Form 4 for SOC Sable Offshore Corp.
Accepted 2024-10-29 00:00:00 ET · period of report 2024-10-25 · accession 0000919574-24-006062 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-10-29 | 2024-10-25 | SOC | Pilgrim Global Advisors LLC | 10% | C - Cnv Deriv | $11.50 | +1.45M | 10.24M | +17% | +$16.71M |
| D | 2024-10-29 | 2024-10-25 | SOC | Pilgrim Global Advisors LLC | 10% | C - Cnv Deriv | $0.00 | -1.45M | 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 $0.0001 per share | 2024-10-25 | C | A | 1,453,374 | $11.50 | 10,244,375 | D | — | — | (F1) The securities are owned directly by Pilgrim Global ICAV and may be deemed to be indirectly beneficially owned by (i) Pilgrim Global Advisors LLC, the investment manager to Pilgrim Global ICAV. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
| 2 | Derivative | Warrants | 2024-10-25 | C | D | 1,453,374 | $0.00 | 0 | D | $11.50 · — to 2029-02-14 | 1,453,374 Common Stock, par value $0.0001 per share | (F1) The securities are owned directly by Pilgrim Global ICAV and may be deemed to be indirectly beneficially owned by (i) Pilgrim Global Advisors LLC, the investment manager to Pilgrim Global ICAV. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. (F2) The Warrants were currently exercisable. |