SEC Form 4 · accession 0001493152-16-015969
Prairie Operating Co. · PROP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Kessler
Officer — Chairman · Director · 10% Owner
Period of report
Dec 16, 2016
Accepted (ET)
Dec 16, 2016 · 4:34 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,F3,F1 | Dec 16, 2016 | P | 8,490,213 | $0.1347 | A | 34,681,646 | I | Please see explanation below |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were purchased by Bristol Investment Fund, Ltd., a Cayman Islands exempted company ("Bristol Investment") managed by Bristol Capital Advisors LLC ("Bristol Capital"), a Delaware limited liability company, of which Mr. Kessler, as the manager of Bristol Capital, has voting and dispositive power over the shares beneficially owned.
- F2This total includes: (i) 33,326,946 shares owned by Bristol Investment, (ii) 489,000 shares owned by Bristol Capital, LLC, a Delaware limited liability company, of which Mr. Kessler is the manager and, alone, has voting and dispositive power over the shares beneficially owned, (iii) 78,700 shares owned by Paul Kessler IRA Rollover, of which Mr. Kessler, acting alone, has voting and dispositive power over the shares beneficially owned, and (iv) 787,000 shares owned by Bristol Capital Pension and Profit Sharing, of which Mr. Kessler, acting alone, has voting and dispositive power over the shares beneficially owned.
- F3This total does not include: (i) shares issuable upon exercise of an option held by Mr. Kessler, individually, for 450,000 shares of common stock, (ii) 16,666,667 shares of common stock issuable upon conversion of convertible debentures issued by Wizard World, Inc. (the "Company") in favor of Bristol Investment in the aggregate amount of $2,500,000, and (iii) 16,666,667 shares issuable upon exercise of a Series A Common Stock Purchase Warrant issued by the Company in favor of Bristol Investment with an exercise price of $0.15 per share.