SEC Form 4 · accession 0001493152-17-000325
Prairie Operating Co. · PROP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Kessler
Officer — Executive Chairman · Director · 10% Owner
Period of report
Jan 6, 2017
Accepted (ET)
Jan 10, 2017 · 2:36 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 | Jan 6, 2017 | P | 526,890 | $0.12 | A | 35,208,536 | I | See footnote |
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 ("BCA"), a Delaware limited liability company, of which Mr. Kessler, as the manager of BCA, has voting and dispositive power over the shares beneficially owned.
- F2This total includes: (i) 33,853,836 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, acting 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 derivative securities held by Mr. Kessler.