Thomas W. Pritchard - 27 May 2021 Form 4 Insider Report for EMPIRE PETROLEUM CORP (EP)

Role: Chief Executive Officer, Director
Signature: /s/ Thomas W. Pritchard
Issuer symbol: EP
Transactions as of: 27 May 2021
Net transactions value: -$150,000
Form type: 4
Filing time: 01 Jun 2021, 20:42:47 UTC
Next filing: 30 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EP	Common Stock	Exercise of in-the-money or at-the-money derivative security	$75,000	+300,000		$0.2500^*	300,000	27 May 2021	Direct
transaction	EP	Common Stock	Sale	$225,000	-300,000	-100%	$0.7500^*	0	27 May 2021	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	EP	Common Stock Warrant (Right to Buy)	Exercise of in-the-money or at-the-money derivative security	$0	-300,000	-60%	$0.000000	200,000	27 May 2021	Common Stock	300,000	$0.2500	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Common Stock Warrant was amended on 04/03/2019 to extend the expiration date from 12/31/2021 to 04/02/2029.