4//SEC Filing
BAIN CAPITAL CREDIT MEMBER, LLC 4
Accession 0000950103-25-011771
CIK 0001819810other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 4:19 PM ET
Size
13.2 KB
Accession
0000950103-25-011771
Insider Transaction Report
Form 4
Redwire CorpRDW
SANKATY CREDIT MEMBER, LLC
10% Owner
Transactions
- Conversion
Common Stock
2025-09-15$3.05/sh+11,000,000$33,550,000→ 11,000,000 total(indirect: See footnote) - Conversion
Series A Convertible Preferred Stock
2025-09-15−31,719.43→ 28,509.34 total(indirect: See footnote)Exercise: $3.05→ Common Stock (11,000,000 underlying) - Sale
Common Stock
2025-09-17$7.83/sh−11,000,000$86,130,000→ 0 total(indirect: See footnote)
BCC Redwire Aggregator, L.P.
10% Owner
Transactions
- Conversion
Series A Convertible Preferred Stock
2025-09-15−31,719.43→ 28,509.34 total(indirect: See footnote)Exercise: $3.05→ Common Stock (11,000,000 underlying) - Conversion
Common Stock
2025-09-15$3.05/sh+11,000,000$33,550,000→ 11,000,000 total(indirect: See footnote) - Sale
Common Stock
2025-09-17$7.83/sh−11,000,000$86,130,000→ 0 total(indirect: See footnote)
Footnotes (4)
- [F1]The number of shares of Series A Convertible Preferred Stock includes 1,830.57 shares received as paid-in-kind dividends since the Reporting Person's most recent filing in transactions exempt under Rule 16a9(a). The Series A Convertible Preferred Stock accrues dividends, payable in cash or, at the option of the Issuer, paid in kind, at a rate of 13% per annum if paid in cash or 15% per annum if paid in kind, subject to certain adjustments. The number of shares of Series A Convertible Preferred Stock held by the Reporting Person and the shares of Common Stock underlying such Series A Convertible Preferred Stock will increase for each dividend period in which the Issuer elects to pay dividends payable with respect to the Series A Convertible Preferred Stock as dividends paid in kind.
- [F2]The Series A Convertible Preferred Stock is convertible at any time, at the holder's election. The Series A Convertible Preferred Stock has no expiration date; however, the Issuer must offer to repurchase each outstanding share of Series A Convertible Preferred Stock in the event of a fundamental change and each share of Series A Convertible Preferred Stock will mandatorily convert into shares of Common Stock upon the satisfaction of certain conditions.
- [F3]The conversion price is subject to customary anti-dilution adjustments, including in the event of any stock split, stock dividend, recapitalization or similar events.
- [F4]The shares of Series A Convertible Preferred Stock are held directly by BCC Redwire Aggregator, L.P., a Delaware limited partnership ("BCCR"). Bain Capital Credit, Member, LLC, a Delaware limited liability company ("BCCM"), is the general partner of BCCR. As a result of the relationships described in this statement, BCCM may be deemed to possess indirect beneficial ownership of the shares of Common Stock held by BCCR. BCCM disclaims indirect beneficial ownership of the securities reported herein except to the extent of its pecuniary interest in such shares.
Documents
Issuer
Redwire Corp
CIK 0001819810
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001309111
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 4:19 PM ET
- Size
- 13.2 KB