Lucresca SE's Form 4 filing
Krispy Kreme, Inc.DNUT · filed Aug 13, 2024
- Accession no.
- 0001104659-24-088615
- Filed
- Aug 13, 2024, 7:02 AM ET
- Trade date
- Aug 10-12, 2024
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 derivative transactions. It was filed 3 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 |
|---|---|
| Lucresca SECIK 0001394212 | 10% Owner |
| Agnaten SECIK 0001579044 | 10% Owner |
| JAB Holdings B.V.CIK 0001579134 | 10% Owner |
| JAB Holding Co s.a r.l.CIK 0001621428 | 10% Owner |
| Joh. A. Benckiser s.a.r.l.CIK 0001746867 | 10% Owner |
| JAB Investments S.a r.l.CIK 0001747036 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
This filing has no transactions of this kind.
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 |
|---|---|---|---|---|---|---|---|---|
| Aug 10, 2024 | Common Stock | PPurchaseAcquired | +7,069,936 | $12.74F3 | +$90,037,048.95 | 30,465,056 | Direct | |
| Aug 12, 2024 | Common Stock | JOtherAcquired | +6,500,000 | –F4,F5 | – | 30,465,056 | Direct | |
| Aug 12, 2024 | Common Stock | JOtherAcquired | +2,000,000 | –F4,F5 | – | 30,465,056 | 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
The price reported in Column 8 reflects the reference price of the HSBC Subject Shares upon the establishment of the HSBC Long Swap position.
Referenced by the price of 1 transaction in Table II.
- F4
As previously disclosed, JAB Holdings B.V. entered into long cash-settled total return equity swaps on December 1, 2021 (the "BNP Paribas First Long Swap") and February 24, 2022 (the "BNP Paribas Second Long Swap" and together, the "BNP Paribas Long Swaps") with BNP Paribas providing for the establishment of long exposure with respect to a notional amount of up to 8,500,000 Shares in the aggregate (the "BNP Paribas Subject Shares") that provide JAB Holdings B.V. with economic results that are comparable to the economic results of ownership of the BNP Paribas Subject Shares. All balances will be exclusively cash settled.
Referenced by the price of 2 transactions in Table II.
- F5
On August 12, 2024, JAB Holdings B.V. and BNP Paribas agreed to extend the term of each of the BNP Paribas Long Swaps to December 1, 2027 for no additional consideration, although JAB Holdings B.V. has the right to terminate and close out the BNP Paribas Long Swaps during certain specified earlier periods if it so chooses. The extension resulted in a deemed cancellation of the existing BNP Paribas Long Swaps and a deemed entry into new BNP Paribas Long Swaps with a later settlement date. The deemed cancellation is exempt from Sections 16(a) and 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rules 16a-4(d) and 16b-6(d) promulgated thereunder, respectively. All other material terms of the BNP Paribas Long Swaps remain materially unchanged and in full force and effect.
Referenced by the price of 2 transactions in Table II.