0001437749-24-008730.txt : 20240320
0001437749-24-008730.hdr.sgml : 20240320
20240320184427
ACCESSION NUMBER: 0001437749-24-008730
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240319
FILED AS OF DATE: 20240320
DATE AS OF CHANGE: 20240320
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: King Duane H
CENTRAL INDEX KEY: 0001903594
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-06814
FILM NUMBER: 24768974
MAIL ADDRESS:
STREET 1: 9821 KATY FREEWAY
STREET 2: SUITE 805
CITY: HOUSTON
STATE: TX
ZIP: 77024
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: King Oil & Gas Company, Inc.
CENTRAL INDEX KEY: 0001938274
ORGANIZATION NAME:
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-06814
FILM NUMBER: 24768973
BUSINESS ADDRESS:
STREET 1: 9821 KATY FREEWAY
STREET 2: SUITE 805
CITY: HOUSTON
STATE: TX
ZIP: 77024
BUSINESS PHONE: 713-752-8619
MAIL ADDRESS:
STREET 1: 9821 KATY FREEWAY
STREET 2: SUITE 805
CITY: HOUSTON
STATE: TX
ZIP: 77024
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: US ENERGY CORP
CENTRAL INDEX KEY: 0000101594
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 830205516
STATE OF INCORPORATION: WY
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1616 S. VOSS, SUITE 725
CITY: HOUSTON
STATE: TX
ZIP: 77057
BUSINESS PHONE: 303 993 3200
MAIL ADDRESS:
STREET 1: 1616 S. VOSS, SUITE 725
CITY: HOUSTON
STATE: TX
ZIP: 77057
FORMER COMPANY:
FORMER CONFORMED NAME: WESTERN STATES MINING INC
DATE OF NAME CHANGE: 19851229
4
1
rdgdoc.xml
FORM 4
X0508
4
2024-03-19
0000101594
US ENERGY CORP
USEG
0001903594
King Duane H
9821 KATY FWY
SUITE 805
HOUSTON
TX
77024
1
0001938274
King Oil & Gas Company, Inc.
9821 KATY FWY
SUITE 805
HOUSTON
TX
77024
1
Director owned entity
0
Common Stock
2024-03-19
4
A
0
60000
0
A
148913
D
Common Stock
2027399
D
Represents restricted stock shares subject to time-based vesting, which vest at the rate of 50% on June 2, 2024 and 50% on January 2, 2025, subject to the recipient's continued service to the Issuer.
Issued to the Reporting Person in consideration for services rendered and agreed to be rendered to the Issuer as a member of the Board of Directors of the Issuer.
Excludes shares of common stock relating to the voting group included under "Remarks".
Represents shares of common stock, $0.01 par value per share of the Issuer, held by Mr. Duane H. King.
Represents shares of common stock, $0.01 par value per share of the Issuer, held by King Oil & Gas Company, Inc. ("King Oil"), which is 100% owned by Duane K. King. The shares held by King Oil may be deemed to be beneficially owned by Mr. King due to his status as Chief Executive Officer of King Oil.
By virtue of being party to a Nominating and Voting Agreement, dated as of January 5, 2022, as amended September 16, 2023 (the "Voting Agreement"), Mr. King and King Oil may be deemed to be a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended. The reporting persons disclaim beneficial ownership of any securities owned by any of the other signatories to the Voting Agreement (and/or their control persons) and the filing of this Form 4 shall not be deemed an admission, for purposes of Section 16 of the Exchange Act or otherwise, that any of the reporting persons and any other person or persons constitute a "group" for purposes of Section 13(d)(3) of the Exchange Act or Rule 13d-5 thereunder. In addition, none of the reporting persons have any pecuniary interest in any of the securities beneficially owned by any of the other signatories to the Voting Agreement (and/or their control persons).
/s/ Duane H. King
2024-03-20
/s/ Duane H. King, Chief Executive Officer of King Oil and Gas Company, Inc.
2024-03-20