Squadron Capital LLC 4
4 · ORTHOPEDIATRICS CORP · Filed Sep 22, 2022
Insider Transaction Report
Form 4
Squadron Capital LLC
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2022-09-20$0.00/sh+1,525,000$457→ 6,901,764 total - Exercise of In-Money
Warrants (right to buy)
2022-09-20+1,525,000→ 0 totalExercise: $0.00→ Common Stock (1,525,000 underlying)
Footnotes (2)
- [F1]Squadron Capital LLC beneficially owns shares of the Issuer's common stock with a market value in excess of the notification threshold of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"). The warrants could not be exercised until the expiration of all applicable HSR Act waiting periods or the exercise otherwise becomes exempt from the notification requirements thereunder. On September 19, 2022, the waiting period under the HSR Act expired. Once the warrants became exercisable, Squadron Capital LLC was obligated to exercise them within five (5) business days.
- [F2]These securities are held directly by Squadron Capital LLC. Squadron Capital Holdings LLC is the controlling member of Squadron Capital LLC.