SEC Form 4 · accession 0001493152-16-007328
Prairie Operating Co. · PROP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Michael Macaluso
Officer — CEO, President · Director · 10% Owner
Period of report
Feb 9, 2016
Accepted (ET)
Feb 11, 2016 · 5:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001162896
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per shareF2 | Feb 9, 2016 | J | 100,000 | $0.00 | A | 8,600,213 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Macaluso acquired the 100,000 shares of common stock by assignment from the Executor of the estate of a family member.
- F2Mr. Macaluso currently owns: (i) 8,600,213 shares of common stock; (ii) 2,900,000 stock options at an exercise price of $0.44 per share, of which all options have vested as of today; (iii) 120,000 stock options at an exercise price of $0.40 per share, of which all options have vested as of today; (iv) 900,000 stock options at an exercise price of $1.00 per share, which shall vest quarterly over the period beginning on March 19, 2015 and ending March 18, 2016, of which approximately 775,000 options have vested as of today; (v) 900,000 stock options at an exercise price of $1.25 per share, which shall vest quarterly over the period beginning on March 19, 2016 and ending March 18, 2017; and (vi) 900,000 stock options at an exercise price of $1.50 per share, which shall vest quarterly over the period beginning on March 18, 2017 and ending March 18, 2018.