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Filing Details

Accession Number:: 0001209191-24-004224
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-03-04 18:31:49
Reporting Period:: 2024-02-29

Accepted Time:: 2024-03-04 18:31:49
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1824403	Reservoir Media Inc.	RSVR	Services-Amusement & Recreation Services (7900)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1874086	Hassan Khosrowshahi	C/O Reservoir Media, Inc. 200 Varick Street, Suite 801A New York NY 10014		No	No	Yes	No

Reported Non-Derivative Transactions

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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	2024-02-29	30,000	$7.27	130,000	No	4	P	Indirect	See Footnote
Common Stock, $0.0001 Par Value	Acquisiton	2024-03-01	40,000	$7.33	170,000	No	4	P	Indirect	See Footnote
Common Stock, $0.0001 Par Value	Acquisiton	2024-03-04	30,000	$7.23	200,000	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.0001 Par Value	28,226,573	Indirect	By Wesbild, Inc.

Footnotes

The 30,000 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 $7.215 to $7.35 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 Shares were purchased by Persis Holdings Ltd. ("Persis"). Hassan Khosrowshahi may be deemed to be the beneficial owner of the Shares held by Persis by virtue of his position as the chairman and controlling person of Persis. Mr. Khosrowshahi 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 40,000 Shares of the Issuer reported on this Form 4 were purchased in multiple trades at prices ranging from $7.235 to $7.44 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 30,000 Shares of the Issuer reported on this Form 4 were purchased in multiple trades at prices ranging from $7.20 to $7.33 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.
These Shares are owned directly by Wesbild, Inc. ("Wesbild"). The Reporting Person may be deemed to be the beneficial owner of the Shares held by Wesbild by virtue of his position as the chairman and controlling person of Wesbild. The Reporting Person 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.