4//SEC Filing
COVENANT RHA PARTNERS, L.P. 4
Accession 0000950170-24-130386
CIK 0001841968other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 8:08 PM ET
Size
32.4 KB
Accession
0000950170-24-130386
Insider Transaction Report
Form 4
COVENANT RHA PARTNERS, L.P.
10% Owner
Transactions
- Sale
Class A Common Stock
2024-11-22$13.63/sh−36,495$497,507→ 1,035 total - Conversion
Class B Common Stock
2024-11-20−2,000,000→ 7,667,397 total(indirect: See Footnote)→ Class A Common Stock (2,000,000 underlying) - Sale
Class A Common Stock
2024-11-21$13.66/sh−3,350$45,761→ 37,530 total - Sale
Class A Common Stock
2024-11-20$12.78/sh−800,000$10,221,840→ 333,000 total(indirect: See Footnote) - Purchase
Class A Common Stock
2024-11-21$13.65/sh+10,000$136,500→ 40,880 total - Conversion
Class A Common Stock
2024-11-20+2,000,000→ 2,333,000 total(indirect: See Footnote) - Sale
Class A Common Stock
2024-11-21$13.19/sh−333,000$4,393,635→ 2,000,000 total(indirect: See Footnote) - Sale
Class A Common Stock
2024-11-21$13.52/sh−305,850$4,135,612→ 30,880 total - Sale
Class A Common Stock
2024-11-22$13.66/sh−1,035$14,134→ 0 total
Holdings
- 339,028
Class A Common Stock
CCW/LAW Holdings, LLC
10% Owner
Transactions
- Sale
Class A Common Stock
2024-11-20$12.78/sh−800,000$10,221,840→ 333,000 total(indirect: See Footnote) - Sale
Class A Common Stock
2024-11-21$13.19/sh−333,000$4,393,635→ 2,000,000 total(indirect: See Footnote) - Conversion
Class A Common Stock
2024-11-20+2,000,000→ 2,333,000 total(indirect: See Footnote) - Sale
Class A Common Stock
2024-11-21$13.66/sh−3,350$45,761→ 37,530 total - Sale
Class A Common Stock
2024-11-22$13.63/sh−36,495$497,507→ 1,035 total - Sale
Class A Common Stock
2024-11-22$13.66/sh−1,035$14,134→ 0 total - Conversion
Class B Common Stock
2024-11-20−2,000,000→ 7,667,397 total(indirect: See Footnote)→ Class A Common Stock (2,000,000 underlying) - Sale
Class A Common Stock
2024-11-21$13.52/sh−305,850$4,135,612→ 30,880 total - Purchase
Class A Common Stock
2024-11-21$13.65/sh+10,000$136,500→ 40,880 total
Holdings
- 339,028
Class A Common Stock
210 Capital, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2024-11-20+2,000,000→ 2,333,000 total(indirect: See Footnote) - Purchase
Class A Common Stock
2024-11-21$13.65/sh+10,000$136,500→ 40,880 total - Sale
Class A Common Stock
2024-11-22$13.63/sh−36,495$497,507→ 1,035 total - Sale
Class A Common Stock
2024-11-21$13.52/sh−305,850$4,135,612→ 30,880 total - Sale
Class A Common Stock
2024-11-22$13.66/sh−1,035$14,134→ 0 total - Sale
Class A Common Stock
2024-11-20$12.78/sh−800,000$10,221,840→ 333,000 total(indirect: See Footnote) - Sale
Class A Common Stock
2024-11-21$13.19/sh−333,000$4,393,635→ 2,000,000 total(indirect: See Footnote) - Conversion
Class B Common Stock
2024-11-20−2,000,000→ 7,667,397 total(indirect: See Footnote)→ Class A Common Stock (2,000,000 underlying) - Sale
Class A Common Stock
2024-11-21$13.66/sh−3,350$45,761→ 37,530 total
Holdings
- 339,028
Class A Common Stock
Alpert Robert H
DirectorCo-Chief Executive Officer10% Owner
Transactions
- Sale
Class A Common Stock
2024-11-22$13.63/sh−36,495$497,507→ 1,035 total - Conversion
Class B Common Stock
2024-11-20−2,000,000→ 7,667,397 total(indirect: See Footnote)→ Class A Common Stock (2,000,000 underlying) - Sale
Class A Common Stock
2024-11-22$13.66/sh−1,035$14,134→ 0 total - Sale
Class A Common Stock
2024-11-20$12.78/sh−800,000$10,221,840→ 333,000 total(indirect: See Footnote) - Conversion
Class A Common Stock
2024-11-20+2,000,000→ 2,333,000 total(indirect: See Footnote) - Sale
Class A Common Stock
2024-11-21$13.19/sh−333,000$4,393,635→ 2,000,000 total(indirect: See Footnote) - Sale
Class A Common Stock
2024-11-21$13.52/sh−305,850$4,135,612→ 30,880 total - Purchase
Class A Common Stock
2024-11-21$13.65/sh+10,000$136,500→ 40,880 total - Sale
Class A Common Stock
2024-11-21$13.66/sh−3,350$45,761→ 37,530 total
Holdings
- 339,028
Class A Common Stock
Webb C Clark
DirectorCo-Chief Executive Officer10% Owner
Transactions
- Sale
Class A Common Stock
2024-11-21$13.52/sh−305,850$4,135,612→ 30,880 total - Sale
Class A Common Stock
2024-11-22$13.63/sh−36,495$497,507→ 1,035 total - Conversion
Class A Common Stock
2024-11-20+2,000,000→ 2,333,000 total(indirect: See Footnote) - Sale
Class A Common Stock
2024-11-21$13.19/sh−333,000$4,393,635→ 2,000,000 total(indirect: See Footnote) - Purchase
Class A Common Stock
2024-11-21$13.65/sh+10,000$136,500→ 40,880 total - Sale
Class A Common Stock
2024-11-21$13.66/sh−3,350$45,761→ 37,530 total - Sale
Class A Common Stock
2024-11-22$13.66/sh−1,035$14,134→ 0 total - Conversion
Class B Common Stock
2024-11-20−2,000,000→ 7,667,397 total(indirect: See Footnote)→ Class A Common Stock (2,000,000 underlying) - Sale
Class A Common Stock
2024-11-20$12.78/sh−800,000$10,221,840→ 333,000 total(indirect: See Footnote)
Holdings
- 339,028
Class A Common Stock
RHA Investments, Inc.
10% Owner
Transactions
- Sale
Class A Common Stock
2024-11-20$12.78/sh−800,000$10,221,840→ 333,000 total(indirect: See Footnote) - Conversion
Class A Common Stock
2024-11-20+2,000,000→ 2,333,000 total(indirect: See Footnote) - Sale
Class A Common Stock
2024-11-22$13.66/sh−1,035$14,134→ 0 total - Sale
Class A Common Stock
2024-11-21$13.19/sh−333,000$4,393,635→ 2,000,000 total(indirect: See Footnote) - Sale
Class A Common Stock
2024-11-21$13.52/sh−305,850$4,135,612→ 30,880 total - Purchase
Class A Common Stock
2024-11-21$13.65/sh+10,000$136,500→ 40,880 total - Sale
Class A Common Stock
2024-11-21$13.66/sh−3,350$45,761→ 37,530 total - Sale
Class A Common Stock
2024-11-22$13.63/sh−36,495$497,507→ 1,035 total - Conversion
Class B Common Stock
2024-11-20−2,000,000→ 7,667,397 total(indirect: See Footnote)→ Class A Common Stock (2,000,000 underlying)
Holdings
- 339,028
Class A Common Stock
Footnotes (15)
- [F1]This Form 4 is being filed by: (i) 210 Capital, LLC ("210 Capital"), in its capacity as the sole member of 210/P10 Acquisition Partners, LLC, the direct holder of shares of Class B Common Stock ("210/P10"); (ii) Covenant RHA Partners, L.P. ("RHA Partners"), in its capacity as member of 210 Capital; (iii) CCW/LAW Holdings, LLC ("CCW Holdings"), in its capacity as member of 210 Capital; (iv) Mr. Webb, individually and in his capacity as sole member of CCW Holdings; (v) RHA Investments, Inc. ("RHA Investments"), in its capacity as general partner of RHA Partners; and (vi) Mr. Alpert, individually and in his capacity as President and sole shareholder of RHA Investments (collectively, the "Reporting Persons").
- [F10]Reflects an inadvertent purchase not directed by Mr. Webb. Without admitting that error trades are subject to reporting or disgorgement under Section 16, Mr. Webb has agreed to voluntarily disgorge the short swing profits realized by Mr. Webb as a result of any relevant transactions. Prior to filing this Form 4, Mr. Webb contacted the Issuer to make arrangements for payment of such disgorgement.
- [F11]The price reported in Column 4 is the price per share for a single transaction.
- [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.66 to $13.6601, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F13]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.6295 to $13.6498, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F14]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.6504 to $13.6594, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F15]These securities are owned directly by Mr. Alpert.
- [F2](Continued from footnote 1) Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his or its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that such persons are beneficial owners of the securities of the Issuer reported herein.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.30 to $13.135, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F4]These securities are owned directly by 210/P10. By virtue of their relationship with 210/P10 described in Footnote 1, each Reporting Person may be deemed to beneficially own the securities of the Issuer owned directly by 210/P10.
- [F5]Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock.
- [F6]Continued from Footnote 5: A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. On November 20, 2024, the Reporting Persons elected to convert 2,000,000 shares of Class B Common Stock into an equivalent number of shares of Class A Common Stock.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.00 to $13.405, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.32 to $13.64, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F9]These securities are owned directly by Mr. Webb.
Documents
Issuer
P10, Inc.
CIK 0001841968
Entity typeother
IncorporatedTX
Related Parties
1- filerCIK 0001274195
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 8:08 PM ET
- Size
- 32.4 KB