Rozek Alexander Buffett's Form 4 filing
Sky Harbour Group Corp (SKYH) · filed Jan 27, 2022
- Accession no.
- 0001213900-22-003971
- Filed
- Jan 27, 2022, 4:05 PM ET
- Trade date
- Jan 25, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions. Open-market purchases total $45.0M. It was filed 2 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 |
|---|---|
| Rozek Alexander BuffettCIK 0001689425 | Director, 10% Owner |
| Boston Omaha CorpCIK 0001494582 | 10% Owner |
| BOC Yellowstone LLCCIK 0001823571 | 10% Owner |
| BOC Yellowstone II LLCCIK 0001832903 | 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 |
|---|---|---|---|---|---|---|---|---|
| Jan 25, 2022 | Class A common stock | PPurchaseAcquired | +4,500,000 | $10.00 | +$45,000,000 | 4,500,000 | Indirect | |
| Jan 25, 2022 | Class A common stock | CConversionAcquired | +3,193,474 | –F2 | – | 7,693,474 | Indirect | |
| Jan 25, 2022 | Class A common stock | CConversionAcquired | +206,250 | –F3 | – | 7,899,724 | Indirect | |
| Jan 25, 2022 | Class A common stock | JOtherAcquired | +5,500,000 | –F4 | – | 13,399,724 | Indirect |
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.
- F2
3,193,474 of the reported shares were issued in connection with the automatic conversion of an equal number of shares of Class B common stock which converted to Class A common stock upon the closing of the Business Combination. These shares are held directly by BOC Yellowstone I and Alex B. Rozek is a manager of BOC Yellowstone LLC, which is owned by Boston Omaha Corporation. As such, he may be deemed to have or share beneficial ownership of the Class A common stock held directly by BOC Yellowstone LLC. Mr. Rozek disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary indirect interest he may have therein as a stockholder of Boston Omaha Corporation.
Referenced by the price of 1 transaction in Table I.
- F3
206,250 of the reported shares and their applicable underlying derivative securities are held directly by BOC Yellowstone II LLC. BOC Yellowstone LLC is the sole managing member of BOC Yellowstone II LLC, and Alex B. Rozek is a manager of BOC Yellowstone LLC, which is owned by Boston Omaha Corporation. As such, he may be deemed to have or share beneficial ownership of the Class A common stock held directly by BOC Yellowstone II LLC. Mr. Rozek disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary indirect interest he may have therein as a stockholder of Boston Omaha Corporation. As such, he may be deemed to have or share beneficial ownership of the Class A common stock held directly by BOC Yellowstone II LLC. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
Referenced by the price of 1 transaction in Table I.
- F4
5,500,000 of the reported shares were issued in connection with the automatic conversion of Series B Preferred Units of Sky Harbour LLC purchased in August 2021 and which convert to 5,500,000 shares of Class A common stock upon the closing of the Business Combination. These shares are held by Boston Omaha Corporation and Alex B. Rozek is a director of Boston Omaha Corporation. As such, he may be deemed to have or share beneficial ownership of the Class A common stock held directly by Boston Omaha Corporation. Mr. Rozek disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary indirect interest he may have therein as a stockholder of Boston Omaha Corporation.
Referenced by the price of 1 transaction in Table I.