William R. Kruse - Jul 14, 2021 Form 4 Insider Report for RING ENERGY, INC. (REI)

Role
10%+ Owner
Signature
/s/ William R. Kruse
Stock symbol
REI
Transactions as of
Jul 14, 2021
Transactions value $
$2,793,900
Form type
4
Date filed
7/16/2021, 04:25 PM
Next filing
Jul 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REI Common Stock, par value $0.001 Purchase $1.96M +700K +6.63% $2.80 11.3M Jul 14, 2021 Direct F1
transaction REI Common Stock par value $0.001 Purchase $834K +310K +2.75% $2.69 11.6M Jul 15, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.71 to $2.859 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.
F2 The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.639 to $2.739 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.