Gaines Wehrle - May 7, 2021 Form 4 Insider Report for PRIMEENERGY RESOURCES CORP (PNRG)

Signature
/s/ Ebersole Gaines Wehrle
Stock symbol
PNRG
Transactions as of
May 7, 2021
Transactions value $
-$423,701
Form type
4
Date filed
5/11/2021, 04:09 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PNRG Common Stock Sale -$4.41K -100 -0.36% $44.09 27.3K May 7, 2021 By The Gaines Wehrle Revocable Trust Indenture dated November 4, 2011
transaction PNRG Common Stock Sale -$16.5K -376 -1.38% $43.81 26.9K May 7, 2021 By The Gaines Wehrle Revocable Trust Indenture dated November 4, 2011 F1
transaction PNRG Common Stock Sale -$5.57K -130 -0.48% $42.83 26.8K May 7, 2021 By The Gaines Wehrle Revocable Trust Indenture dated November 4, 2011 F2
transaction PNRG Common Stock Sale -$367K -8.89K -33.19% $41.26 17.9K May 7, 2021 By The Gaines Wehrle Revocable Trust Indenture dated November 4, 2011 F3
transaction PNRG Common Stock Sale -$30.3K -750 -4.19% $40.38 17.2K May 7, 2021 By The Gaines Wehrle Revocable Trust Indenture dated November 4, 2011 F4
holding PNRG Common Stock 182K May 7, 2021 By The Gaines Wehrle 2008 Family Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Gaines Wehrle is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.47 to $43.95, inclusive. The reporting person undertakes to provide to PrimeEnergy Resources Corporation, any security holder of PrimeEnergy Resources Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.28 to $42.99, inclusive. The reporting person undertakes to provide to PrimeEnergy Resources Corporation, any security holder of PrimeEnergy Resources Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.00 to $41.86, inclusive. The reporting person undertakes to provide to PrimeEnergy Resources Corporation, any security holder of PrimeEnergy Resources Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.05 to $40.92, inclusive. The reporting person undertakes to provide to PrimeEnergy Resources Corporation, any security holder of PrimeEnergy Resources Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4.

Remarks:

This Form 4 constitutes an exit filing for the reporting person, as he no longer holds more than 10% of a registered class of equity securities of PrimeEnergy Resources Corporation, and as such, is no longer subject to Section 16 under the Securities Exchange Act of 1934, as amended.