James Caldwell Flores - 14 Feb 2024 Form 4 Insider Report for Flame Acquisition Corp. (SOC)

Role
President
Signature
/s/ Gregory D. Patrinely, Attorney-in-Fact
Issuer symbol
SOC
Transactions as of
14 Feb 2024
Transactions value $
$3,000,000
Form type
4
Filing time
16 Feb 2024, 17:35:23 UTC
Previous filing
23 Jan 2024
Next filing
30 Apr 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 Purchase $3M +300K +417.39% $10.00 372K 14 Feb 2024 Direct
holding SOC Common Stock 50K 14 Feb 2024 By Family LLC

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 Warrants Award +222K +286.02% 299K 14 Feb 2024 Common Stock 222K $11.50 Direct F1
holding SOC Warrants 215K 14 Feb 2024 Common Stock 215K $11.50 By Family LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Warrants received in connection with the closing of the Issuer's business combination pursuant to the terms of the Agreement and Plan of Merger, dated as of November 2, 2022 (as amended on December 22, 2022 and June 30, 2023), by and among Flame Acquisition Corp., Sable Offshore Corp. and Sable Offshore Holdings LLC.