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Abell Alexander I.'s Form 4 filing

Ridgepost Capital, Inc. (RPC) · filed Dec 1, 2023

Accession no.
0000950170-23-067154
Filed
Dec 1, 2023
Trade date
Oct 13-Nov 29, 2023
Filing delay
49 daysLate
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market sales total $335.2K. It was filed 49 days after the trade, past the 2-business-day deadline.

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.

Reporting owners on this filing
OwnerRelationship to the company
Abell Alexander I.CIK 0001888941Other: See Remarks

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Oct 13, 2023Class A Common StockCConversionAcquired+457,496–F1,F2–471,941Direct
Nov 20, 2023Class A Common StockSSaleDisposed−14,445$9.43−$136,216.35457,496Direct
Nov 29, 2023Class A Common StockSSaleDisposed−10,000$9.90−$99,000447,496Direct
Nov 29, 2023Class A Common StockSSaleDisposed−10,000$10.00−$100,000437,496Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Oct 13, 2023Class A Common StockCConversionDisposed−457,496–F1,F2–914,993Direct

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

Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

F2

Continued from Footnote 2: A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

Remarks

The reporting person may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's Common Stock.

Read the full filing on SEC EDGAR (opens in a new tab)