4//SEC Filing
Owen Robert Craig 4
Accession 0001493152-24-024018
CIK 0001162896other
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 9:44 PM ET
Size
12.1 KB
Accession
0001493152-24-024018
Insider Transaction Report
Form 4
Owen Robert Craig
EVP and CFO
Transactions
- Sale
Common Stock
2024-06-14$10.98/sh−12,286$134,900→ 230,550 total - Award
Common Stock
2024-06-12+47,963→ 247,963 total - Sale
Common Stock
2024-06-12$12.85/sh−5,127$65,882→ 242,836 total - Award
Performance Units
2024-06-12+31,976→ 31,976 total→ Common Stock (31,976 underlying)
Footnotes (5)
- [F1]Represents restricted stock units ("RSUs") granted under the 2024 Amended & Restated Prairie Operating Co. Long-Term Incentive Plan (the "LTIP"). Each RSU represents a contingent right to receive, upon vesting, one share of common stock, par value $0.01 per share, of the Issuer ("Common Stock"). The 47,963 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on March 5, 2025.
- [F2]Represents shares of Common Stock sold to cover tax withholding obligations.
- [F3]The price reported in this Column 4 is a weighted average price. These shares were sold in multiple transaction prices ranging from $12.75 to $13.18, inclusive. The reporting person undertakes to provide to Prairie Operating Co. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes (3) and (4) to this Form 4.
- [F4]The price reported in this Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.90 to $11.01, inclusive.
- [F5]Represents an award of performance units representing a contingent right to receive one share of Common Stock per performance unit. Between 0% and 200% of the target number of performance units granted, which were granted under the LTIP, are eligible to vest during a three-year performance period beginning on January 1, 2024 and ending on December 31, 2026 based on continued employment and the Issuer's relative total shareholder return in comparison to the total shareholder return performance among the Performance Peer Group (as defined in the award agreement).
Documents
Issuer
Prairie Operating Co.
CIK 0001162896
Entity typeother
Related Parties
1- filerCIK 0001452698
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 9:44 PM ET
- Size
- 12.1 KB