Christopher Binyon Sarofim - Aug 22, 2023 Form 4 Insider Report for Flame Acquisition Corp. (SOC)

Role: Director, 10%+ Owner
Signature: /s/ Gregory D. Patrinely, Attorney-in-Fact
Stock symbol: SOC
Transactions as of: Aug 22, 2023
Transactions value $: $60,000,000
Form type: 4
Date filed: 2/16/2024, 05:17 PM
Previous filing: May 25, 2023
Next filing: Apr 30, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SOC	Common Stock	Conversion of derivative security		+96.9K	+19.38%		597K	Aug 22, 2023	Direct	F1, F2
transaction	SOC	Common Stock	Purchase	$30M	+3M		$10.00	3M	Feb 14, 2024	By Victorious Angel Group LTD
transaction	SOC	Common Stock	Purchase	$30M	+3M		$10.00	3M	Feb 14, 2024	By Fayez Sarofim & Co.

Showing 1 to 3 of 3 entries

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	SOC	Class B Common Stock	Conversion of derivative security	$0	-96.9K	-100%	$0.00^*	0	Aug 22, 2023	Common Stock	96.9K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	In connection with the closing of the Issuer's business combination, each share of Class A Common Stock of Flame Acquisition Corp. was reclassified as Common Stock of the Issuer.
F2	On August 22, 2023, all outstanding Class B Common Stock automatically converted into Class A Common Stock at on a one-for-one basis.