Walgreens Boots Alliance, Inc.'s Form 4 filing
Cencora, Inc. (COR) · filed Aug 7, 2023
- Accession no.
- 0000899243-23-017819
- Filed
- Aug 7, 2023, 5:48 PM ET
- Trade date
- Aug 3, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 1 non-derivative transaction and 12 derivative transactions. Open-market sales total $250.0M. It was filed 4 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 |
|---|---|
| Walgreens Boots Alliance, Inc.CIK 0001618921 | 10% Owner |
| Walgreens Boots Alliance Holdings LLCCIK 0001669077 | 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 3, 2023 | Common Stock | SSaleDisposed | −1,320,858 | $189.27 | −$250,000,114.52 | 31,769,546 | 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 |
|---|---|---|---|---|---|---|---|---|
| Aug 3, 2023 | Common Stock | JOtherAcquired | +262,500 | –F2 | – | 262,500 | Indirect | |
| Aug 3, 2023 | Common Stock | JOtherAcquired | +525,000 | –F2 | – | 525,000 | Indirect | |
| Aug 3, 2023 | Common Stock | JOtherAcquired | +525,000 | –F2 | – | 525,000 | Indirect | |
| Aug 3, 2023 | Common Stock | JOtherAcquired | +525,000 | –F2 | – | 525,000 | Indirect | |
| Aug 3, 2023 | Common Stock | JOtherAcquired | +525,000 | –F2 | – | 525,000 | Indirect | |
| Aug 3, 2023 | Common Stock | JOtherAcquired | +525,000 | –F2 | – | 525,000 | Indirect | |
| Aug 3, 2023 | Common Stock | JOtherAcquired | +1,050,000 | –F2 | – | 1,050,000 | Indirect | |
| Aug 3, 2023 | Common Stock | JOtherAcquired | +1,312,500 | –F2 | – | 1,312,500 | Indirect | |
| Aug 3, 2023 | Common Stock | JOtherAcquired | +525,000 | –F2 | – | 525,000 | Indirect | |
| Aug 3, 2023 | Common Stock | JOtherAcquired | +525,000 | –F2 | – | 525,000 | Indirect | |
| Aug 3, 2023 | Common Stock | JOtherAcquired | +1,575,000 | –F2 | – | 1,575,000 | Indirect | |
| Aug 3, 2023 | Common Stock | JOtherAcquired | +2,625,000 | –F2 | – | 2,625,000 | 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.
- F2
On August 3, 2023, Walgreens Boots Alliance Holdings LLC ("Counterparty"), an indirect wholly owned subsidiary of Walgreens Boots Alliance, Inc. (the "Reporting Person"), entered into variable pre-paid forward sale contracts (the "Contracts") with eight unaffiliated financial institutions. The Contracts obligate Counterparty to deliver to the financial institutions in the aggregate up to 10,500,000 shares of common stock ("Common Stock") of AmerisourceBergen Corporation (or, at Counterparty's election, an equivalent amount of cash based on the volume-weighted average price of the Common Stock) over a valuation period and may entitle Counterparty to an additional cash payment in respect of each valuation date of the Contracts. In exchange for assuming these obligations, Counterparty received cash payments from the financial institutions in an aggregate amount of approximately $1.6 billion on or about the date of entering into the Contracts.
Referenced by the price of 12 transactions in Table II.