Thomas W. Pritchard - 28 Feb 2022 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
28 Feb 2022
Transactions value $
$0
Form type
4
Filing time
02 Mar 2022, 19:45:43 UTC
Previous filing
14 Feb 2022
Next filing
28 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EP Common Stock Award $0 +40,000 $0 40,000 28 Feb 2022 Direct
holding EP Common Stock 78,333 28 Feb 2022 By Pritchard Energy Advisors, 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 EP Employee Stock Option (Right to Buy) Award $0 +120,000 $0 120,000 28 Feb 2022 Common Stock 120,000 $2.95 Direct F1
transaction EP Employee Stock Option (Right to Buy) Award $0 +120,000 $0 120,000 28 Feb 2022 Common Stock 120,000 $2.95 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Option vests in three equal annual installments beginning on February 28, 2023.
F2 The Option vests in one-third increments on each of the second, third and fourth anniversary of the date of the grant.