Gregory Phillip Pipkin - 22 Aug 2023 Form 4/A Insider Report for Sable Offshore Corp. (SOC)

Role
Director
Signature
/s/ Gregory D. Patrinely, Attorney-in-Fact
Issuer symbol
SOC
Transactions as of
22 Aug 2023
Transactions value $
$1,000,000
Form type
4/A
Date filed
30 Apr 2024, 18:22
Date Of Original Report
16 Feb 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 Conversion of derivative security +96.9K +645.83% 112K 22 Aug 2023 Direct F1, F2
transaction SOC Common Stock Purchase $1M +100K +89.39% $10.00 212K 14 Feb 2024 Direct

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 22 Aug 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.

Remarks:

This amendment to Form 4 is being filed to correct the number of shares of Class B Common Stock that were converted by the reporting person on August 22, 2023 and to correct the total number of shares of Common Stock beneficially owned by the Reporting Person following the purchase of shares on February 14, 2024.