James Caldwell Flores - 09 Oct 2024 Form 4 Insider Report for Sable Offshore Corp. (SOC)

Role
President
Signature
/s/ Gregory D. Patrinely, Attorney-in-Fact
Issuer symbol
SOC
Transactions as of
09 Oct 2024
Transactions value $
-$1,229,287
Form type
4
Filing time
11 Oct 2024, 20:30:31 UTC
Previous filing
22 May 2024
Next filing
29 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOC Common Stock Exercise of in-the-money or at-the-money derivative security $771K +67K +19.14% $11.50 417K 09 Oct 2024 By Family LLC
holding SOC Common Stock 722K 09 Oct 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 Warrants Sale -$1.14M -136K -63.11% $8.38 79.3K 09 Oct 2024 Common Stock 136K $11.50 By Family LLC F1
transaction SOC Warrants Sale -$26.1K -2.9K -3.66% $9.00 76.4K 09 Oct 2024 Common Stock 2.9K $11.50 By Family LLC F2
transaction SOC Warrants Exercise of in-the-money or at-the-money derivative security -$771K -67K -87.71% $11.50 9.39K 09 Oct 2024 Common Stock 67K $11.50 By Family LLC
transaction SOC Warrants Sale -$66.7K -9.39K -100% $7.11 0 10 Oct 2024 Common Stock 9.39K $11.50 By Family LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 8 is a weighted average price. These warrants were sold in multiple transactions at prices ranging from $7.97 to $8.93. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth in this footnote.
F2 The price reported in Column 8 is a weighted average price. These warrants were sold in multiple transactions at prices ranging from $8.98 to $9.02. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 8 is a weighted average price. These warrants were sold in multiple transactions at prices ranging from $7.05 to $7.16. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of warrants sold at each separate price within the range set forth in this footnote.