Effective Time") was automatically converted into the right to receive one share of Camber common stock, and each share of Series C Preferred Stock of the Company outstanding immediately prior to the Effective Time was automatically converted into the right to receive one share of Camber Series A Convertible Preferred Stock.
- [F2]Pursuant to the terms of the Merger Agreement, each option or warrant to purchase shares of common stock of the Company outstanding immediately prior to the Effective Time, whether vested or unvested, became fully vested and was automatically converted into an option or warrant, as applicable, to purchase, on substantially the same terms and conditions as were applicable to such option or warrant immediately prior to the Effective Time, except that instead of being exercisable into Company common stock, such option or warrant is exercisable into Camber common stock and all references to the Company are references to Camber.
Signature
/s/ James A. Doris|2023-08-01