SEARS HOLDINGS CORP 4/A
4/A · SEARS HOLDINGS CORP · Filed Nov 25, 2014
Insider Transaction Report
Form 4/AAmended
DePodesta Paul G.
Director
Transactions
- Exercise/Conversion
Common Stock Warrants (right to buy)
2014-11-18+545→ 545 totalExercise: $28.41From: 2014-11-24Exp: 2019-12-15→ Common Stock (545 underlying) - Exercise/Conversion
Subscription Rights (right to buy)
2014-11-18−31→ 0 totalExercise: $500.00From: 2014-11-03Exp: 2014-11-18→ Units consisting of Notes and Warrants (31 underlying)
Footnotes (3)
- [F1]Amount reflects additional units subscribed for by the Reporting Person in the over-subscription privilege of the Rights Offering, as previously disclosed on a Form 4 filed on November 20, 2014.
- [F2]Each subscription right entitles the holder thereof to purchase, at a subscription price of $500, one unit, consisting of (a) a 8% senior unsecured note due 2019 in the principal amount of $500 and (b) 17.5994 warrants, with each warrant entitling the holder thereof to purchase one share of the Company's common stock at a strike price of $28.41. The subscription rights were distributed in a pro rata rights offering to the holders of Sears Holdings Corporation common stock. No fractional warrants will be issued upon exercise of subscription rights.
- [F3]The reported securities are included within units purchased by the reporting person for $500 per unit. Each unit consists of (a) a 8% senior unsecured note due 2019 in the principal amount of $500 and (b) 17.5994 warrants, with each warrant entitling the holder thereof to purchase one share of the Company's common stock at a strike price of $28.41. No fractional warrants will be issued upon exercise of subscription rights.