John D. Maatta - May 3, 2023 Form 4 Insider Report for Prairie Operating Co. (CRKR)

Signature
/s/ John D. Maatta
Stock symbol
CRKR
Transactions as of
May 3, 2023
Transactions value $
$276,206
Form type
4
Date filed
5/5/2023, 09:42 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRKR Common Stock Conversion of derivative security $1.46M +8.32M +41594.75% $0.18 8.34M May 3, 2023 Direct
transaction CRKR Common Stock Award $12.7K +72.9K +0.87% $0.18 8.41M May 3, 2023 Direct

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 CRKR Series A Preferred Stock Conversion of derivative security -$1.24M -124K -100% $10.00* 0 May 3, 2023 Common Stock 8.32M $0.18 Direct F1, F2
transaction CRKR Series D Convertible Preferred Stock Purchase $50K +50 $1,000.00* 50 May 3, 2023 Common Stock 286K $0.18 Direct F2
transaction CRKR A Common Stock Purchase Warrant Purchase $0 +286K +28571400% $0.00 286K May 3, 2023 Common Stock 286K $0.21 Direct
transaction CRKR B Common Stock Purchase Warrant Purchase $0 +286K $0.00 286K May 3, 2023 Common Stock 286K $0.21 Direct
transaction CRKR Stock Option (Right to Buy) Award $0 +20K $0.00 20K Jan 23, 2019 Common Stock 20K $0.25 Direct
transaction CRKR Stock Option (Right to Buy) Award $0 +100K +500% $0.00 120K Aug 3, 2020 Common Stock 10K $0.25 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John D. Maatta is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes $312,136 of accrued but unpaid dividends converted into shares of Common Stock at $0.175 per share.
F2 The preferred stock has no expiration date.