Company: REI
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001628280-25-017570
Chunk: 61

Company: RING ENERGY, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 61
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s in connection with various termination and change in control situations are set out as if the conditions for payment had occurred and the applicable triggering events took place on December 31, 2024, when the closing price of our Common Stock was $1.36.

Actual amounts that may be paid will depend on several factors, such as the date of each NEO’s separation or the occurrence of an actual change in control event, and the price of our Common Stock when the acceleration of the vesting of the equity award occurs. The disclosures below do not take into consideration any requirements under Section 409A of the Code, which could affect, among other things, the timing of payments and distributions.

#### 62

#### 2025 PROXY STATEMENT
| NAME/EVENT                                                                                                                      
 Paul D. McKinney (Tier 1)                                                                                                       |     | CASH SEVERANCE(1) |           |   | PRO-RATED TARGET BONUS AT 12/31/2024(2) |   |   | ACCELERATED STOCK INCENTIVE AWARD VESTING(3) |           |     | COMPANY-PAID COBRA PREMIUMS(4) |        |     | TOTAL |           |
|:--------------------------------------------------------------------------------------------------------------------------------|:----|:------------------|----------:|:--|:----------------------------------------|:--|:--|:---------------------------------------------|----------:|:----|:-------------------------------|-------:|:----|:------|----------:|
| Termination by Employee for Good Reason, or by Company without Cause                                                            |     | $                 | 2,440,000 |   | $                                       | — |   | $                                            | 2,760,138 |     | $                              | 50,720 |     | $     | 5,250,858 |
| Termination for Cause/Resignation without Good Reason                                                                           |     | $                 |         — |   | $                                       | — |   | $                                            |         — |     | $                              |      — |     | $     |         — |
| Change in Control                                                                                                               |     | $                 |         — |   | $                                       | — |   | $                                            |         — |     | $                              |      — |     | $     |         — |
| Termination without Cause/ Resignation for Good Reason in the 6 months prior to or the 24 months following a Change in Control. |     | $                 | 3,