Company: REI
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001628280-25-017570
Chunk: 77

Company: RING ENERGY, INC.
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 77
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| Total                                                      |     |                                                                                             |     | 5,774,520 |                                                                             |     |       |                                                                                                                                   |     | 5,317,129 |

(1) As of December 31, 2024, the Company had 3,817,128 shares of granted RSUs that had not yet vested, 1,891,892 shares of granted PSUs that had not yet vested and assumes a 100% issuance related to the PSU awards which have a range of 0% to 200% based on the results of the performance criteria of the award, and 65,500 outstanding stock options that had not been exercised and issued. The outstanding stock options have a weighted average exercise price of $10.70. The outstanding RSUs and PSUs do not have an exercise price.

#### DELINQUENT SECTION 16(A) REPORTS
Section 16(a) of the Exchange Act requires our officers and directors, and persons who own more than ten percent of a registered class of our equity securities, to file initial reports of ownership and reports of changes in ownership with the SEC. Such persons are required by SEC regulations to furnish us with copies of all Section 16(a) forms they file.

Based on the Company’s review of these reports filed electronically with the SEC and written representations received from reporting persons, we believe that all of our directors and officers complied with the reporting requirements of Section 16(a) of the Exchange Act during 2024, except with respect to one Form 4 for Ms. Roesener reporting two transactions that was not timely filed and one Form 4 for Mr. Young reporting one transaction that was not timely filed.

#### 78

#### 2025 PROXY STATEMENT
PROPOSAL 2:

NON-BINDING, ADVISORY VOTE TO APPROVE NAMED EXECUTIVE OFFICER COMPENSATION

In accordance with Section 14A of the Exchange Act, we are providing our stockholders the opportunity to cast a non-binding, advisory vote on the compensation of our NEOs, as disclosed in this proxy statement. The stockholder vote on executive compensation is an advisory vote only, and it is not binding on the Company, the Board, or the Compensation Committee. Although the vote is non-binding, the Compensation Committee and the Board value the opinions of the Company’s stockholders and will consider the outcome of the vote when making future compensation decisions.

As described under the heading “Compensation Discussion and Analysis,” we believe our compensation