Lee Stephen sold PROP
June 5, 2025 · Form 4 insider transaction
Lee Stephen sold 7,614 shares of Prairie Operating Co. at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
he restricted stock units ("RSUs") were granted on June 12, 2024, vested on June 5, 2025. Each RSU represents a contingent right to receive (a) with respect to 60% of the RSUs, one share of common stock, par value $0.01 per share, of the Issuer ("Common Stock"), and (b) with respect to 40% of the RSUs, either one share of Common Stock or an amount of cash equal to the fair market value of one share of Common Stock.; Pursuant to the terms of the award agreement, 60% of the RSUs were settled in Common Stock and 40% of the RSUs were settled in cash.