3//SEC Filing
Medalist Partners LP 3
Accession 0000905718-18-000687
CIK 0001682149other
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 4:44 PM ET
Size
11.2 KB
Accession
0000905718-18-000687
Insider Transaction Report
Form 3
Medalist Partners LP
10% Owner
Holdings
- (indirect: See footnote)
Warrant (Right to Buy)
Exercise: $3.00Exp: 2023-06-14→ Common Stock (18,520 underlying) - (indirect: See footnote)
Warrant (Right to Buy)
Exercise: $3.00Exp: 2023-06-28→ Common Stock (541,668 underlying) - (indirect: See footnote)
Warrant (Right to Buy)
Exercise: $3.60Exp: 2023-11-30→ Common Stock (222,222 underlying) - (indirect: See footnote)
Warrant (Right to Buy)
Exercise: $3.00Exp: 2023-04-20→ Common Stock (92,600 underlying) - (indirect: See footnote)
Warrant (Right to Buy)
Exercise: $3.00Exp: 2023-06-25→ Common Stock (69,450 underlying) - 1,970,348(indirect: See footnote)
Common Stock
Footnotes (2)
- [F1]These securities of Summit Semiconductor, Inc. (the "Company") are held in equal portions by Medalist Partners Harvest Master Fund, Ltd. and Medalist Partners Opportunity Master Fund A, L.P. (together, the "Medalist Funds"), each of which is managed by Medalist Partners LP ("Medalist"). Medalist does not individually hold or otherwise beneficially own any of these securities. Each of the Medalist Funds has delegated to Medalist the power to vote and the power to direct the disposition of these securities held by the Medalist Funds. Medalist disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein
- [F2]These warrants are currently exercisable but contain a provision prohibiting exercise to the extent that the holder, together with its affiliates, would beneficially own in excess of 9.99% of the number of shares of the Company's common stock outstanding immediately after giving effect to such exercise, subject to increase or decrease upon prior written notice to the Company, in the case of any increase, of not less than 61 days.
Documents
Issuer
Summit Semiconductor Inc.
CIK 0001682149
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001748321
Filing Metadata
- Form type
- 3
- Filed
- Jul 26, 8:00 PM ET
- Accepted
- Jul 27, 4:44 PM ET
- Size
- 11.2 KB