X0306 4 2016-08-27 0 0001502377 Contango ORE, Inc. CTGO 0001508834 Greenberg Joseph G. 3700 BUFFALO SPEEDWAY, SUITE 925 HOUSTON TX 77098 1 0 0 0 Common Stock, par value $0.01 2016-08-27 4 M 0 2344 12.75 A 74082 D Common Stock, par value $0.01 2016-08-27 4 M 0 5833 10.00 A 79915 D Common Stock, par value $0.01 2016-08-27 4 M 0 2917 10.00 A 82832 D Stock Option (right to buy) 12.75 2016-08-27 4 M 0 5000 A 2016-09-15 Common Stock 5000 35000 D Stock Option (right to buy) 10.00 2016-08-27 4 M 0 10000 A 2017-07-03 Common Stock 10000 25000 D Stock Option (right to buy) 10.00 2016-08-27 4 M 0 5000 A 2017-12-07 Common Stock 5000 20000 D On August 27, 2016, the reporting person received 2,344 shares of Common Stock upon the net exercise of 5,000 of the reporting person's stock options that were granted on 9/15/2011. The reporting person forfeited 2,656 shares of Common Stock underlying the stock option in payment of the exercise price resulting from the exercise, using the closing stock price on August 26, 2016, of $24. These options fully vested on September 15, 2013. On August 27, 2016, the reporting person received 5,833 shares of Common Stock upon the net exercise of 10,000 of the reporting person's stock options that were granted on 7/3/2012. The reporting person forfeited 4,167 shares of Common Stock underlying the stock option in payment of the exercise price resulting from the exercise, using the closing stock price on August 26, 2016, of $24. These options fully vested on July 3, 2014. On August 27, 2016, the reporting person received 2,917 shares of Common Stock upon the net exercise of 5,000 of the reporting person's stock options that were granted on 12/7/2012. The reporting person forfeited 2,083 shares of Common Stock underlying the stock option in payment of the exercise price resulting from the exercise, using the closing stock price on August 26, 2016, of $24. These options fully vested on December 7, 2014. /s/ Leah Gaines as Attorney in Fact for Joseph G. Greenberg 2016-09-02