Blank Jeremy's Form 4 filing
Arq, Inc. (ARQ) · filed Mar 13, 2023
- Accession no.
- 0001515156-23-000031
- Filed
- Mar 13, 2023
- Trade date
- Mar 9, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 5 non-derivative transactions. Open-market sales total $617.2K. It was filed 4 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 |
|---|---|
| Blank JeremyCIK 0001962987 | Director |
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 |
|---|---|---|---|---|---|---|---|---|
| Mar 9, 2023 | Common Stock | SSaleDisposed | −154,293 | $4.00 | −$617,172 | 477,573 | Indirect | |
| Mar 9, 2023 | Common Stock | JOtherAcquired | +630,619 | –F2 | – | 1,108,192 | Indirect | |
| Mar 9, 2023 | Common Stock | JOtherAcquired | +19,804 | –F2 | – | 19,804 | Indirect | |
| Mar 9, 2023 | Series A Convertible Preferred Stock | JOtherAcquired | +737,657 | –F2 | – | 737,657 | Indirect | |
| Mar 9, 2023 | Series A Convertible Preferred Stock | JOtherAcquired | +23,166 | –F2 | – | 23,166 | 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
Pursuant to that certain Share Buy Back Agreement, by and among Arq Limited and certain of its shareholders (the "Share Buy Back Agreement"), Arq Limited distributed shares of Common Stock, par value $0.001 per share (the "Common Stock") and shares of Series A Preferred Convertible Stock, par value $0.001 per share (the "Series A Preferred Stock"), to such shareholders in exchange for ordinary shares of Arq Limited held by such shareholders, in connection with the acquisition of Arq Limited by the Issuer. Pursuant to the Share Buy Back Agreement, certain shareholders of Arq Limited sold in the aggregate 90% of their ordinary shares in Arq and received in the aggregate 9.78 shares of Common Stock and 11.44 shares of Preferred Stock as consideration for every 1,000 ordinary shares in Arq sold (rounded down to the nearest whole share). The shares of the Issuer distributed in exchange for Arq Limited ordinary shares were valued at $4.00 per share.
Referenced by the price of 4 transactions in Table I.