Filing Details
- Accession Number:
- 0001213900-23-069480
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-21 17:03:47
- Reporting Period:
- 2023-08-21
- Accepted Time:
- 2023-08-21 17:03:47
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1528930 | Franchise Group Inc. | FRG | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1323490 | W Richard Riley | 11100 Santa Monica Blvd., Suite 800 Los Angeles CA 90025 | No | No | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01 Per Share | Disposition | 2023-08-21 | 12,216 | $0.00 | 0 | No | 4 | S | Indirect | See footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | See footnote |
Footnotes
- These shares are held by the Survivor's Trust under the Riley Family Trust (the "Trust") for which Richard Riley (the "Reporting Person") acts as trustee.
- This statement is being filed by the Reporting Person. In connection with the Issuer's merger (the "Merger") with Freedom VCM Subco, Inc., a Delaware corporation ("Merger Sub") and wholly-owned subsidiary of Freedom VCM, Inc., a Delaware corporation ("Parent"), immediately prior to the effective time of the Merger and pursuant to a rollover agreement dated as of August 10, 2023, by and among the Trust, Freedom VCM Holdings, LLC ("Topco") and B. Riley Private Shares 2023-2 QP, LLC, a Delaware limited liability company ("BRQP") (the "Rollover Agreement"), the Trust contributed each share of common stock of the Issuer held by the Trust to BRQP in exchange for an interest in BRQP calculated pursuant to the Rollover Agreement.
- (Continued from Footnote 2) Pursuant to a contribution agreement, dated as of August 21, 2023 by and among Topco, BRQP and B. Riley Private Shares 2023-2 QC, LLC, a Delaware limited liability company ("BRQC") (the "Contribution Agreement"), BRQP subsequently contributed each share of common stock of the Issuer held by BRQP to Topco in exchange for a number of common units in Topco calculated pursuant to the Contribution Agreement.
Billionaire Hedge Funds
