4//SEC Filing
King Theodore Walker Cheng-De 4
Accession 0000899243-22-039113
CIK 0001418100other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 4:15 PM ET
Size
15.0 KB
Accession
0000899243-22-039113
Insider Transaction Report
Form 4
King Theodore Walker Cheng-De
10% Owner
Transactions
- Sale
Common Stock
2022-12-16$0.20/sh−2,356,888$464,071→ 10,874,462 total - Sale
Common Stock
2022-12-16$0.18/sh−2,406,030$434,288→ 8,468,432 total
Holdings
- 50,000
Put Option (obligation to buy)
Exercise: $1.50Exp: 2023-03-17→ Common Stock (5,000,000 underlying) - 1,000,000
2.25% Convertible Senior Notes due 2023
Exercise: $27.76Exp: 2023-06-15→ Common Stock (36,023 underlying) - 500,000
2.25% Convertible Senior Notes due 2023
Exercise: $27.76Exp: 2023-06-15→ Common Stock (18,012 underlying) - 1,000,000
2.25% Convertible Senior Notes due 2023
Exercise: $27.76Exp: 2023-06-15→ Common Stock (36,023 underlying) - 618,000
2.25% Convertible Senior Notes due 2023
Exercise: $27.76Exp: 2023-06-15→ Common Stock (22,262 underlying)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $0.1800 to $0.2804. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in transactions at prices ranging from $0.1700 to $0.1913. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]Holders may convert the Convertible Senior Notes at the holders' option on or after March 15, 2023. In addition, holders may convert the Convertible Senior Notes, at the holders' option, prior to March 15, 2023 only under the following circumstances: (a) during any calendar quarter, if the last reported sale price of the Issuer's common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day;
- [F4](Continued from Footnote 3) (b) during the five business day period after any five consecutive trading day period (the "Measurement Period") in which the trading price per $1,000 principal amount of the Convertible Senior Notes for each trading day of the Measurement Period was less than 98% of the product of the last reported sales price of the Issuer's common stock and the conversion rate on each such trading day; or (c) upon the occurrence of certain specified corporate events.
- [F5]These are put option contracts written by the Reporting Person which provide that the Reporting Person will be required to purchase shares of Common Stock at the stated strike price if the counterparty exercises such option. Exchange-traded options are immediately exercisable and remain exercisable until expiration.
Documents
Issuer
Avaya Holdings Corp.
CIK 0001418100
Entity typeother
Related Parties
1- filerCIK 0001773585
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 4:15 PM ET
- Size
- 15.0 KB