Energy Evolution Master Fund, Ltd. - 30 Dec 2021 Form 4 Insider Report for EMPIRE PETROLEUM CORP (EP)

Role
10%+ Owner
Signature
/s/ Sterling Mulacek
Issuer symbol
EP
Transactions as of
30 Dec 2021
Transactions value $
$5,770,429
Form type
4
Filing time
04 Jan 2022, 15:55:37 UTC
Previous filing
24 Jul 2023
Next filing
24 Jul 2023
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 $5,770,428 +4,616,343 +30.27% $1.25* 19,866,551 30 Dec 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 Senior Secured Note Due December 31, 2021 Exercise of in-the-money or at-the-money derivative security $0 -4,616,343 -100% $0* 0 30 Dec 2021 Common Stock 4,572,282 $1.25 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Gives effect to interest converted.
F2 The note was fully converted on 12/30/2021.
F3 Without giving effect to any interest that may be converted.