Form 4 for RPC Ridgepost Capital, Inc.
Accepted 2023-12-01 00:00:00 ET · period of report 2023-10-13 · accession 0000950170-23-067154 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-12-01 | 2023-11-20+ | RPC | Abell Alexander I. | See Remarks | S - Sale | $9.73 | -34.4K | 447.5K | -7% | -$335.2K |
| D | 2023-12-01 | 2023-10-13 | RPC | Abell Alexander I. | See Remarks | C - Cnv Deriv | — | +457.5K | 471.9K | +3,167% | — |
| D | 2023-12-01 | 2023-10-13 | RPC | Abell Alexander I. | See Remarks | C - Cnv Deriv | — | -457.5K | 915.0K | -33% | — |
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 | Class A Common Stock | 2023-11-20 | S | D | 14,445 | $9.43 | 457,496 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-11-29 | S | D | 10,000 | $10.00 | 437,496 | D | — | — | |
| 3 | Common | Class A Common Stock | 2023-11-29 | S | D | 10,000 | $9.90 | 447,496 | D | — | — | |
| 4 | Common | Class A Common Stock | 2023-10-13 | C | A | 457,496 | — | 471,941 | D | — | — | (F2) Continued from Footnote 2: A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. (F1) Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock. |
| 5 | Derivative | Class B Common Stock | 2023-10-13 | C | D | 457,496 | — | 914,993 | D | — · — to — | 457,496 Class A Common Stock | (F2) Continued from Footnote 2: A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. (F1) Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock. |