Form 4 for RSVR Reservoir Media, Inc.
Accepted 2023-06-07 00:00:00 ET · period of report 2022-05-31 · accession 0001209191-23-035213 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-06-07 | 2022-05-31+ | RSVR | Lafargue Rell Q. Jr. | Pres, COO, Dir | F - Tax | $6.71 | -60.1K | 189.8K | -24% | -$403.2K |
| 2023-06-07 | 2023-06-03 | RSVR | Lafargue Rell Q. Jr. | Pres, COO, Dir | A - Grant | $0.00 | +176.9K | 332.2K | +114% | $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, $0.0001 par value | 2023-05-31 | F | D | 34,511 | $6.51 | 155,279 | D | — | — | (F1) Represents shares of common stock withheld by Reservoir Media, Inc. in connection with the vesting of restricted stock units to cover the Reporting Person's tax withholding obligations. |
| 2 | Common | Common stock, $0.0001 par value | 2022-05-31 | F | D | 12,751 | $7.46 | 54,820 | D | — | — | (F1) Represents shares of common stock withheld by Reservoir Media, Inc. in connection with the vesting of restricted stock units to cover the Reporting Person's tax withholding obligations. (F2) As a result of the delayed reporting of this transaction, the total amount of securities beneficially owned following the transaction reported in the Form 4 filed on 7/08/22 on behalf of the reporting person was incorrect. The correct amount of securities beneficially owned following such transaction was 202,599 shares |
| 3 | Common | Common stock, $0.0001 par value | 2023-05-31 | F | D | 12,809 | $6.51 | 189,790 | D | — | — | (F1) Represents shares of common stock withheld by Reservoir Media, Inc. in connection with the vesting of restricted stock units to cover the Reporting Person's tax withholding obligations. |
| 4 | Common | Common stock, $0.0001 par value | 2023-06-03 | A | A | 176,929 | $0.00 | 332,208 | D | — | — | (F3) Represents Restricted Stock Units ("RSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of common stock, $0.0001 par value per share, of Reservoir Media, Inc. (the "Issuer"). The RSUs will vest in two equal installments on May 31, 2024 and May 31, 2025, respectively, subject to the Reporting Person's continued service to the Issuer on such date. |