Form 4 for GPGI GPGI, Inc.
Accepted 2024-05-13 00:00:00 ET · period of report 2024-05-13 · accession 0001104659-24-060778 · 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 | 2024-05-13 | 2024-05-13 | GPGI | LLR Capital IV, LLC | 10% | M - OptEx | $0.00 | +4.75M | 4.75M | New | $0 |
| D | 2024-05-13 | 2024-05-13 | GPGI | LLR Capital IV, LLC | 10% | S - Sale+OE | $6.50 | -4.75M | 0 | -100% | -$30.89M |
| D | 2024-05-13 | 2024-05-13 | GPGI | LLR Capital IV, LLC | 10% | M - OptEx | — | -4.75M | 29.77M | -14% | — |
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 | 2024-05-13 | M | A | 4,752,150 | $0.00 | 4,752,150 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-05-13 | S | D | 4,752,150 | $6.50 | 0 | D | — | — | (F2) As described in the prospectus supplement, dated May 8, 2024, filed by the Company on May 9, 2024, in connection with an underwritten registered secondary public offering (the "Offering") and sale of Class A Common Stock of CompoSecure, Inc. by certain of its selling stockholders, LLR Equity Partners IV, L.P. sold 4,551,913 shares of Class A Common Stock and LLR Equity Partners Parallel IV, L.P. sold 200,237 shares of Class A Common Stock at a purchase price of $6.50 per share. |
| 3 | Derivative | Class B Common Stock | 2024-05-13 | M | D | 4,752,150 | — | 29,774,258 | D | — · — to — | 4,572,150 Class A Common Stock | (F3) Total amount includes 28,519,690 shares of Class B Common Stock and 1,254,568 shares of Class B Common Stock and a corresponding number of Class B Common Units issued by Holdings that are exchangeable for Class A Common Stock on a share-for-share basis, subject to adjustment, pursuant to the Exchange Agreement, held by LLR Equity Partners IV, L.P. and LLR Equity Partners Parallel IV, L.P., respectively. Total amount does not include 20,829 shares of Class A Common Stock owned by Mitchell Hollin, a member of LLR Capital IV, LLC, the General Partner of LLR Capital IV, L.P., the General Partner of LLR Equity Partners IV, L.P. and LLR Equity Partners Parallel IV, L.P. and LLR Equity Partners IV, L.P.'s and LLR Equity Partners Parallel IV, L.P.'s designee to the Company's board of directors. Mr. Hollins disclaims beneficial ownership of the shares held by LLR Equity Partners IV, L.P. and LLR Equity Partners Parallel IV, L.P. (F1) On May 13, 2024, in accordance with the provisions of that certain Exchange Agreement, dated as of December 27, 2021, by and among CompoSecure, Inc., CompoSecure Holdings, L.L.C., and the other parties thereto (the "Exchange Agreement"), LLR Equity Partners IV, L.P. voluntarily exchanged 4,551,913 shares of Class B Common Units issued by CompoSecure Holdings, L.L.C. for 4,551,913 shares of Class A Common Stock and LLR Equity Partners Parallel IV, L.P. exchanged 200,237 shares of Class B Common Units issued by CompoSecure Holdings, L.L.C. for 200,237 shares of Class A Common Stock. The corresponding number of shares of Class B Common Stock were immediately cancelled upon exchange. |