Sternberg Ophir's Form 4 filing
MSP Recovery, Inc. (MSPR) · filed Jun 9, 2022
- Accession no.
- 0000899243-22-021702
- Filed
- Jun 9, 2022
- Trade date
- Jun 7, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $14.9. It was filed 2 days after the trade.
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 |
|---|---|
| Sternberg OphirCIK 0001793414 | Director, 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 |
|---|---|---|---|---|---|---|---|---|
| Jun 7, 2022 | Class A Common Stock | XIn-the-money exerciseAcquired | +121,250 | $0.00F1 | $0 | 2,435,063 | Indirect | |
| Jun 7, 2022 | Class A Common Stock | SSaleDisposed | −3 | $2.98 | −$8.94 | 2,435,960 | Indirect | |
| Jun 7, 2022 | Class A Common Stock | XIn-the-money exerciseAcquired | +92,500 | $0.00F1 | $0 | 832,500 | Indirect | |
| Jun 7, 2022 | Class A Common Stock | SSaleDisposed | −2 | $2.98 | −$5.96 | 832,498 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 7, 2022 | Class A Common Stock | XIn-the-money exerciseAcquired | +121,247 | $0.00 | $0 | 0 | Indirect | |
| Jun 7, 2022 | Class A Common Stock | XIn-the-money exerciseAcquired | +92,498 | $0.00 | $0 | 0 | Indirect |
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
On May 25, 2022, the issuer made a distribution of newly issued warrants on account of the outstanding shares of Class A Common Stock, resulting in a decrease of the exercise price of the warrants from $11.50 to $0.0001, the par value of the Class A Common Stock, per share pursuant to the terms of the Warrant Agreement governing such warrants.
Referenced by the price of 2 transactions in Table I.