Jon I. Madorsky Revocable Trust dated December 1, 2008 4
4 · P10, Inc. · Filed Dec 23, 2024
Insider Transaction Report
Form 4
Transactions
- Gift
Class A Common Stock
2024-12-19−25,000→ 57,944 total - Conversion
Class A Common Stock
2024-12-19+25,000→ 82,944 total - Conversion
Class B Common Stock
2024-12-19−25,000→ 3,871,939 total→ Class A Common Stock (25,000 underlying)
Footnotes (3)
- [F1]This Form 4 is being filed by the Jon I. Madorsky Revocable Trust dated December 1, 2008 (the "Madorsky Trust"). Jon I. Madorsky, as trustee of the Madorsky Trust, may be deemed to beneficially own the shares of Class A and Class B Common Stock owned directly by the Madorsky Trust.
- [F2]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.
- [F3]Continued from Footnote 1: 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.