Pedersen George J's Form 4 filing
Mantech International Corp (MANT) · filed Mar 30, 2022
- Accession no.
- 0001062993-22-009025
- Filed
- Mar 30, 2022
- Trade date
- Mar 28-29, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $734.1M. 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 |
|---|---|
| Pedersen George JCIK 0001144426 | 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 |
|---|---|---|---|---|---|---|---|---|
| Mar 28, 2022 | Class A Common Stock | CConversionAcquired | +11,580,000 | –F4 | – | 11,580,000 | Direct | |
| Mar 29, 2022 | Class A Common Stock | SSaleDisposed | −2,773,389 | $79.33F5 | −$220,012,949.37 | 8,806,611 | Direct | |
| Mar 29, 2022 | Class A Common Stock | SSaleDisposed | −6,611,454 | $77.76F6 | −$514,106,663.04 | 2,195,157 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Mar 28, 2022 | Class A Common Stock | CConversionDisposed | −11,580,000 | –F4 | – | 1,561,760 | 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.
- F4
The Class B Common Stock is convertible into Class A Common Stock at any time on a one-for-one basis, and has no expiration date. On March 28, 2022, Mr. Pedersen converted a total of 11,580,000 shares of his Class B Common Stock into 11,580,000 shares of Class A Common Stock.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F5
The shares were sold in a private transaction to the GST. The price was determined based on the opinion of an independent valuation firm, which reflects a discount to the market price given the large block of shares sold and other factors. The GST paid $22,000,000 in cash and executed a promissory note in the aggregate principal amount of $197,999,984 for the shares.
Referenced by the price of 1 transaction in Table I.
- F6
The shares were sold in a private transaction to the PNT. The price was determined based on the opinion of an independent valuation firm, which reflects a discount to the market price given the large block of shares sold and other factors. The PNT paid $51,409,330 in cash and marketable securities, and executed a promissory note in the aggregate principal amount of $462,683,945 for the shares.
Referenced by the price of 1 transaction in Table I.