Angelo Gordon & Co., L.P.'s Form 4 filing
Abraxas Petroleum Corp · filed Sep 16, 2022
- Accession no.
- 0000899243-22-031326
- Filed
- Sep 16, 2022, 5:30 PM ET
- Trade date
- Sep 14, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 non-derivative transaction. Open-market sales total $80.0M. 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 |
|---|---|
| Angelo Gordon & Co., L.P.CIK 0000860662 | Other: Director by Deputization |
| AG GP LLCCIK 0001064683 | Other: Director by Deputization |
| Baumgarten JoshuaCIK 0001320216 | Other: Director by Deputization |
| AG Energy Funding, LLCCIK 0001813673 | Other: Director by Deputization |
| Schwartz Adam RCIK 0001872317 | Other: Director by Deputization |
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 |
|---|---|---|---|---|---|---|---|---|
| Sep 14, 2022 | Series A Preferred Stock | SSaleDisposed | −685,505 | $116.70 | −$79,998,433.5 | 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.
No transaction price on this filing refers to a footnote.
Remarks
Each of Todd Dittmann, a managing director of Angelo, Gordon & Co, L.P. ("Angelo Gordon") and a member of Angelo Gordon's executive committee, Damon Putman, a managing director of Angelo Gordon's energy investment group, Daniel Baddeloo, a vice president in Angelo Gordon's energy group, and David Roberts, a senior advisor of Angelo Gordon and a member of Angelo Gordon's executive committee and partnership advisory board, is a member of the Board of Directors of Abraxas Petroleum Corporation (the "Issuer"). For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, AG Energy Funding, LLC, Angelo Gordon, AG GP LLC, Josh Baumgarten and Adam Schwartz may be deemed to be directors by deputization of the Issuer due to their relationship with Mr. Dittmann, Mr. Putman, Mr. Baddeloo and Mr. Roberts.