JHL Capital Group LLC's Form 4 filing
MP Materials Corp. (MP) · filed May 31, 2023
- Accession no.
- 0001140361-23-027511
- Filed
- May 31, 2023, 4:41 PM ET
- Trade date
- May 26, 2023
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions. Open-market sales total $14.1M. It was filed 5 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 |
|---|---|
| JHL Capital Group LLCCIK 0001496859 | 10% Owner |
| JHL Capital Group Holdings Two LLCCIK 0001831473 | 10% Owner |
| JHL Capital Group Holdings One LLCCIK 0001831474 | 10% Owner |
| JHL Capital Group L.P.CIK 0001831475 | 10% Owner |
| JHL Capital Group Master Fund GP Ltd.CIK 0001831476 | 10% Owner |
| JHL Capital Group Master Fund L.P.CIK 0001831478 | 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 26, 2023 | Class A Common Stock | JOtherDisposed | −6,445,098 | $0.00 | $0 | 647,832 | Indirect | |
| May 26, 2023 | Class A Common Stock | SSaleDisposed | −585,012 | $21.65F5 | −$12,665,509.8 | 62,820 | Indirect | Duplicate filing |
| May 26, 2023 | Class A Common Stock | SSaleDisposed | −62,820 | $22.12F6 | −$1,389,578.4 | 0 | Indirect | Duplicate filing |
| May 26, 2023 | Class A Common Stock | JOtherDisposed | −21,081,917 | $0.00 | $0 | 0 | Indirect | |
| May 26, 2023 | Class A Common Stock | JOtherDisposed | −2,169,712 | $0.00 | $0 | 0 | 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.
- F5
The price reported in Column 4 is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $21.50 to $21.9675, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in this footnote 5 to this Form 4.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in Column 4 is a weighted average price. These Shares were sold in multiple transactions at prices ranging from $22.00 to $22.66, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in this footnote 6 to this Form 4.
Referenced by the price of 1 transaction in Table I.
Remarks
Exhibit 99.1: Additional Signatures. Mr. Litinsky serves as a Chairman of the Board of Directors and Chief Executive Officer of the Issuer and files Section 16 reports separately from the Reporting Persons.