Thoresen Erik 4
4 · Prairie Operating Co. · Filed Mar 28, 2025
Insider Transaction Report
Form 4
Thoresen Erik
Director
Transactions
- Purchase
Stock Option (right to buy)
2025-03-26$0.01/sh+300,000$3,000→ 300,000 total(indirect: See Footnote)Exercise: $0.25From: 2025-03-26Exp: 2027-08-31→ Common Stock (300,000 underlying)
Footnotes (2)
- [F1]The non-compensatory option grant was made pursuant to a Non-Compensatory Option Agreement entered into on August 30, 2022, pursuant to which the options become exercisable upon the achievement of certain production milestones. The achievement of all of the production milestones with respect to these options occurred on March 26, 2025, resulting in these options becoming fully exercisable on such date.
- [F2]The options are held by Blackstem Forest, LLC, of which the Reporting Person is the manager.