Stephen Slack - 19 Mar 2024 Form 4 Insider Report for US ENERGY CORP (USEG)

Role
Director
Signature
/s/ Ryan L. Smith, attorney-in-fact
Issuer symbol
USEG
Transactions as of
19 Mar 2024
Net transactions value
$0
Form type
4
Filing time
20 Mar 2024, 18:52:04 UTC
Previous filing
06 Jan 2023
Next filing
14 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USEG Common Stock Award $0 +60,000 +55% $0.000000 168,913 19 Mar 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock shares subject to time-based vesting, which vest at the rate of 50% on June 2, 2024 and 50% on January 2, 2025, subject to the recipient's continued service to the Issuer. Exempt pursuant to Rule 16b-3.
F2 Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors of the Issuer. Issued under the Issuer's 2022 Equity Compensation Plan.