REI

SEC source: 0001628280-23-003383 · wf-form4_167632982554027.xml · nonDerivative · entry 1

McKinney Paul D. · CIK 0001622419 · Director · CEO and Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 805,778

F1 · shares: Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award granted under the Registrant's long-term incentive plan.

SEC source: 0001415889-22-011643 · form4-11212022_111157.xml · nonDerivative · entry 1

Woodrum Clayton Eugene · CIK 0001359110 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 222,526

SEC source: 0001104659-22-113030 · tm2228952-1_4seq1.xml · derivative · entry 3

STRONGHOLD ENERGY II OPERATING, LLC · CIK 0001944796 · 10% owner

STRONGHOLD ENERGY II INTERMEDIATE, LLC · CIK 0001944783 · 10% owner

STRONGHOLD ENERGY II HOLDINGS, LLC · CIK 0001944798 · 10% owner

BEN-DOR ROY · CIK 0001945400 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

Underlying: Common Stock · 42,548,892 shares

Expires 2027-09-30

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F2 · shares: Pursuant to the Certificate of Designation, the Preferred Stock was converted into Common Stock at a conversion rate of 277.7778 shares of Common Stock for each share of Preferred Stock.

F1 · price: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F1 · derivative.exercise_date: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F2 · derivative.underlying_shares: Pursuant to the Certificate of Designation, the Preferred Stock was converted into Common Stock at a conversion rate of 277.7778 shares of Common Stock for each share of Preferred Stock.

F4 · ownership.nature: The reported securities are held directly by Stronghold OpCo. Stronghold Energy II Intermediate, LLC ("Stronghold Intermediate") is the managing member of Stronghold OpCo, and Stronghold Energy II Holdings, LLC ("Stronghold Holdings" and, collectively with Stronghold OpCo and Stronghold Intermediate, the "Stronghold Entities") is the managing member of Stronghold Intermediate. In connection with the closing of the Purchase Agreement, Stronghold OpCo received the right to designate two directors to serve on the Issuer's Board, subject to certain approval rights of the Issuer. One of the designated directors, Roy Ben-Dor, is a managing director of Warburg Pincus & Company US, LLC ("Warburg Pincus").

F5 · ownership.nature: Warburg Pincus is the general partner of Warburg Pincus Partners II (US), L.P., which is the managing member of Warburg Pincus (E&P) Energy LLC and Warburg Pincus (E&P) XII LLC. Warburg Pincus (E&P) Energy LLC is the general partner of Warburg Pincus (E&P) Energy GP, L.P., which is the general partner of Warburg Pincus Energy (E&P)-A, L.P., WP Energy Stronghold Holdings, L.P., WP Energy Partners Stronghold Holdings, L.P., Warburg Pincus Energy (E&P) Partners-A, L.P., and Warburg Pincus Energy (E&P) Partners-B, L.P. Warburg Pincus Energy (E&P) Partners-B, L.P. is the managing member of Warburg Pincus Energy (E&P) Partners-B Stronghold, LLC.

F6 · ownership.nature: Warburg Pincus (E&P) XII LLC is the general partner of Warburg Pincus (E&P) XII, L.P., which is the general partner of Warburg Pincus XII (E&P) Partners-1, L.P., Warburg Pincus XII (E&P) Partners-2, L.P., WP XII Stronghold Holdings, L.P., WP XII (E&P) Partners (A), L.P., Warburg Pincus Private Equity (E&P) XII (A), L.P., Warburg Pincus Private Equity (E&P) XII-D (A), L.P., and Warburg Pincus Private Equity (E&P) XII-E (A), L.P. Warburg Pincus XII (E&P) Partners-2, L.P. is the managing member of Warburg Pincus XII (E&P) Partners-2 Stronghold, LLC (Warburg Pincus and the other entities listed in these footnotes 4 and 5, collectively, the "Warburg Entities").

F7 · ownership.nature: The Warburg Entities collectively hold a majority of the membership interest in Stronghold Holdings. Each of the Stronghold Entities, Warburg Entities and Roy Ben-Dor, (collectively, the "Reporting Persons") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the shares owned by the Stronghold and, therefore, a "ten percent holder" hereunder.

F8 · ownership.nature: Each of the Reporting Persons other than Stronghold OpCo disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

SEC source: 0001104659-22-113030 · tm2228952-1_4seq1.xml · nonDerivative · entry 2

STRONGHOLD ENERGY II OPERATING, LLC · CIK 0001944796 · 10% owner

STRONGHOLD ENERGY II INTERMEDIATE, LLC · CIK 0001944783 · 10% owner

STRONGHOLD ENERGY II HOLDINGS, LLC · CIK 0001944798 · 10% owner

BEN-DOR ROY · CIK 0001945400 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 59,594,853

F3 · kind: Represents a pro rata distribution of the post-conversion shares of Common Stock to various underlying members of Stronghold Energy II Holdings, LLC.

F4 · ownership.nature: The reported securities are held directly by Stronghold OpCo. Stronghold Energy II Intermediate, LLC ("Stronghold Intermediate") is the managing member of Stronghold OpCo, and Stronghold Energy II Holdings, LLC ("Stronghold Holdings" and, collectively with Stronghold OpCo and Stronghold Intermediate, the "Stronghold Entities") is the managing member of Stronghold Intermediate. In connection with the closing of the Purchase Agreement, Stronghold OpCo received the right to designate two directors to serve on the Issuer's Board, subject to certain approval rights of the Issuer. One of the designated directors, Roy Ben-Dor, is a managing director of Warburg Pincus & Company US, LLC ("Warburg Pincus").

F5 · ownership.nature: Warburg Pincus is the general partner of Warburg Pincus Partners II (US), L.P., which is the managing member of Warburg Pincus (E&P) Energy LLC and Warburg Pincus (E&P) XII LLC. Warburg Pincus (E&P) Energy LLC is the general partner of Warburg Pincus (E&P) Energy GP, L.P., which is the general partner of Warburg Pincus Energy (E&P)-A, L.P., WP Energy Stronghold Holdings, L.P., WP Energy Partners Stronghold Holdings, L.P., Warburg Pincus Energy (E&P) Partners-A, L.P., and Warburg Pincus Energy (E&P) Partners-B, L.P. Warburg Pincus Energy (E&P) Partners-B, L.P. is the managing member of Warburg Pincus Energy (E&P) Partners-B Stronghold, LLC.

F6 · ownership.nature: Warburg Pincus (E&P) XII LLC is the general partner of Warburg Pincus (E&P) XII, L.P., which is the general partner of Warburg Pincus XII (E&P) Partners-1, L.P., Warburg Pincus XII (E&P) Partners-2, L.P., WP XII Stronghold Holdings, L.P., WP XII (E&P) Partners (A), L.P., Warburg Pincus Private Equity (E&P) XII (A), L.P., Warburg Pincus Private Equity (E&P) XII-D (A), L.P., and Warburg Pincus Private Equity (E&P) XII-E (A), L.P. Warburg Pincus XII (E&P) Partners-2, L.P. is the managing member of Warburg Pincus XII (E&P) Partners-2 Stronghold, LLC (Warburg Pincus and the other entities listed in these footnotes 4 and 5, collectively, the "Warburg Entities").

F7 · ownership.nature: The Warburg Entities collectively hold a majority of the membership interest in Stronghold Holdings. Each of the Stronghold Entities, Warburg Entities and Roy Ben-Dor, (collectively, the "Reporting Persons") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the shares owned by the Stronghold and, therefore, a "ten percent holder" hereunder.

F8 · ownership.nature: Each of the Reporting Persons other than Stronghold OpCo disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

SEC source: 0001104659-22-113030 · tm2228952-1_4seq1.xml · nonDerivative · entry 1

STRONGHOLD ENERGY II OPERATING, LLC · CIK 0001944796 · 10% owner

STRONGHOLD ENERGY II INTERMEDIATE, LLC · CIK 0001944783 · 10% owner

STRONGHOLD ENERGY II HOLDINGS, LLC · CIK 0001944798 · 10% owner

BEN-DOR ROY · CIK 0001945400 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 63,888,878

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F4 · ownership.nature: The reported securities are held directly by Stronghold OpCo. Stronghold Energy II Intermediate, LLC ("Stronghold Intermediate") is the managing member of Stronghold OpCo, and Stronghold Energy II Holdings, LLC ("Stronghold Holdings" and, collectively with Stronghold OpCo and Stronghold Intermediate, the "Stronghold Entities") is the managing member of Stronghold Intermediate. In connection with the closing of the Purchase Agreement, Stronghold OpCo received the right to designate two directors to serve on the Issuer's Board, subject to certain approval rights of the Issuer. One of the designated directors, Roy Ben-Dor, is a managing director of Warburg Pincus & Company US, LLC ("Warburg Pincus").

F5 · ownership.nature: Warburg Pincus is the general partner of Warburg Pincus Partners II (US), L.P., which is the managing member of Warburg Pincus (E&P) Energy LLC and Warburg Pincus (E&P) XII LLC. Warburg Pincus (E&P) Energy LLC is the general partner of Warburg Pincus (E&P) Energy GP, L.P., which is the general partner of Warburg Pincus Energy (E&P)-A, L.P., WP Energy Stronghold Holdings, L.P., WP Energy Partners Stronghold Holdings, L.P., Warburg Pincus Energy (E&P) Partners-A, L.P., and Warburg Pincus Energy (E&P) Partners-B, L.P. Warburg Pincus Energy (E&P) Partners-B, L.P. is the managing member of Warburg Pincus Energy (E&P) Partners-B Stronghold, LLC.

F6 · ownership.nature: Warburg Pincus (E&P) XII LLC is the general partner of Warburg Pincus (E&P) XII, L.P., which is the general partner of Warburg Pincus XII (E&P) Partners-1, L.P., Warburg Pincus XII (E&P) Partners-2, L.P., WP XII Stronghold Holdings, L.P., WP XII (E&P) Partners (A), L.P., Warburg Pincus Private Equity (E&P) XII (A), L.P., Warburg Pincus Private Equity (E&P) XII-D (A), L.P., and Warburg Pincus Private Equity (E&P) XII-E (A), L.P. Warburg Pincus XII (E&P) Partners-2, L.P. is the managing member of Warburg Pincus XII (E&P) Partners-2 Stronghold, LLC (Warburg Pincus and the other entities listed in these footnotes 4 and 5, collectively, the "Warburg Entities").

F7 · ownership.nature: The Warburg Entities collectively hold a majority of the membership interest in Stronghold Holdings. Each of the Stronghold Entities, Warburg Entities and Roy Ben-Dor, (collectively, the "Reporting Persons") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the shares owned by the Stronghold and, therefore, a "ten percent holder" hereunder.

F8 · ownership.nature: Each of the Reporting Persons other than Stronghold OpCo disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

SEC source: 0001104659-22-113034 · tm2228952-3_4seq1.xml · derivative · entry 3

Warburg Pincus (E&P) XII LLC · CIK 0001912643 · 10% owner

Warburg Pincus (E&P) XII, L.P. · CIK 0001912644 · 10% owner

Warburg Pincus XII (E&P) Partners-2, L.P. · CIK 0001792220 · 10% owner

Warburg Pincus XII (E&P) Partners-1, L.P. · CIK 0001792222 · 10% owner

WP XII STRONGHOLD HOLDINGS, L.P. · CIK 0001945099 · 10% owner

WP XII (E&P) Partners (A), L.P. · CIK 0001792213 · 10% owner

Warburg Pincus Private Equity (E&P) XII-E (A), L.P. · CIK 0001792224 · 10% owner

Warburg Pincus Private Equity (E&P) XII-D (A), L.P. · CIK 0001792199 · 10% owner

Warburg Pincus Private Equity (E&P) XII (A), L.P. · CIK 0001792241 · 10% owner

WARBURG PINCUS XII (E&P) PARTNERS-2 STRONGHOLD, LLC · CIK 0001945090 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

Underlying: Common Stock · 42,548,892 shares

Expires 2027-09-30

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F2 · shares: Pursuant to the Certificate of Designation, the Preferred Stock was converted into Common Stock at a conversion rate of 277.7778 shares of Common Stock for each share of Preferred Stock.

F1 · price: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F1 · derivative.exercise_date: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F2 · derivative.underlying_shares: Pursuant to the Certificate of Designation, the Preferred Stock was converted into Common Stock at a conversion rate of 277.7778 shares of Common Stock for each share of Preferred Stock.

F4 · ownership.nature: The reported securities are held directly by Stronghold OpCo. Stronghold Energy II Intermediate, LLC ("Stronghold Intermediate") is the managing member of Stronghold OpCo, and Stronghold Energy II Holdings, LLC ("Stronghold Holdings" and, collectively with Stronghold OpCo and Stronghold Intermediate, the "Stronghold Entities") is the managing member of Stronghold Intermediate. In connection with the closing of the Purchase Agreement, Stronghold OpCo received the right to designate two directors to serve on the Issuer's Board, subject to certain approval rights of the Issuer. One of the designated directors, Roy Ben-Dor, is a managing director of Warburg Pincus & Company US, LLC ("Warburg Pincus").

F5 · ownership.nature: Warburg Pincus is the general partner of Warburg Pincus Partners II (US), L.P., which is the managing member of Warburg Pincus (E&P) Energy LLC and Warburg Pincus (E&P) XII LLC. Warburg Pincus (E&P) Energy LLC is the general partner of Warburg Pincus (E&P) Energy GP, L.P., which is the general partner of Warburg Pincus Energy (E&P)-A, L.P., WP Energy Stronghold Holdings, L.P., WP Energy Partners Stronghold Holdings, L.P., Warburg Pincus Energy (E&P) Partners-A, L.P., and Warburg Pincus Energy (E&P) Partners-B, L.P. Warburg Pincus Energy (E&P) Partners-B, L.P. is the managing member of Warburg Pincus Energy (E&P) Partners-B Stronghold, LLC.

F6 · ownership.nature: Warburg Pincus (E&P) XII LLC is the general partner of Warburg Pincus (E&P) XII, L.P., which is the general partner of Warburg Pincus XII (E&P) Partners-1, L.P., Warburg Pincus XII (E&P) Partners-2, L.P., WP XII Stronghold Holdings, L.P., WP XII (E&P) Partners (A), L.P., Warburg Pincus Private Equity (E&P) XII (A), L.P., Warburg Pincus Private Equity (E&P) XII-D (A), L.P., and Warburg Pincus Private Equity (E&P) XII-E (A), L.P. Warburg Pincus XII (E&P) Partners-2, L.P. is the managing member of Warburg Pincus XII (E&P) Partners-2 Stronghold, LLC (Warburg Pincus and the other entities listed in these footnotes 4 and 5, collectively, the "Warburg Entities").

F7 · ownership.nature: The Warburg Entities collectively hold a majority of the membership interest in Stronghold Holdings. Each of the Stronghold Entities, Warburg Entities and Roy Ben-Dor, (collectively, the "Reporting Persons") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the shares owned by the Stronghold and, therefore, a "ten percent holder" hereunder.

F8 · ownership.nature: Each of the Reporting Persons other than Stronghold OpCo disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

SEC source: 0001104659-22-113034 · tm2228952-3_4seq1.xml · nonDerivative · entry 2

Warburg Pincus (E&P) XII LLC · CIK 0001912643 · 10% owner

Warburg Pincus (E&P) XII, L.P. · CIK 0001912644 · 10% owner

Warburg Pincus XII (E&P) Partners-2, L.P. · CIK 0001792220 · 10% owner

Warburg Pincus XII (E&P) Partners-1, L.P. · CIK 0001792222 · 10% owner

WP XII STRONGHOLD HOLDINGS, L.P. · CIK 0001945099 · 10% owner

WP XII (E&P) Partners (A), L.P. · CIK 0001792213 · 10% owner

Warburg Pincus Private Equity (E&P) XII-E (A), L.P. · CIK 0001792224 · 10% owner

Warburg Pincus Private Equity (E&P) XII-D (A), L.P. · CIK 0001792199 · 10% owner

Warburg Pincus Private Equity (E&P) XII (A), L.P. · CIK 0001792241 · 10% owner

WARBURG PINCUS XII (E&P) PARTNERS-2 STRONGHOLD, LLC · CIK 0001945090 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 59,594,853

F3 · kind: Represents a pro rata distribution of the post-conversion shares of Common Stock to various underlying members of Stronghold Energy II Holdings, LLC.

F4 · ownership.nature: The reported securities are held directly by Stronghold OpCo. Stronghold Energy II Intermediate, LLC ("Stronghold Intermediate") is the managing member of Stronghold OpCo, and Stronghold Energy II Holdings, LLC ("Stronghold Holdings" and, collectively with Stronghold OpCo and Stronghold Intermediate, the "Stronghold Entities") is the managing member of Stronghold Intermediate. In connection with the closing of the Purchase Agreement, Stronghold OpCo received the right to designate two directors to serve on the Issuer's Board, subject to certain approval rights of the Issuer. One of the designated directors, Roy Ben-Dor, is a managing director of Warburg Pincus & Company US, LLC ("Warburg Pincus").

F5 · ownership.nature: Warburg Pincus is the general partner of Warburg Pincus Partners II (US), L.P., which is the managing member of Warburg Pincus (E&P) Energy LLC and Warburg Pincus (E&P) XII LLC. Warburg Pincus (E&P) Energy LLC is the general partner of Warburg Pincus (E&P) Energy GP, L.P., which is the general partner of Warburg Pincus Energy (E&P)-A, L.P., WP Energy Stronghold Holdings, L.P., WP Energy Partners Stronghold Holdings, L.P., Warburg Pincus Energy (E&P) Partners-A, L.P., and Warburg Pincus Energy (E&P) Partners-B, L.P. Warburg Pincus Energy (E&P) Partners-B, L.P. is the managing member of Warburg Pincus Energy (E&P) Partners-B Stronghold, LLC.

F6 · ownership.nature: Warburg Pincus (E&P) XII LLC is the general partner of Warburg Pincus (E&P) XII, L.P., which is the general partner of Warburg Pincus XII (E&P) Partners-1, L.P., Warburg Pincus XII (E&P) Partners-2, L.P., WP XII Stronghold Holdings, L.P., WP XII (E&P) Partners (A), L.P., Warburg Pincus Private Equity (E&P) XII (A), L.P., Warburg Pincus Private Equity (E&P) XII-D (A), L.P., and Warburg Pincus Private Equity (E&P) XII-E (A), L.P. Warburg Pincus XII (E&P) Partners-2, L.P. is the managing member of Warburg Pincus XII (E&P) Partners-2 Stronghold, LLC (Warburg Pincus and the other entities listed in these footnotes 4 and 5, collectively, the "Warburg Entities").

F7 · ownership.nature: The Warburg Entities collectively hold a majority of the membership interest in Stronghold Holdings. Each of the Stronghold Entities, Warburg Entities and Roy Ben-Dor, (collectively, the "Reporting Persons") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the shares owned by the Stronghold and, therefore, a "ten percent holder" hereunder.

F8 · ownership.nature: Each of the Reporting Persons other than Stronghold OpCo disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

SEC source: 0001104659-22-113034 · tm2228952-3_4seq1.xml · nonDerivative · entry 1

Warburg Pincus (E&P) XII LLC · CIK 0001912643 · 10% owner

Warburg Pincus (E&P) XII, L.P. · CIK 0001912644 · 10% owner

Warburg Pincus XII (E&P) Partners-2, L.P. · CIK 0001792220 · 10% owner

Warburg Pincus XII (E&P) Partners-1, L.P. · CIK 0001792222 · 10% owner

WP XII STRONGHOLD HOLDINGS, L.P. · CIK 0001945099 · 10% owner

WP XII (E&P) Partners (A), L.P. · CIK 0001792213 · 10% owner

Warburg Pincus Private Equity (E&P) XII-E (A), L.P. · CIK 0001792224 · 10% owner

Warburg Pincus Private Equity (E&P) XII-D (A), L.P. · CIK 0001792199 · 10% owner

Warburg Pincus Private Equity (E&P) XII (A), L.P. · CIK 0001792241 · 10% owner

WARBURG PINCUS XII (E&P) PARTNERS-2 STRONGHOLD, LLC · CIK 0001945090 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 63,888,878

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F4 · ownership.nature: The reported securities are held directly by Stronghold OpCo. Stronghold Energy II Intermediate, LLC ("Stronghold Intermediate") is the managing member of Stronghold OpCo, and Stronghold Energy II Holdings, LLC ("Stronghold Holdings" and, collectively with Stronghold OpCo and Stronghold Intermediate, the "Stronghold Entities") is the managing member of Stronghold Intermediate. In connection with the closing of the Purchase Agreement, Stronghold OpCo received the right to designate two directors to serve on the Issuer's Board, subject to certain approval rights of the Issuer. One of the designated directors, Roy Ben-Dor, is a managing director of Warburg Pincus & Company US, LLC ("Warburg Pincus").

F5 · ownership.nature: Warburg Pincus is the general partner of Warburg Pincus Partners II (US), L.P., which is the managing member of Warburg Pincus (E&P) Energy LLC and Warburg Pincus (E&P) XII LLC. Warburg Pincus (E&P) Energy LLC is the general partner of Warburg Pincus (E&P) Energy GP, L.P., which is the general partner of Warburg Pincus Energy (E&P)-A, L.P., WP Energy Stronghold Holdings, L.P., WP Energy Partners Stronghold Holdings, L.P., Warburg Pincus Energy (E&P) Partners-A, L.P., and Warburg Pincus Energy (E&P) Partners-B, L.P. Warburg Pincus Energy (E&P) Partners-B, L.P. is the managing member of Warburg Pincus Energy (E&P) Partners-B Stronghold, LLC.

F6 · ownership.nature: Warburg Pincus (E&P) XII LLC is the general partner of Warburg Pincus (E&P) XII, L.P., which is the general partner of Warburg Pincus XII (E&P) Partners-1, L.P., Warburg Pincus XII (E&P) Partners-2, L.P., WP XII Stronghold Holdings, L.P., WP XII (E&P) Partners (A), L.P., Warburg Pincus Private Equity (E&P) XII (A), L.P., Warburg Pincus Private Equity (E&P) XII-D (A), L.P., and Warburg Pincus Private Equity (E&P) XII-E (A), L.P. Warburg Pincus XII (E&P) Partners-2, L.P. is the managing member of Warburg Pincus XII (E&P) Partners-2 Stronghold, LLC (Warburg Pincus and the other entities listed in these footnotes 4 and 5, collectively, the "Warburg Entities").

F7 · ownership.nature: The Warburg Entities collectively hold a majority of the membership interest in Stronghold Holdings. Each of the Stronghold Entities, Warburg Entities and Roy Ben-Dor, (collectively, the "Reporting Persons") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the shares owned by the Stronghold and, therefore, a "ten percent holder" hereunder.

F8 · ownership.nature: Each of the Reporting Persons other than Stronghold OpCo disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

SEC source: 0001104659-22-113032 · tm2228952-2_4seq1.xml · derivative · entry 3

Warburg Pincus & Co US, LLC · CIK 0001635320 · 10% owner

Warburg Pincus Partners II (US), L.P. · CIK 0001658788 · 10% owner

Warburg Pincus (E&P) Energy LLC · CIK 0001774132 · 10% owner

Warburg Pincus (E&P) Energy GP, L.P. · CIK 0001774123 · 10% owner

Warburg Pincus Energy (E&P)-A, L.P. · CIK 0001774139 · 10% owner

WP ENERGY STRONGHOLD HOLDINGS, L.P. · CIK 0001945107 · 10% owner

WP ENERGY PARTNERS STRONGHOLD HOLDINGS, L.P. · CIK 0001945079 · 10% owner

Warburg Pincus Energy (E&P) Partners-B, L.P. · CIK 0001774137 · 10% owner

Warburg Pincus Energy (E&P) Partners-A, L.P. · CIK 0001774136 · 10% owner

WARBURG PINCUS ENERGY (E&P) PARTNERS-B STRONGHOLD, LLC · CIK 0001945097 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

Underlying: Common Stock · 42,548,892 shares

Expires 2027-09-30

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F2 · shares: Pursuant to the Certificate of Designation, the Preferred Stock was converted into Common Stock at a conversion rate of 277.7778 shares of Common Stock for each share of Preferred Stock.

F1 · price: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F1 · derivative.exercise_date: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F2 · derivative.underlying_shares: Pursuant to the Certificate of Designation, the Preferred Stock was converted into Common Stock at a conversion rate of 277.7778 shares of Common Stock for each share of Preferred Stock.

F4 · ownership.nature: The reported securities are held directly by Stronghold OpCo. Stronghold Energy II Intermediate, LLC ("Stronghold Intermediate") is the managing member of Stronghold OpCo, and Stronghold Energy II Holdings, LLC ("Stronghold Holdings" and, collectively with Stronghold OpCo and Stronghold Intermediate, the "Stronghold Entities") is the managing member of Stronghold Intermediate. In connection with the closing of the Purchase Agreement, Stronghold OpCo received the right to designate two directors to serve on the Issuer's Board, subject to certain approval rights of the Issuer. One of the designated directors, Roy Ben-Dor, is a managing director of Warburg Pincus & Company US, LLC ("Warburg Pincus").

F5 · ownership.nature: Warburg Pincus is the general partner of Warburg Pincus Partners II (US), L.P., which is the managing member of Warburg Pincus (E&P) Energy LLC and Warburg Pincus (E&P) XII LLC. Warburg Pincus (E&P) Energy LLC is the general partner of Warburg Pincus (E&P) Energy GP, L.P., which is the general partner of Warburg Pincus Energy (E&P)-A, L.P., WP Energy Stronghold Holdings, L.P., WP Energy Partners Stronghold Holdings, L.P., Warburg Pincus Energy (E&P) Partners-A, L.P., and Warburg Pincus Energy (E&P) Partners-B, L.P. Warburg Pincus Energy (E&P) Partners-B, L.P. is the managing member of Warburg Pincus Energy (E&P) Partners-B Stronghold, LLC.

F6 · ownership.nature: Warburg Pincus (E&P) XII LLC is the general partner of Warburg Pincus (E&P) XII, L.P., which is the general partner of Warburg Pincus XII (E&P) Partners-1, L.P., Warburg Pincus XII (E&P) Partners-2, L.P., WP XII Stronghold Holdings, L.P., WP XII (E&P) Partners (A), L.P., Warburg Pincus Private Equity (E&P) XII (A), L.P., Warburg Pincus Private Equity (E&P) XII-D (A), L.P., and Warburg Pincus Private Equity (E&P) XII-E (A), L.P. Warburg Pincus XII (E&P) Partners-2, L.P. is the managing member of Warburg Pincus XII (E&P) Partners-2 Stronghold, LLC (Warburg Pincus and the other entities listed in these footnotes 4 and 5, collectively, the "Warburg Entities").

F7 · ownership.nature: The Warburg Entities collectively hold a majority of the membership interest in Stronghold Holdings. Each of the Stronghold Entities, Warburg Entities and Roy Ben-Dor, (collectively, the "Reporting Persons") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the shares owned by the Stronghold and, therefore, a "ten percent holder" hereunder.

F8 · ownership.nature: Each of the Reporting Persons other than Stronghold OpCo disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

SEC source: 0001104659-22-113032 · tm2228952-2_4seq1.xml · nonDerivative · entry 2

Warburg Pincus & Co US, LLC · CIK 0001635320 · 10% owner

Warburg Pincus Partners II (US), L.P. · CIK 0001658788 · 10% owner

Warburg Pincus (E&P) Energy LLC · CIK 0001774132 · 10% owner

Warburg Pincus (E&P) Energy GP, L.P. · CIK 0001774123 · 10% owner

Warburg Pincus Energy (E&P)-A, L.P. · CIK 0001774139 · 10% owner

WP ENERGY STRONGHOLD HOLDINGS, L.P. · CIK 0001945107 · 10% owner

WP ENERGY PARTNERS STRONGHOLD HOLDINGS, L.P. · CIK 0001945079 · 10% owner

Warburg Pincus Energy (E&P) Partners-B, L.P. · CIK 0001774137 · 10% owner

Warburg Pincus Energy (E&P) Partners-A, L.P. · CIK 0001774136 · 10% owner

WARBURG PINCUS ENERGY (E&P) PARTNERS-B STRONGHOLD, LLC · CIK 0001945097 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 59,594,853

F3 · kind: Represents a pro rata distribution of the post-conversion shares of Common Stock to various underlying members of Stronghold Energy II Holdings, LLC.

F4 · ownership.nature: The reported securities are held directly by Stronghold OpCo. Stronghold Energy II Intermediate, LLC ("Stronghold Intermediate") is the managing member of Stronghold OpCo, and Stronghold Energy II Holdings, LLC ("Stronghold Holdings" and, collectively with Stronghold OpCo and Stronghold Intermediate, the "Stronghold Entities") is the managing member of Stronghold Intermediate. In connection with the closing of the Purchase Agreement, Stronghold OpCo received the right to designate two directors to serve on the Issuer's Board, subject to certain approval rights of the Issuer. One of the designated directors, Roy Ben-Dor, is a managing director of Warburg Pincus & Company US, LLC ("Warburg Pincus").

F5 · ownership.nature: Warburg Pincus is the general partner of Warburg Pincus Partners II (US), L.P., which is the managing member of Warburg Pincus (E&P) Energy LLC and Warburg Pincus (E&P) XII LLC. Warburg Pincus (E&P) Energy LLC is the general partner of Warburg Pincus (E&P) Energy GP, L.P., which is the general partner of Warburg Pincus Energy (E&P)-A, L.P., WP Energy Stronghold Holdings, L.P., WP Energy Partners Stronghold Holdings, L.P., Warburg Pincus Energy (E&P) Partners-A, L.P., and Warburg Pincus Energy (E&P) Partners-B, L.P. Warburg Pincus Energy (E&P) Partners-B, L.P. is the managing member of Warburg Pincus Energy (E&P) Partners-B Stronghold, LLC.

F6 · ownership.nature: Warburg Pincus (E&P) XII LLC is the general partner of Warburg Pincus (E&P) XII, L.P., which is the general partner of Warburg Pincus XII (E&P) Partners-1, L.P., Warburg Pincus XII (E&P) Partners-2, L.P., WP XII Stronghold Holdings, L.P., WP XII (E&P) Partners (A), L.P., Warburg Pincus Private Equity (E&P) XII (A), L.P., Warburg Pincus Private Equity (E&P) XII-D (A), L.P., and Warburg Pincus Private Equity (E&P) XII-E (A), L.P. Warburg Pincus XII (E&P) Partners-2, L.P. is the managing member of Warburg Pincus XII (E&P) Partners-2 Stronghold, LLC (Warburg Pincus and the other entities listed in these footnotes 4 and 5, collectively, the "Warburg Entities").

F7 · ownership.nature: The Warburg Entities collectively hold a majority of the membership interest in Stronghold Holdings. Each of the Stronghold Entities, Warburg Entities and Roy Ben-Dor, (collectively, the "Reporting Persons") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the shares owned by the Stronghold and, therefore, a "ten percent holder" hereunder.

F8 · ownership.nature: Each of the Reporting Persons other than Stronghold OpCo disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

SEC source: 0001104659-22-113032 · tm2228952-2_4seq1.xml · nonDerivative · entry 1

Warburg Pincus & Co US, LLC · CIK 0001635320 · 10% owner

Warburg Pincus Partners II (US), L.P. · CIK 0001658788 · 10% owner

Warburg Pincus (E&P) Energy LLC · CIK 0001774132 · 10% owner

Warburg Pincus (E&P) Energy GP, L.P. · CIK 0001774123 · 10% owner

Warburg Pincus Energy (E&P)-A, L.P. · CIK 0001774139 · 10% owner

WP ENERGY STRONGHOLD HOLDINGS, L.P. · CIK 0001945107 · 10% owner

WP ENERGY PARTNERS STRONGHOLD HOLDINGS, L.P. · CIK 0001945079 · 10% owner

Warburg Pincus Energy (E&P) Partners-B, L.P. · CIK 0001774137 · 10% owner

Warburg Pincus Energy (E&P) Partners-A, L.P. · CIK 0001774136 · 10% owner

WARBURG PINCUS ENERGY (E&P) PARTNERS-B STRONGHOLD, LLC · CIK 0001945097 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 63,888,878

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Pursuant to the purchase and sale agreement between Ring Energy, Inc. (the "Issuer," "Ring" or the "Company") and Stronghold Energy II Operating, LLC ("Stronghold OpCo") (the "Purchase Agreement"), Stronghold OpCo, who is the sole holder of record of the reported securities, converted the reported Series A Convertible Preferred Stock, $0.001 par value per share ("Preferred Stock") into shares of Common Stock upon approval from the holders of the Company under the NYSE American securities exchange rules and subject to the terms and conditions of the Certificate of Designation filed on August 30, 2022 (the "Certificate of Designation").

F4 · ownership.nature: The reported securities are held directly by Stronghold OpCo. Stronghold Energy II Intermediate, LLC ("Stronghold Intermediate") is the managing member of Stronghold OpCo, and Stronghold Energy II Holdings, LLC ("Stronghold Holdings" and, collectively with Stronghold OpCo and Stronghold Intermediate, the "Stronghold Entities") is the managing member of Stronghold Intermediate. In connection with the closing of the Purchase Agreement, Stronghold OpCo received the right to designate two directors to serve on the Issuer's Board, subject to certain approval rights of the Issuer. One of the designated directors, Roy Ben-Dor, is a managing director of Warburg Pincus & Company US, LLC ("Warburg Pincus").

F5 · ownership.nature: Warburg Pincus is the general partner of Warburg Pincus Partners II (US), L.P., which is the managing member of Warburg Pincus (E&P) Energy LLC and Warburg Pincus (E&P) XII LLC. Warburg Pincus (E&P) Energy LLC is the general partner of Warburg Pincus (E&P) Energy GP, L.P., which is the general partner of Warburg Pincus Energy (E&P)-A, L.P., WP Energy Stronghold Holdings, L.P., WP Energy Partners Stronghold Holdings, L.P., Warburg Pincus Energy (E&P) Partners-A, L.P., and Warburg Pincus Energy (E&P) Partners-B, L.P. Warburg Pincus Energy (E&P) Partners-B, L.P. is the managing member of Warburg Pincus Energy (E&P) Partners-B Stronghold, LLC.

F6 · ownership.nature: Warburg Pincus (E&P) XII LLC is the general partner of Warburg Pincus (E&P) XII, L.P., which is the general partner of Warburg Pincus XII (E&P) Partners-1, L.P., Warburg Pincus XII (E&P) Partners-2, L.P., WP XII Stronghold Holdings, L.P., WP XII (E&P) Partners (A), L.P., Warburg Pincus Private Equity (E&P) XII (A), L.P., Warburg Pincus Private Equity (E&P) XII-D (A), L.P., and Warburg Pincus Private Equity (E&P) XII-E (A), L.P. Warburg Pincus XII (E&P) Partners-2, L.P. is the managing member of Warburg Pincus XII (E&P) Partners-2 Stronghold, LLC (Warburg Pincus and the other entities listed in these footnotes 4 and 5, collectively, the "Warburg Entities").

F7 · ownership.nature: The Warburg Entities collectively hold a majority of the membership interest in Stronghold Holdings. Each of the Stronghold Entities, Warburg Entities and Roy Ben-Dor, (collectively, the "Reporting Persons") directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of some or all of the shares owned by the Stronghold and, therefore, a "ten percent holder" hereunder.

F8 · ownership.nature: Each of the Reporting Persons other than Stronghold OpCo disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 16 or for any other purposes.

SEC source: 0001415889-22-010847 · form4-10272022_031045.xml · nonDerivative · entry 1

Thomas Travis · CIK 0001857253 · CHIEF FINANCIAL OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 263,651

F1 · shares: Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award granted under the Registrant's long-term incentive plan.

SEC source: 0001415889-22-010437 · form4-10112022_031005.xml · nonDerivative · entry 1

McKinney Paul D. · CIK 0001622419 · Director · CEO AND CHAIRMAN OF THE BOARD

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 831,711

F1 · shares: Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award granted under the Registrant's long-term incentive plan.

SEC source: 0001415889-22-010435 · form4-10112022_031045.xml · nonDerivative · entry 1

Brooks Stephen Donald · CIK 0001835016 · VP-LAND, LEGAL HR, MARKETING

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 305,083

F1 · shares: Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award granted under the Registrant's long-term incentive plan.

SEC source: 0001415889-22-010433 · form4-10112022_031027.xml · nonDerivative · entry 1

Baghdati Marinos Christos · CIK 0001837145 · EXECUTIVE VP OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 305,083

F1 · shares: Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award granted under the Registrant's long-term incentive plan.

SEC source: 0001104659-22-097582 · tm2224933-6_4seq1.xml · nonDerivative · entry 1

Habachy David · CIK 0001738013 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,764

F1 · shares: The reporting person received restricted stock units ("RSUs") that will fully vest on February 9, 2023, subject to the terms of the restricted stock unit agreement. The vested RSUs will be settled by delivery of shares of Common Stock.

F1 · price: The reporting person received restricted stock units ("RSUs") that will fully vest on February 9, 2023, subject to the terms of the restricted stock unit agreement. The vested RSUs will be settled by delivery of shares of Common Stock.

SEC source: 0001104659-22-097998 · tm2224933-7_4aseq1.xml · nonDerivative · entry 1

Habachy David · CIK 0001738013 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,797

F2 · date: This amendment is being filed to correct (i) the date of the reported transaction, which was reflected as 09/02/2022 on the original filing, and (ii) the amount of reported securities, which inadvertently omitted a portion of the RSUs acquired on the transaction date.

F1 · shares: The reporting person received restricted stock units ("RSUs") that will fully vest on February 9, 2023, subject to the terms of the restricted stock unit agreement. The vested RSUs will be settled by delivery of shares of Common Stock.

F2 · shares: This amendment is being filed to correct (i) the date of the reported transaction, which was reflected as 09/02/2022 on the original filing, and (ii) the amount of reported securities, which inadvertently omitted a portion of the RSUs acquired on the transaction date.

F1 · price: The reporting person received restricted stock units ("RSUs") that will fully vest on February 9, 2023, subject to the terms of the restricted stock unit agreement. The vested RSUs will be settled by delivery of shares of Common Stock.

F2 · balance_after: This amendment is being filed to correct (i) the date of the reported transaction, which was reflected as 09/02/2022 on the original filing, and (ii) the amount of reported securities, which inadvertently omitted a portion of the RSUs acquired on the transaction date.

SEC source: 0001214659-22-009625 · marketforms-56807.xml · nonDerivative · entry 1

Kruse William R · CIK 0001690137 · 10% owner

Kruse Deborah L · CIK 0001838804 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,846,948

F1 · shares: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.61 to $2.6997 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

F1 · price: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.61 to $2.6997 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

SEC source: 0001214659-22-009578 · marketforms-56796.xml · nonDerivative · entry 1

Kruse William R · CIK 0001690137 · 10% owner

Kruse Deborah L · CIK 0001838804 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,446,948

F1 · shares: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.57 to $2.75 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

F1 · price: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.57 to $2.75 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

SEC source: 0001415889-22-006831 · form4-06212022_060623.xml · nonDerivative · entry 1

Thomas Travis · CIK 0001857253 · CHIEF FINANCIAL OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 275,826

F1 · shares: Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award on June 17, 2022 granted under the Registrant's long-term incentive plan.

SEC source: 0001415889-22-006826 · form4-06212022_050626.xml · nonDerivative · entry 1

Dyes Alexander · CIK 0001837536 · VP ENGINEERING & CORP STRATEGY

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 321,317

F1 · shares: Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award on June 17, 2022 granted under the Registrant's long-term incentive plan.

SEC source: 0001415889-22-006828 · form4-06212022_050642.xml · nonDerivative · entry 1

Baghdati Marinos Christos · CIK 0001837145 · EXECUTIVE VP OPERATIONS

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 321,317

F1 · shares: Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award on June 17, 2022 granted under the Registrant's long-term incentive plan.

SEC source: 0001415889-22-006824 · form4-06212022_050605.xml · nonDerivative · entry 1

Brooks Stephen Donald · CIK 0001835016 · VP-LAND, LEGAL HR, MARKETING

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 321,317

F1 · shares: Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award on June 17, 2022 granted under the Registrant's long-term incentive plan.

SEC source: 0001415889-22-006821 · form4-06212022_050659.xml · nonDerivative · entry 1

McKinney Paul D. · CIK 0001622419 · Director · CEO AND CHAIRMAN OF THE BOARD

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 861,552

F1 · shares: Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award on June 17, 2022 granted under the Registrant's long-term incentive plan.

SEC source: 0001104659-22-065929 · tm2217105-1_4seq1.xml · nonDerivative · entry 1

Woodrum Clayton Eugene · CIK 0001359110 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 234,526

SEC source: 0001593968-22-000439 · primary_01.xml · nonDerivative · entry 1

Petrelli Anthony Benedict · CIK 0001354750 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 237,526

F1 · price: This restricted stock unit award vests on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001593968-22-000441 · primary_01.xml · nonDerivative · entry 1

HARRIS RICHARD E · CIK 0001244730 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 237,526

F1 · price: This restricted stock unit award vests on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001593968-22-000436 · primary_01.xml · nonDerivative · entry 1

CRUM JOHN A · CIK 0001240204 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 237,526

F1 · price: This restricted stock unit award vests on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001593968-22-000434 · primary_01.xml · nonDerivative · entry 1

MITCHELL THOMAS L · CIK 0001250243 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 237,526

F1 · price: This restricted stock unit award vests on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001593968-22-000440 · primary_01.xml · nonDerivative · entry 1

Woodrum Clayton Eugene · CIK 0001359110 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 237,526

F1 · price: This restricted stock unit award vests on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001593968-22-000438 · primary_01.xml · nonDerivative · entry 1

Thomas Travis · CIK 0001857253 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 281,645

F1 · price: This restricted stock unit award vests on an equal annual basis over a three-year period with the first vesting date on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001593968-22-000437 · primary_01.xml · nonDerivative · entry 1

McKinney Paul D. · CIK 0001622419 · CEO and Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 884,826

F1 · price: This restricted stock unit award vests on an equal annual basis over a three-year period with the first vesting date on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001593968-22-000435 · primary_01.xml · nonDerivative · entry 1

Dyes Alexander · CIK 0001837536 · EVP Engineering, Corp Strategy

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 327,136

F1 · price: This restricted stock unit award vests on an equal annual basis over a three-year period with the first vesting date on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001593968-22-000433 · primary_01.xml · nonDerivative · entry 1

Roesener Regina · CIK 0001789267 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 311,126

F1 · price: This restricted stock unit award vests on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001593968-22-000432 · primary_01.xml · nonDerivative · entry 1

Brooks Stephen Donald · CIK 0001835016 · EVP-Land, Legal, HR, Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 327,136

F1 · price: This restricted stock unit award vests on an equal annual basis over a three-year period with the first vesting date on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001593968-22-000431 · primary_01.xml · nonDerivative · entry 1

Baghdati Marinos Christos · CIK 0001837145 · Executive VP Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 327,136

F1 · price: This restricted stock unit award vests on an equal annual basis over a three-year period with the first vesting date on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001104659-22-026261 · tm227207-2_4aseq1.xml · nonDerivative · entry 1

Petrelli Anthony Benedict · CIK 0001354750 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 493,726

F1 · price: This restricted stock unit award vests on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

F2 · balance_after: Includes 256,200 shares of common stock previously reported as indirectly owned by the reporting person's IRA accounts.

F3 · balance_after: This Form 4 has been amended to include indirect holdings that were previously omitted.

SEC source: 0001104659-22-026262 · tm227207-3_4aseq1.xml · nonDerivative · entry 1

Woodrum Clayton Eugene · CIK 0001359110 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 237,526

F1 · price: This restricted stock unit award vests on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001104659-22-026260 · tm227207-1_4aseq1.xml · nonDerivative · entry 1

Roesener Regina · CIK 0001789267 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 311,126

F1 · price: This restricted stock unit award vests on February 9, 2023, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.

SEC source: 0001593968-21-002464 · primary_01.xml · nonDerivative · entry 1

Thomas Travis · CIK 0001857253 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 209,960

F1 · shares: Shares of Common Stock withheld by Registrant to cover tax withholding obligations of the reporting person arising from the vesting of the restricted stock award on October 26, 2021 granted under the Ring Energy, Inc. 2011 Long-Term Incentive Plan.

F2 · balance_after: Includes 171,685 shares subject to vesting pursuant to restricted share awards granted under the Ring Energy, Inc. 2011 Long-Term Incentive Plan and the Ring Energy, Inc. 2021 Omnibus Incentive Plan.

SEC source: 0001593968-21-002468 · primary_01.xml · nonDerivative · entry 1

Brooks Stephen Donald · CIK 0001835016 · EVP-Land, Legal, HR, Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 255,451

F1 · shares: Shares of Common Stock withheld by Registrant to cover tax withholding obligations of the reporting person arising from the vesting of the restricted stock award on October 1, 2021 granted under the Ring Energy, Inc. 2011 Long-Term Incentive Plan.

F2 · balance_after: Includes 205,018 shares subject to vesting pursuant to restricted share awards granted under the Ring Energy, Inc. 2011 Long-Term Incentive Plan and the Ring Energy, Inc. 2021 Omnibus Incentive Plan.

SEC source: 0001593968-21-002467 · primary_01.xml · nonDerivative · entry 1

McKinney Paul D. · CIK 0001622419 · CEO and Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 598,088

F1 · shares: Shares of Common Stock withheld by Registrant to cover tax withholding obligations of the reporting person arising from the vesting of the restricted stock award on October 1, 2021 granted under the Ring Energy, Inc. 2011 Long-Term Incentive Plan.

F2 · balance_after: Includes 486,738 shares subject to vesting pursuant to restricted share awards granted under the Ring Energy, Inc. 2011 Long-Term Incentive Plan and the Ring Energy, Inc. 2021 Omnibus Incentive Plan.

SEC source: 0001593968-21-002466 · primary_01.xml · nonDerivative · entry 1

Baghdati Marinos Christos · CIK 0001837145 · Executive VP Operations

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 255,451

F1 · shares: Shares of Common Stock withheld by Registrant to cover tax withholding obligations of the reporting person arising from the vesting of the restricted stock award on October 1, 2021 granted under the Ring Energy, Inc. 2011 Long-Term Incentive Plan.

F2 · balance_after: Includes 205,018 shares subject to vesting pursuant to restricted share awards granted under the Ring Energy, Inc. 2011 Long-Term Incentive Plan and the Ring Energy, Inc. 2021 Omnibus Incentive Plan.

SEC source: 0001593968-21-002465 · primary_01.xml · nonDerivative · entry 1

Dyes Alexander · CIK 0001837536 · EVP Engineering, Corp Strategy

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 255,451

F1 · shares: Shares of Common Stock withheld by Registrant to cover tax withholding obligations of the reporting person arising from the vesting of the restricted stock award on October 1, 2021 granted under the Ring Energy, Inc. 2011 Long-Term Incentive Plan.

F2 · balance_after: Includes 205,018 shares subject to vesting pursuant to restricted share awards granted under the Ring Energy, Inc. 2011 Long-Term Incentive Plan and the Ring Energy, Inc. 2021 Omnibus Incentive Plan.

SEC source: 0001104659-21-123269 · tm2129323-1_4seq1.xml · nonDerivative · entry 1

Woodrum Clayton Eugene · CIK 0001359110 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 145,400

F1 · price: Voluntary early reporting of a gift by the Reporting Person. Shares held in the name of Patricia E. Woodrum & Clayton E. Woodrum TTEE's Clayton Woodrum Trust.

F1 · ownership.nature: Voluntary early reporting of a gift by the Reporting Person. Shares held in the name of Patricia E. Woodrum & Clayton E. Woodrum TTEE's Clayton Woodrum Trust.

SEC source: 0001214659-21-008888 · marketforms-53640.xml · nonDerivative · entry 2

Kruse William R · CIK 0001690137 · 10% owner

Kruse Deborah L · CIK 0001838804 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,939,734

F2 · shares: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $1.84 to $1.9683 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

F2 · price: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $1.84 to $1.9683 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

SEC source: 0001214659-21-008888 · marketforms-53640.xml · nonDerivative · entry 1

Kruse William R · CIK 0001690137 · 10% owner

Kruse Deborah L · CIK 0001838804 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,687,183

F1 · shares: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $1.85 to $2.01 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

F1 · price: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $1.85 to $2.01 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

SEC source: 0001214659-21-007614 · marketforms-53443.xml · nonDerivative · entry 1

Kruse William R · CIK 0001690137 · 10% owner

Kruse Deborah L · CIK 0001838804 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,175,682

F1 · shares: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.495 to $2.62 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

F1 · price: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.495 to $2.62 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

SEC source: 0001214659-21-007589 · marketforms-53429.xml · nonDerivative · entry 2

Kruse William R · CIK 0001690137 · 10% owner

Kruse Deborah L · CIK 0001838804 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,575,682

F2 · shares: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.639 to $2.739 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

F2 · price: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.639 to $2.739 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

SEC source: 0001214659-21-007589 · marketforms-53429.xml · nonDerivative · entry 1

Kruse William R · CIK 0001690137 · 10% owner

Kruse Deborah L · CIK 0001838804 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,265,682

F1 · shares: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.71 to $2.859 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.

F1 · price: The reporting persons executed trade orders through a broker dealer which resulted in multiple same-day, same-way open market purchases with prices ranging from $2.71 to $2.859 per share. The reporting persons have recorded these purchases on an aggregate basis using the weighted average price for the transactions. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number shares purchased at each separate price.