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Wilk Jonathan's Form 4 filing

GPGI, Inc. (GPGI) · filed Sep 17, 2024

Accession no.
0001104659-24-100755
Filed
Sep 17, 2024
Trade date
Sep 17, 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 $4.67M. 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.

Reporting owners on this filing
OwnerRelationship to the company
Wilk JonathanCIK 0001885796Director, Officer (President and CEO)

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
Sep 17, 2024Class A Common Stock, $0.0001 par valueCConversionAcquired+1,236,027–F1–1,236,027Indirect
Sep 17, 2024Class A Common Stock, $0.0001 par valueSSaleDisposed−618,014$7.55−$4,666,005.7618,013Indirect

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Sep 17, 2024Class A Common Stock, $0.0001 par valueCConversionDisposed−1,236,027$0.00$00Indirect

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

Pursuant to that certain Stock Purchase Agreement, dated August 7, 2024, by and between the Reporting Person and Tungsten 2024 LLC, a Delaware limited liability company ("Tungsten"), whereby Tungsten has agreed to purchase 618,014 shares of Class A Common Stock, par value $0.0001 ("Class A Common Stock") from the Reporting Person (the "Purchased Shares"). In connection with the purchase of the Purchased Shares, the Reporting Person agreed to convert an aggregate of 1,236,027 shares of unregistered Class B Common Stock, par value $0.0001 ("Class B Common Stock") and a corresponding number of unregistered Class B Common Units issued by CompoSecure Holdings, L.L.C. (a subsidiary of the Issuer) that were exchangeable for Class A Common Stock on a share-for-share basis, for no additional consideration, subject to adjustment, and a corresponding cancellation of the Class B Common Stock.

Referenced by the price of 1 transaction in Table I.

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