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