Osmium Capital LP's Form 4 filing
Tuesday Morning Corp (TUEM) · filed Dec 30, 2022
- Accession no.
- 0001062993-22-024584
- Filed
- Dec 30, 2022, 5:11 PM ET
- Trade date
- Dec 28, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $53.3K. 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 |
|---|---|
| Osmium Capital LPCIK 0001192534 | Other: Former 10% Owner |
| Osmium Partners, LLCCIK 0001316729 | Other: Former 10% Owner |
| Osmium Spartan L PCIK 0001367480 | Other: Former 10% Owner |
| Lewis John HartnettCIK 0001386292 | Other: Former 10% Owner |
| Osmium Capital II, LPCIK 0001451006 | Other: Former 10% Owner |
| Osmium Partners (Equation) LLCCIK 0001846618 | Other: Former 10% Owner |
| Osmium Partners (Larkspur SPV), LPCIK 0001846620 | Other: Former 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 |
|---|---|---|---|---|---|---|---|---|
| Dec 28, 2022 | Common Stock | JOtherDisposed | −472,110 | $0.00F1 | $0 | 199,843 | Indirect | |
| Dec 28, 2022 | Common Stock | SSaleDisposed | −87,269 | $0.6106 | −$53,286.45 | 180,134 | 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 |
|---|---|---|---|---|---|---|---|---|
| Dec 28, 2022 | Common Stock | JOtherDisposed | −234,199 | $0.00 | $0 | 99,135 | 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 December 28, 2022, Tensile Capital Partners Master Fund LP ("Tensile") was removed as a partner of Osmium Partners (Larkspur SPV), LP ("Osmium Larkspur") and as a managing member of Osmium Partners (Equation) LLC, the general partner of Osmium Larkspur. Tensile received a distribution of 472,110 shares of common stock and 234,199 warrants to purchase common stock, as adjusted to give effect to the Issuer's 30:1 reverse stock split that occurred on November 29, 2022, of the Issuer held by Osmium Larkspur pro rata in accordance with its economic interests in Osmium Larkspur.
Referenced by the price of 1 transaction in Table I.
Remarks
*All warrant and share amounts disclosed in this Form 4 reflect the Issuer's 30:1 reverse stock split that occurred on November 29, 2022.