LLR Equity Partners IV, L.P.'s Form 4 filing
GPGI, Inc. (GPGI) · filed May 13, 2024
- Accession no.
- 0001104659-24-060778
- Filed
- May 13, 2024, 9:53 PM ET
- Trade date
- May 13, 2024
- Filing delay
- Same day
- Rule 10b5-1 plan
- Not checked
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $30.9M. It was filed on the trade date.
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 |
|---|---|
| LLR Equity Partners IV, L.P.CIK 0001543672 | 10% Owner |
| LLR Equity Partners Parallel IV, L.P.CIK 0001553824 | 10% Owner |
| LLR Capital IV, LLCCIK 0001777454 | 10% Owner |
| LLR Capital IV, L.P.CIK 0001777472 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 13, 2024 | Class A Common Stock | MOption exerciseAcquired | +4,752,150 | $0.00 | $0 | 4,752,150 | Direct | |
| May 13, 2024 | Class A Common Stock | SSaleDisposed | −4,752,150 | $6.50 | −$30,888,975 | 0 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 13, 2024 | Class A Common Stock | MOption exerciseDisposed | −4,572,150 | –F3 | – | 29,774,258 | 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.
- F3
Total amount includes 28,519,690 shares of Class B Common Stock and 1,254,568 shares of Class B Common Stock and a corresponding number of Class B Common Units issued by Holdings that are exchangeable for Class A Common Stock on a share-for-share basis, subject to adjustment, pursuant to the Exchange Agreement, held by LLR Equity Partners IV, L.P. and LLR Equity Partners Parallel IV, L.P., respectively. Total amount does not include 20,829 shares of Class A Common Stock owned by Mitchell Hollin, a member of LLR Capital IV, LLC, the General Partner of LLR Capital IV, L.P., the General Partner of LLR Equity Partners IV, L.P. and LLR Equity Partners Parallel IV, L.P. and LLR Equity Partners IV, L.P.'s and LLR Equity Partners Parallel IV, L.P.'s designee to the Company's board of directors. Mr. Hollins disclaims beneficial ownership of the shares held by LLR Equity Partners IV, L.P. and LLR Equity Partners Parallel IV, L.P.
Referenced by the price of 1 transaction in Table II.