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Burns Stephen S.'s Form 4 filing

Stark Novus Financial Inc. (SNFI) · filed Mar 2, 2022

Accession no.
0001104659-22-029130
Filed
Mar 2, 2022
Trade date
Feb 28, 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 $13.5M. 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.

Reporting owners on this filing
OwnerRelationship to the company
Burns Stephen S.CIK 000148171710% Owner

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
Feb 28, 2022Class A Common StockSSaleDisposed−5,285,000$2.56F1−$13,529,60037,862,745Direct

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

The price reported in column 4 is a weighted average price. The shares of Class A Common Stock were sold in multiple transactions at prices ranging from $2.32 to $2.97, inclusive. The Reporting Person undertakes to provide Lordstown Motors Corp., any shareholder of Lordstown Motors Corp. or the SEC staff, upon request, full information of the number of shares sold at each price within the range.

Referenced by the price of 1 transaction in Table I.

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