Morrisett Michael R. bought EP
April 22, 2024 · Form 4 insider transaction
Morrisett Michael R. bought 73,389 shares of Empire Petroleum Corporation at $5.00 per share, a transaction worth $366.9K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Acquired (buy-side)
Shares
73,389
Price
$5.00
Total value
$366.9K
InsiderMorrisett Michael R.
Role—
SecurityCommon Stock
Transaction codeM: Option exercise
Transaction dateApril 22, 2024
Filing dateApril 24, 2024
Shares owned after533,172
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents shares of the Issuer's common stock purchased by the reporting person following the exercise of subscription rights, pursuant to the Issuer's rights offering to holders of common stock, as described in the Issuer's prospectus supplement dated March 7, 2024, as supplemented by the Issuer's prospectus supplement dated March 28, 2024 (the "Rights Offering").