Kovalik Edward 4
4 · Prairie Operating Co. · Filed Aug 15, 2025
Insider Transaction Report
Form 4
Kovalik Edward
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2025-08-13+687,980→ 2,027,035 total - Award
Performance Units
2025-08-13+1,031,970→ 1,031,970 total→ Common Stock (1,031,970 underlying)
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") granted under the 2024 Amended & Restated Prairie Operating Co. Long-Term Incentive Plan (as amended, the "LTIP"). Each RSU represents a contingent right to receive, upon vesting, one share of common stock, par value $0.01 per share ("Common Stock"), of Prairie Operating Co. (the "Issuer"). The 687,980 RSUs reported on this Form 4 will vest ratably in three annual installments beginning on March 26, 2026.
- [F2]Represents an award of performance units representing a contingent right to receive one share of Common Stock per performance unit. Between 50% and 200% of the target number of performance units granted, which were granted under the LTIP, are eligible to vest during a three-year performance period beginning on January 1, 2025 and ending on December 31, 2027 based on continued employment and the Issuer's relative total shareholder return in comparison to the total shareholder return performance among the Performance Peer Group (as defined in the award agreement).