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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/8/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1589361 |
| Issuer Name: White River Energy Corp. |
| Issuer Trading Symbol: WTRV |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1671357 |
| | Owner Name: May Randy |
| Reporting Owner Address: |
| | Owner Street 1: 609 W/DICKSON ST., SUITE 102 G |
| | Owner Street 2: |
| | Owner City: FAYETTEVILLE |
| | Owner State: AR |
| | Owner ZIP Code: 72701 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Executive Officer |
| | Other Text: |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 3/8/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,000,000 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 6,330,454 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,587,063 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By May Family Foundation |
| Footnote ID: F3 |
| Footnotes: |
| Footnote - F1: Represents shares of common stock issuable under Restricted Stock Units ("RSUs"). The RSUs vest in five equal annual increments over a five-year period with the first vesting date on March 8, 2025. The grant and any issuances thereunder are exempt from Section 16(b) of the Securities Exchange Act of 1934 by virtue of Rule 16b-3 promulgated thereunder, as it was approved by the Board of Directors of the Issuer. |
| Footnote - F2: Does not include 4,500,000 shares of common stock issuable upon vesting of RSUs granted on December 2, 2022. |
| Footnote - F3: The shares are held by The May Family Foundation, which Mr. May may be deemed to beneficially own as his niece is a control person of that entity. |
| Owner Signature: |
| Signature Name: /s/ Randy May |
| Signature Date: 3/12/24 |
