Michael H. Gustin - Dec 17, 2020 Form 4 Insider Report for HighPeak Energy, Inc. (HPK)

Role: Director
Signature: /s/ Steven W. Tholen as Attorney in Fact for Michael H. Gustin
Stock symbol: HPK
Transactions as of: Dec 17, 2020
Transactions value $: -$268,650
Form type: 4
Date filed: 4/18/2022, 07:37 PM
Next filing: Jun 16, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPK	Common Stock, par value $0.0001 per share	Sale	-$27.4K	-2K	-10.57%	$13.70	16.9K	Dec 17, 2020	By Family Trust	F1
transaction	HPK	Common Stock, par value $0.0001 per share	Sale	-$241K	-12.5K	-73.9%	$19.30	4.41K	Dec 23, 2020	By Family Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares of common stock, par value $0.0001 per share ("common stock") of HighPeak Energy, Inc. (the "Issuer"), were sold in multiple transactions at prices ranging from $12.45 to $14.34, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares of common stock of the Issuer sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
F2	The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions at prices ranging from $17.83 to $19.97, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of common stock of the Issuer sold at each separate price within the ranges set forth in this footnote (2) to this Form 4..

Content

The price reported in Column 4 is a weighted average price. These shares of common stock, par value $0.0001 per share ("common stock") of HighPeak Energy, Inc. (the "Issuer"), were sold in multiple transactions at prices ranging from $12.45 to $14.34, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares of common stock of the Issuer sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.

The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions at prices ranging from $17.83 to $19.97, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares of common stock of the Issuer sold at each separate price within the ranges set forth in this footnote (2) to this Form 4..