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Filing Details

Accession Number:: 0000950142-22-001004
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-03-10 18:39:44
Reporting Period:: 2022-03-08

Accepted Time:: 2022-03-10 18:39:44
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1824403	Reservoir Media Inc.	RSVR	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1501578	P. Ryan Taylor	C/O Reservoir Media, Inc. 75 Varick Street, 9Th Floor New York NY 10013		Yes	No	No	Yes

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.0001 Par Value	Acquisiton	2022-03-08	39,821	$7.19	121,559	No	4	P	Indirect	By Richmond Hill Capital Partners, LP
Common Stock, $0.0001 Par Value	Acquisiton	2022-03-09	10,552	$7.38	132,111	No	4	P	Indirect	By Richmond Hill Capital Partners, LP
Common Stock, $0.001 Par Value	Acquisiton	2022-03-10	354	$7.49	132,465	No	4	P	Indirect	By Richmond Hill Capital Partners, LP
Common Stock, $0.0001 Par Value	Acquisiton	2022-03-08	92,914	$7.19	283,639	No	4	P	Indirect	By Essex Equity Joint Investment Vehicle, LLC
Common Stock, $0.0001 Par Value	Acquisiton	2022-03-09	24,620	$7.38	308,259	No	4	P	Indirect	By Essex Equity Joint Investment Vehicle, LLC
Common Stock, $0.001 Par Value	Acquisiton	2022-03-10	826	$7.49	309,085	No	4	P	Indirect	By Essex Equity Joint Investment Vehicle, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Richmond Hill Capital Partners, LP
No	4	P	Indirect	By Richmond Hill Capital Partners, LP
No	4	P	Indirect	By Richmond Hill Capital Partners, LP
No	4	P	Indirect	By Essex Equity Joint Investment Vehicle, LLC
No	4	P	Indirect	By Essex Equity Joint Investment Vehicle, LLC
No	4	P	Indirect	By Essex Equity Joint Investment Vehicle, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.0001 Par Value	13,592,793	Indirect	By ER Reservoir LLC

Footnotes

The 39,821 shares of common stock, par value $0.0001 per share (the "Shares"), of Reservoir Media, Inc. (the "Issuer") reported on this Form 4 were purchased in multiple trades at prices ranging from $6.98 to $7.50 per Share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
The amount of securities shown in this row is owned directly by Richmond Hill Capital Partners, LP ("RHCP"). Ryan P. Taylor is the managing member of the general partner of RHCP and the manager of the general partner of Richmond Hill Investment Co., LP, the investment adviser to RHCP, and may be deemed to be a beneficial owner of the Shares owned by RHCP. Mr. Taylor disclaims any beneficial ownership of any of the Issuer's securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, except to the extent of his pecuniary interest therein, and the inclusion of the Shares in this Report shall not be deemed an admission of beneficial ownership of the reported Shares for purposes of Section 16 of the Exchange Act, or for any other purpose.
The 10,552 Shares reported on this Form 4 were purchased in multiple trades at prices ranging from $7.22 to $7.50 per Share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
The 354 Shares reported on this Form 4 were purchased in multiple trades at prices ranging from $7.445 to $7.50 per Share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
The 92,914 Shares reported on this Form 4 were purchased in multiple trades at prices ranging from $6.98 to $7.50 per Share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
The amount of securities shown in this row is owned directly by Essex Equity Joint Investment Vehicle, LLC ("EEJIV"). Ryan P. Taylor owns an equity interest in an entity that may be deemed to have a pecuniary interest in the Shares owned by EEJIV and therefore may be deemed to be a beneficial owner of the Shares owned by EEJIV. Mr. Taylor disclaims any beneficial ownership of any of the Issuer's securities reported herein for purposes of Section 16 of the Exchange Act or otherwise, except to the extent of his pecuniary interest therein, and the inclusion of the Shares in this Report shall not be deemed an admission of beneficial ownership of the reported Shares for purposes of Section 16 of the Exchange Act, or for any other purpose.
The 24,620 Shares reported on this Form 4 were purchased in multiple trades at prices ranging from $7.22 to $7.50 per Share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
The 826 Shares reported on this Form 4 were purchased in multiple trades at prices ranging from $7.445 to $7.50 per Share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
The amount of securities shown in this row is owned directly by ER Reservoir LLC (the "Fund"). Ryan P. Taylor is the manager of the general partner of a manager of the Fund and may be deemed to be a beneficial owner of the Shares owned by the Fund. The Fund received these securities in connection with the agreement and plan of merger, dated as of April 14, 2021, by and among Reservoir Media, Inc. (formerly known as Roth CH Acquisition II Co. ("RMI")), Roth CH II Merger Sub Corp. ("Merger Sub") and Reservoir Holdings, Inc. ("Reservoir"), pursuant to which Merger Sub merged with and into Reservoir, with Reservoir surviving the merger as a wholly-owned subsidiary of RMI (the "Business Combination"). The Fund received these Shares as consideration for the Business Combination. Mr. Taylor disclaims any beneficial ownership of any of the Issuer's securities reported herein for purposes of Section 16 of the Exchange Act or otherwise, (Con't in FN 10)
(Con't from FN 9) except to the extent of his pecuniary interest therein, and the inclusion of the Shares in this Report shall not be deemed an admission of beneficial ownership of the reported Shares for purposes of Section 16 of the Exchange Act, or for any other purpose.