4//SEC Filing
KESSLER PAUL L. 4
Accession 0001493152-24-014224
CIK 0001162896other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 4:30 PM ET
Size
9.0 KB
Accession
0001493152-24-014224
Insider Transaction Report
Form 4
KESSLER PAUL
Director10% Owner
Transactions
- Conversion
Common Stock
2024-04-08$6.00/sh+150,000$900,000→ 1,524,613 total(indirect: By affiliate)
Holdings
- 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 4/8/24, Bristol Investment Fund, Ltd. ("BIF") exercised warrants to purchase a total of 150,000 shares of common stock at an exercise price of $6.00 per share for an aggregate purchase price of $900,000.00.
- [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, and a Series D "A" warrant for 292,472 shares (expires May 2028).
- [F3]Mr. Kessler has voting and dispositive control over the following securities: (i) 1,135,826 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, (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
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 4:30 PM ET
- Size
- 9.0 KB