Form 4 for PAAI Paradium.AI, Inc.
Accepted 2022-02-23 00:00:00 ET · period of report 2022-02-18 · accession 0001213900-22-009067 · 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 | 2022-02-23 | 2022-02-18+ | PAAI | B. Riley Financial, Inc. | 10% | P - Purchase | $8.25 | +137.8K | 1.16M | +13% | +$1.14M |
| MI | 2022-02-23 | 2022-02-18+ | PAAI | B. Riley Financial, Inc. | 10% | P - Purchase | $8.07 | +58.0K | 1.03M | +6% | +$467.6K |
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 $0.01 per share | 2022-02-18 | P | A | 47,421 | $8.26 | 1,069,520 | D By B. Riley Securities, Inc. | — | — | (F4) Represents shares held directly by Bryant R. Riley. (F3) Bryant R. Riley, as Chief Executive Officer of BRCM and Chairman and Co-Chief Executive Officer of BRF, has voting power and dispositive power over the securities of the Issuer held of record by BRS, BRPI and BRFI. As a result, Bryant R. Riley may be deemed to indirectly beneficially own the securities of the Issuer held of record by BRS, BRPI and BRFI. Bryant R. Riley expressly disclaims beneficial ownership of the securities of the Issuer reported herein held indirectly except to the extent of his pecuniary interest therein. (F2) BRF is the parent company of BRS, BRPI and BRFI. As a result, BRF may be deemed to indirectly beneficially own the securities of The Arena Group Holdings, Inc. (the "Issuer") held of record by BRS, BRPI and BRFI. BRF expressly disclaims beneficial ownership of the securities of the Issuer reported herein held indirectly except to the extent of such Reporting Person's pecuniary interest therein. (F1) This Form 4 is filed jointly by B. Riley Financial, Inc., a Delaware corporation ("BRF"), B. Riley Securities, Inc., a Delaware corporation ("BRS"), B. Riley Principal Investments, LLC, a Delaware limited liability company ("BRPI"), BRF Investments, LLC, a Delaware corporation ("BRFI"), and Bryant R. Riley. |
| 2 | Common | Common Stock, par value $0.01 per share | 2022-02-22 | P | A | 77,517 | $8.25 | 1,147,037 | D | — | — | (F4) Represents shares held directly by Bryant R. Riley. |
| 3 | Common | Common Stock, par value $0.01 per share | 2022-02-23 | P | A | 12,901 | $8.25 | 1,159,938 | D | — | — | (F4) Represents shares held directly by Bryant R. Riley. |
| 4 | Common | Common Stock, par value $0.01 per share | 2022-02-18 | P | A | 10,000 | $8.25 | 978,044 | I By B. Riley Securities, Inc. | — | — | (F3) Bryant R. Riley, as Chief Executive Officer of BRCM and Chairman and Co-Chief Executive Officer of BRF, has voting power and dispositive power over the securities of the Issuer held of record by BRS, BRPI and BRFI. As a result, Bryant R. Riley may be deemed to indirectly beneficially own the securities of the Issuer held of record by BRS, BRPI and BRFI. Bryant R. Riley expressly disclaims beneficial ownership of the securities of the Issuer reported herein held indirectly except to the extent of his pecuniary interest therein. (F2) BRF is the parent company of BRS, BRPI and BRFI. As a result, BRF may be deemed to indirectly beneficially own the securities of The Arena Group Holdings, Inc. (the "Issuer") held of record by BRS, BRPI and BRFI. BRF expressly disclaims beneficial ownership of the securities of the Issuer reported herein held indirectly except to the extent of such Reporting Person's pecuniary interest therein. (F1) This Form 4 is filed jointly by B. Riley Financial, Inc., a Delaware corporation ("BRF"), B. Riley Securities, Inc., a Delaware corporation ("BRS"), B. Riley Principal Investments, LLC, a Delaware limited liability company ("BRPI"), BRF Investments, LLC, a Delaware corporation ("BRFI"), and Bryant R. Riley. |
| 5 | Common | Common Stock, par value $0.01 per share | 2022-02-23 | P | A | 47,952 | $8.03 | 1,025,996 | I | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.00 to $8.15, inclusive. The Reporting Persons undertakes to provide to the Commission, upon request, full information regarding the number of shares purchased at each separate price. |