Burns Stephen S.'s Form 4/A amendment
AmendedStark Novus Financial Inc.SNFI · filed Nov 15, 2022
- Accession no.
- 0001104659-22-119262
- Filed
- Nov 15, 2022
- Trade date
- Nov 11-15, 2022
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Nov 11, 2022
This filing lists 3 non-derivative transactions. Open-market sales total $7.00M. It was filed 4 days after the trade.
This amendment replaces 0001104659-22-119220 (filed Nov 15, 2022).
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 |
|---|---|
| Burns Stephen S.CIK 0001481717 | 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 |
|---|---|---|---|---|---|---|---|---|
| Nov 11, 2022 | Class A Common Stock | SSaleDisposed | −2,100,000 | $1.85F1 | −$3,885,000 | 28,502,745 | Direct | |
| Nov 14, 2022 | Class A Common Stock | SSaleDisposed | −650,000 | $1.73F1 | −$1,124,500 | 27,852,745 | Direct | |
| Nov 15, 2022 | Class A Common Stock | SSaleDisposed | −1,169,000 | $1.70F1 | −$1,987,300 | 26,683,745 | 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.
- F1
The prices reported in column 4 are weighted average prices. The shares of Class A Common Stock were sold in multiple transactions on November 11, 2022, November 14, 2022 and November 15, 2022 at prices ranging from $1.68 to $1.91, $1.69 to $1.82 and $1.67 to $1.80, respectively. 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 3 transactions in Table I.