Form 4 for BTU PEABODY ENERGY CORP
Accepted 2023-12-21 00:00:00 ET · period of report 2023-12-19 · accession 0000902664-23-005983 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-12-21 | 2023-12-19+ | BTU | Elliott Investment Management L.P. | 10% | S - Sale | $24.29 | -1.80M | 14.11M | -11% | -$43.72M |
| DMI | 2023-12-21 | 2023-12-19 | BTU | Elliott Investment Management L.P. | 10% | S - Sale | $45.51 | -20.0K | 10.0K | -67% | -$910.2K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-12-20 | S | D | 950,000 | $24.40 | 13,155,000 | I See footnote | — | — | (F1) This Form 4 is being filed by Elliott Investment Management L.P., a Delaware limited partnership ("EIM" or the "Reporting Person"), the investment manager of Elliott Associates, L.P., a Delaware limited partnership ("Elliott") and Elliott International, L.P., a Cayman Islands limited partnership ("Elliott International" and together with Elliott, the "Elliott Funds"), with respect to securities held by the Elliott Funds and/or their respective subsidiaries. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. |
| 2 | Common | Common Stock, par value $0.01 per share ("Common Stock") | 2023-12-19 | S | D | 850,000 | $24.17 | 14,105,000 | I See footnote | — | — | (F1) This Form 4 is being filed by Elliott Investment Management L.P., a Delaware limited partnership ("EIM" or the "Reporting Person"), the investment manager of Elliott Associates, L.P., a Delaware limited partnership ("Elliott") and Elliott International, L.P., a Cayman Islands limited partnership ("Elliott International" and together with Elliott, the "Elliott Funds"), with respect to securities held by the Elliott Funds and/or their respective subsidiaries. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. |
| 3 | Derivative | Call Options (obligation to sell) | 2023-12-19 | S | D | 10,000 | $23.02 | 10,000 | I See footnotes | $26.00 · 2023-12-19 to 2024-01-19 | 1,000,000 Common Stock | (F2) The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. (F1) This Form 4 is being filed by Elliott Investment Management L.P., a Delaware limited partnership ("EIM" or the "Reporting Person"), the investment manager of Elliott Associates, L.P., a Delaware limited partnership ("Elliott") and Elliott International, L.P., a Cayman Islands limited partnership ("Elliott International" and together with Elliott, the "Elliott Funds"), with respect to securities held by the Elliott Funds and/or their respective subsidiaries. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. |
| 4 | Derivative | Call Options (obligation to sell) | 2023-12-19 | S | D | 10,000 | $68.00 | 10,000 | I See footnotes | $24.50 · 2023-12-19 to 2024-01-19 | 1,000,000 Common Stock | (F2) The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. (F1) This Form 4 is being filed by Elliott Investment Management L.P., a Delaware limited partnership ("EIM" or the "Reporting Person"), the investment manager of Elliott Associates, L.P., a Delaware limited partnership ("Elliott") and Elliott International, L.P., a Cayman Islands limited partnership ("Elliott International" and together with Elliott, the "Elliott Funds"), with respect to securities held by the Elliott Funds and/or their respective subsidiaries. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. |