Sec Form 4 Filing - Doris James Andrew @ CAMBER ENERGY, INC. - 2023-08-01-05:00

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Doris James Andrew
2. Issuer Name and Ticker or Trading Symbol
CAMBER ENERGY, INC. [ CEI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
15915 KATY FREEWAY, SUITE 450
3. Date of Earliest Transaction (MM/DD/YY)
08/01-05:00/2023
(Street)
HOUSTON, TX77094
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/01-05:00/2023 A 222,223 A 222,223 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Convertible Preferred Stock ( 2 ) ( 1 ) 08/01-05:00/2023 A 28,092 08/01-05:00/2023 ( 3 ) Common Stock 25,001,880 ( 1 ) 28,092 D
Warrants ( 4 ) 08/01-05:00/2023 A 1,666,667 08/01-05:00/2023 12/29-05:00/2027 Common Stock 1,666,667 ( 1 ) 1,666,667 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Doris James Andrew
15915 KATY FREEWAY
SUITE 450
HOUSTON, TX77094
X Chief Executive Officer
Signatures
/s/ James A Doris 08/01-05:00/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On August 1, 2023 (the "Effective Time"), pursuant to the Amended and Restated Agreement and Plan of Merger, as amended on April 18, 2023, between Camber Energy, Inc. ("Camber") and Viking Energy Group, Inc. ("Viking), each (a) share of Viking's common stock issued and outstanding immediately prior to the Effective Time, other than shares owned by Camber, Viking and Viking Merger Sub, Inc., was converted into the right to receive one share of Camber's common stock, (b) share of Viking's Series C Convertible Preferred Stock issued and outstanding immediately prior to the Effective Time was converted into the right to receive one share of Camber's Series A Convertible Preferred Stock and (c) outstanding option or warrant to purchase Viking's common stock ("Viking Option") vested and was converted into an option or warrant to purchase Camber's common stock on substantially the same terms as were applicable to such Viking Option immediately prior to the Effective Time.
( 2 )Each share of Series A Convertible Preferred Stock is convertible into 890 shares of Camber's common stock.
( 3 )The Series A Convertible Preferred Stock is perpetual and has no expiration date.
( 4 )Each warrant represents the right to purchase one share of Camber's common stock at an exercise price of $0.001 per share.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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