Filing Details
- Accession Number:
- 0000902664-23-005733
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-11-29 17:12:19
- Reporting Period:
- 2023-11-27
- Accepted Time:
- 2023-11-29 17:12:19
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1159187 | W Jeffrey Ubben | 1170 Gorgas Avenue San Francisco CA 94129 | No | No | Yes | No | |
1817187 | Inclusive Capital Partners, L.p. | 1170 Gorgas Avenue San Francisco CA 94129 | 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 | Disposition | 2023-11-27 | 62,358 | $6.75 | 1,858,529 | No | 4 | S | Indirect | See footnotes |
Common Stock | Disposition | 2023-11-28 | 171,642 | $6.52 | 1,686,887 | No | 4 | S | Indirect | See footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See footnotes |
No | 4 | S | Indirect | See footnotes |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 29,066 | Indirect | See footnotes |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.52 to $6.89, 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 sold at each separate price within the range set forth herein.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.50 to $6.895, 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 sold at each separate price within the range set forth herein.
- The securities reported herein are held by Inclusive Capital Partners Spring Master Fund , L.P. ("In-Cap Spring Master Fund") to which Inclusive Capital Partners, L.P., a Delaware limited partnership ("In-Cap" or the "Reporting Person"), acts as investment manager. Mr. Jeffrey W. Ubben indirectly controls In-Cap.
- Represents shares of common stock granted by the Issuer pursuant to the Issuer's director compensation policy. The shares of common stock are deemed to be held for the benefit of In-Cap Spring Master Fund and indirectly for the benefit of In-Cap, and may, after vesting, if applicable, transfer the shares of common stock directly to In-Cap Spring Master Fund.
- The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.