Stephen Lee - Jun 5, 2025 Form 4 Insider Report for Prairie Operating Co. (PROP)

Role
Director
Signature
/s/ Edward Kovalik, as attorney-in-fact for Stephen Lee
Stock symbol
PROP
Transactions as of
Jun 5, 2025
Transactions value $
$0
Form type
4
Date filed
6/9/2025, 09:10 PM
Previous filing
Jun 25, 2024
Next filing
Aug 15, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Lee Stephen Director 55 WAUGH DRIVE, SUITE 400, HOUSTON /s/ Edward Kovalik, as attorney-in-fact for Stephen Lee 2025-06-09 0001955297

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PROP Common Stock Options Exercise +4.57K +106.6% 8.86K Jun 5, 2025 Direct F1

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 PROP Restricted Stock Units Options Exercise $0 -7.61K -100% $0.00 0 Jun 5, 2025 Common Stock 7.61K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 he restricted stock units ("RSUs") were granted on June 12, 2024, vested on June 5, 2025. Each RSU represents a contingent right to receive (a) with respect to 60% of the RSUs, one share of common stock, par value $0.01 per share, of the Issuer ("Common Stock"), and (b) with respect to 40% of the RSUs, either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock.
F2 Pursuant to the terms of the award agreement, 60% of the RSUs were settled in Common Stock and 40% of the RSUs were settled in cash.