Filing Details

Accession Number:
0001775625-20-000040
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-02 08:25:33
Reporting Period:
2020-08-31
Accepted Time:
2020-09-02 08:25:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1775625 Smiledirectclub Inc. SDC () MI
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1216061 B David Katzman C/O Smiledirectclub, Inc.
414 Union Street
Nashville TN 37219
Ceo And Chairman Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2020-08-31 663,130 $8.05 663,130 No 4 P Indirect By DBK Investments LLC
Class A Common Stock Acquisiton 2020-08-31 615,000 $8.10 615,000 No 4 P Indirect By David B Katzman 2009 Family Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By DBK Investments LLC
No 4 P Indirect By David B Katzman 2009 Family Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 37,000 Indirect By spouse
Class A Common Stock 108,695 Direct
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.63 to $8.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote 1 to Form 4.
  2. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.87 to $8.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote 2 to Form 4.
  3. These shares are held of record by the David B Katzman 2009 Family Trust, of which the reporting person's children are the beneficiaries and the reporting person's brother, Steven Katzman, is the trustee.
  4. The total number of shares of the Issuer's Class A common stock reported herein includes RSUs which were previously reported on Table II of that certain Form 4 filed by the reporting person on September 17, 2019. Further settlements of such RSUs will not be reported on further Forms 4.