Filing Details
- Accession Number:
- 0000950170-24-097041
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-14 16:16:23
- Reporting Period:
- 2024-08-12
- Accepted Time:
- 2024-08-14 16:16:23
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1575023 | Farhad Nanji | 222 Berkeley Street, 13Th Floor Boston MA 02116 | No | No | No | No | |
1732811 | Mfn Partners Management, Lp | 222 Berkeley Street, 13Th Floor Boston MA 02116 | No | No | No | No | |
1732960 | Mfn Partners, Lp | 222 Berkeley Street, 13Th Floor Boston MA 02116 | No | No | No | No | |
1814117 | Michael Demichele | 222 Berkeley Street, 13Th Floor Boston MA 02116 | No | No | No | No | |
1814126 | Mfn Partners Gp, Llc | 222 Berkeley Street, 13Th Floor Boston MA 02116 | No | No | No | No | |
1814127 | Mfn Partners Management, Llc | 222 Berkeley Street, 13Th Floor Boston MA 02116 | No | No | No | 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 | Acquisiton | 2024-08-12 | 10,266,810 | $20.21 | 27,577,666 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Warrant to Purchase Common Stock | Acquisiton | 2024-08-12 | 2,558,753 | $20.20 | 2,558,753 | $0.01 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
2,558,753 | No | 4 | P | Direct |
Footnotes
- MFN Partners, LP (the "Partnership") is the holder of the securities reported herein. MFN Partners GP, LLC ("MFN GP") is the general partner of the Partnership. MFN Partners Management, LP ("MFN Management") is the investment adviser to the Partnership. MFN Partners Management, LLC ("MFN LLC") is the general partner of MFN Management. Farhad Nanji and Michael F. DeMichele are managing members of MFN GP and MFN LLC. Each Reporting Person disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest, if any, therein.
- This Warrant can only be exercised to the extent that following such exercise the Partnership's beneficial ownership of the Issuer, together with any attribution parties, does not exceed 19.9%. The Warrant has no expiration date. This does not include an additional warrant for 2,018,574 shares of Common Stock with an exercise price of $0.01 and no expiration date, which becomes exercisable immediately upon the stockholders of the Issuer approving the issuance of the shares underlying that warrant pursuant to the applicable rules and regulations of the New York Stock Exchange. Upon such approval, that warrant can only be exercised to the extent that following such exercise the Partnership's beneficial ownership of the Issuer, together with any attribution parties, does not exceed 19.9%.