Form 4 for BTU PEABODY ENERGY CORP
Accepted 2024-01-23 00:00:00 ET · period of report 2024-01-19 · accession 0000902664-24-000521 · 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 | 2024-01-23 | 2024-01-19 | BTU | Elliott Investment Management L.P. | 10% | X - OptEx | $25.25 | -2.00M | 11.16M | -15% | -$50.49M |
| DMI | 2024-01-23 | 2024-01-19 | BTU | Elliott Investment Management L.P. | 10% | X - OptEx | $0.00 | -20.0K | 5 | -100% | $0 |
| DI | 2024-01-23 | 2024-01-19 | BTU | Elliott Investment Management L.P. | 10% | E - Exp Short | $0.00 | -5 | 0 | -100% | $0 |
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, par value $0.01 per share ("Common Stock") | 2024-01-19 | X | D | 1,000,000 | $24.50 | 12,155,000 | I See footnotes | — | — | (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. |
| 2 | Common | Common Stock | 2024-01-19 | X | D | 999,500 | $26.00 | 11,155,500 | I See footnotes | — | — | (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. |
| 3 | Derivative | Call Options (obligation to sell) | 2024-01-19 | X | D | 10,000 | $0.00 | 0 | 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. |
| 4 | Derivative | Call Options (obligation to sell) | 2024-01-19 | X | D | 9,995 | $0.00 | 5 | I See footnotes | $26.00 · 2023-12-19 to 2024-01-19 | 999,500 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. |
| 5 | Derivative | Call Options (obligation to sell) | 2024-01-19 | E | D | 5 | $0.00 | 0 | I See footnotes | $26.00 · 2023-12-19 to 2024-01-19 | 500 Common Stock | (F2) The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. (F3) The Reporting Person has agreed to disgorge to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transaction reported herein. (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. |