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Kravis Henry R's Form 4 filing

Transphorm, Inc. (TGAN) · filed Nov 8, 2021

Accession no.
0001140361-21-036906
Filed
Nov 8, 2021, 6:17 AM ET
Trade date
Nov 5, 2021
Filing delay
3 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 1 non-derivative transaction and 3 derivative transactions. Open-market purchases total $5.00M. 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.

Reporting owners on this filing
OwnerRelationship to the company
Kravis Henry RCIK 000108171410% Owner
Roberts George RCIK 000108171510% Owner
KKR & Co. Inc.CIK 000140491210% Owner
KKR Management LLPCIK 000147269410% Owner
KKR Group Partnership L.P.CIK 000147269810% Owner
KKR Group Holdings Corp.CIK 000174375410% Owner
KKR Phorm Investors L.P.CIK 000180654810% Owner
KKR Phorm Investors GP LLCCIK 000180657210% 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
Nov 5, 2021Common StockPPurchaseAcquired+1,000,000$5.00F1+$5,000,00022,175,980Indirect

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
Nov 5, 2021Common StockPPurchaseAcquired+208,333–F1–208,333Indirect
Nov 5, 2021Common StockPPurchaseAcquired+500,000–F1–500,000Indirect
Nov 5, 2021Common StockPPurchaseAcquired+104,167–F1–104,167Indirect

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

On November 5, 2021, KKR Phorm Investors L.P. entered into a securities purchase agreement (the "Agreement") with Transphorm, Inc. (the "Issuer") pursuant to which it (i) purchased 1,000,000 shares of Common Stock of the Issuer, and received a warrant to purchase 208,333 shares of Common Stock at an exercise price of $6.00 per share, for an aggregate purchase price of $5,000,000 (the "First Closing Securities"), and (ii) was granted the right to purchase an additional 500,000 shares of Common Stock and receive an additional warrant to purchase 104,167 shares of Common Stock at an exercise price of $6.00 per share, for an aggregate additional purchase price of $2,500,000 (the "Second Closing Securities").

Referenced by the price of 1 transaction in Table I and 3 transactions in Table II.

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