Form 4 for RPC Ridgepost Capital, Inc.
Accepted 2024-12-27 00:00:00 ET · period of report 2024-12-23 · accession 0000950170-24-140828 · 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 | 2024-12-27 | 2024-12-23 | RPC | McCoy David M. | Dir, See Remarks | S - Sale | $12.72 | -55.5K | 344.0K | -14% | -$706.5K |
| D | 2024-12-27 | 2024-12-23 | RPC | McCoy David M. | Dir, See Remarks | C - Cnv Deriv | — | +300.0K | 399.5K | +301% | — |
| D | 2024-12-27 | 2024-12-23 | RPC | McCoy David M. | Dir, See Remarks | C - Cnv Deriv | — | -300.0K | 2.52M | -11% | — |
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 | 2024-12-23 | S | D | 55,545 | $12.72 | 344,000 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-12-23 | C | A | 300,000 | — | 399,545 | D | — | — | (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. (F2) Continued from Footnote 1: 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. |
| 3 | Derivative | Class B Common Stock | 2024-12-23 | C | D | 300,000 | — | 2,517,213 | D | — · — to — | 300,000 Class A Common Stock | (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. (F2) Continued from Footnote 1: 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. |