4//SEC Filing
KESSLER PAUL L. 4
Accession 0001493152-24-000150
CIK 0001162896other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 6:32 PM ET
Size
10.5 KB
Accession
0001493152-24-000150
Insider Transaction Report
Form 4
KESSLER PAUL
Director10% Owner
Transactions
- Conversion
Common Stock
2023-12-29$5.00/sh−60,000$300,000→ 1,232,141 total(indirect: By affiliate)
Holdings
- 292,472(indirect: By affiliates)
Warrant
→ Warrant (292,472 underlying) - 292,472(indirect: By affiliates)
Warrant
→ Warrant (292,472 underlying) - 797,072(indirect: By affiliates)
Series D Preferred Stock
→ Series Preferred Stock (797,072 underlying)
Footnotes (3)
- [F1]On 12/29/23, Bristol Investment Fund, Ltd. ("BIF") sold 60,000 shares of common stock of the Issuer in a private transaction to an unaffiliated third party at $5.00 per share for an aggregate purchase price of $300,000.00.
- [F2]BIF holds 3,985.36 shares of Series D Preferred Stock (with stated value of $1,000 per share), convertible at $5.00 per share, a Series D "A" warrant for 292,472 shares (expires May 2028) and a Series D "B" warrant for 292,472 shares (expires May 2024).
- [F3]Mr. Kessler has voting and dispositive control over the following securities: (i) 843,354 shares of common stock held by Bristol Investment Fund, Ltd., a Cayman Islands exempted company ("BIF") (managed by Bristol Capital Advisors, LLC, a Delaware LLC), (ii) 384,160 shares of common stock held by Bristol Capital, LLC, a Delaware LLC ("BC"), (iii) 3,985.36 shares of Series D Preferred Stock held by BIF, (iv) a Series D "A" warrant for 292,472 shares of common stock and a Series D "B" warrant for 292,472 shares of common stock held by BIF, (v) 3,250 shares of common stock held by Mr. Kessler in his personal capacity; and (vi) 1,377 shares of common stock held by Bristol Capital Advisors Profit Sharing Plan.
Documents
Issuer
Prairie Operating Co.
CIK 0001162896
Entity typeother
Related Parties
1- filerCIK 0001113835
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 6:32 PM ET
- Size
- 10.5 KB