Bregal Investments, Inc.'s Form 4/A amendment
AmendedOpen Lending Corp (LPRO) · filed Sep 13, 2021
- Accession no.
- 0000899243-21-035690
- Filed
- Sep 13, 2021, 4:57 PM ET
- Trade date
- Aug 19-20, 2021
- Filing delay
- 25 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Aug 23, 2021
This filing lists 3 non-derivative transactions. Open-market sales total $26.2M. It was filed 25 days after the trade.
This amendment replaces 0000899243-21-033921 (filed Aug 23, 2021).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Bregal Investments, Inc.CIK 0001814533 | 10% Owner |
| Bregal North America General Partner Jersey LtdCIK 0001814601 | 10% Owner |
| Bregal Sagemount I, L.P.CIK 0001814733 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 19, 2021 | Common Stock | SSaleDisposed | −500,000 | $31.40 | −$15,700,000 | 8,786,192 | Direct | |
| Aug 20, 2021 | Common Stock | SSaleDisposed | −264,780 | $31.50 | −$8,340,570 | 8,521,412 | Direct | |
| Aug 20, 2021 | Common Stock | SSaleDisposed | −65,220 | $33.33F2 | −$2,173,580.42 | 8,456,192 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Bregal Sagemount I, L.P. ("Bregal Sagemount") is the record holder of the shares reported. Bregal North America General Partner Jersey Limited (the "General Partner") is the General Partner of Bregal Sagemount. Bregal Investments, Inc. ("Bregal Investments") is the registered investment advisor of Bregal Sagemount. Each of the General Partner and Bregal Investments disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that it is the beneficial owner of such shares for Section 16 of the Securities Exchange Act of 1934 or any other purposes.
- F2
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $33.48 to $33.26, inclusive.
Referenced by the price of 1 transaction in Table I.
Remarks
This amendment is being filed in order to amend the number of shares reflected in Table I, Column 5, Rows 2 and 3 for the sales of Common Stock on 8/20/2021. The information reported in the original Form 4, filed with the Securities & Exchange Commission on August 23, 2021, is otherwise correct in all respects.