SCOTT D. KAUFMAN - 30 Sep 2021 Form 4 Insider Report for Creek Road Miners, Inc. (CRKR)

Role
CEO and President, Director, 10%+ Owner
Signature
/s/ Scott D. Kaufman
Issuer symbol
CRKR
Transactions as of
30 Sep 2021
Transactions value $
$0
Form type
4
Filing time
18 Feb 2022, 16:01:27 UTC
Previous filing
21 Sep 2021
Next filing
01 Apr 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRKR Series A Preferred Stock Award +6,249 +43% 20,798 30 Sep 2021 Common Stock 357,085 Direct F1
transaction CRKR Options Award $0 +2,625,000 $0 2,625,000 01 Dec 2021 Common Stock 2,625,000 $2.65 Direct F2
transaction CRKR Series A Preferred Stock Award +6,250 +30% 27,048 31 Dec 2021 Common Stock 357,143 Direct F1
holding CRKR Convertible Debenture 14,285,714 30 Sep 2021 Common Stock 14,285,714 $0.175 See Footnote 3. F3
holding CRKR Warrant 4,285,174 30 Sep 2021 Common Stock 4,285,174 $0.175 See Footnote 3. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series A Preferred Stock (the "Preferred Stock") is convertible into a number of shares of common stock determined by dividing the stated value of each share of Preferred Stock (currently $10) by the conversion price then in effect (currently $0.175). The Preferred Stock does not expire.
F2 Options granted pursuant to incentive and award plans. 25% of the options vest when the common share VWAP computed over 30 consecutive trading days reaches $2.50, $3.00, $3.50 and $4.00.
F3 Securities held by Barlock 2019 Fund, LP, an entity over which Scott Kaufman has managerial control.