4//SEC Filing
KESSLER PAUL L. 4
Accession 0001683168-24-001485
CIK 0001162896other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 8:20 PM ET
Size
10.5 KB
Accession
0001683168-24-001485
Insider Transaction Report
Form 4
KESSLER PAUL
Director10% Owner
Transactions
- Conversion
Common Stock
2024-03-13$6.00/sh+142,472$854,832→ 1,374,613 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) - 150,000(indirect: By affiliates)
Warrant
→ Warrant (150,000 underlying)
Footnotes (3)
- [F1]On 3/13/24, Bristol Investment Fund, Ltd. ("BIF") exercised warrants to purchase a total of 142,472 shares of common stock at an exercise price of $6.00 per share for an aggregate purchase price of $854,832.00.
- [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 150,000 shares (expires May 2024).
- [F3]Mr. Kessler has voting and dispositive control over the following securities: (i) 985,826 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 and a Series D "B" warrant for 150,000 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
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 8:20 PM ET
- Size
- 10.5 KB