4//SEC Filing
Khosrowshahi Hassan 4
Accession 0001209191-24-004224
CIK 0001824403other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:31 PM ET
Size
12.3 KB
Accession
0001209191-24-004224
Insider Transaction Report
Form 4
Khosrowshahi Hassan
10% Owner
Transactions
- Purchase
Common stock, $0.0001 par value
2024-02-29$7.27/sh+30,000$217,995→ 130,000 total(indirect: See Footnote) - Purchase
Common stock, $0.0001 par value
2024-03-01$7.33/sh+40,000$293,172→ 170,000 total(indirect: See Footnote) - Purchase
Common stock, $0.0001 par value
2024-03-04$7.23/sh+30,000$216,945→ 200,000 total(indirect: See Footnote)
Holdings
- 28,226,573(indirect: By Wesbild, Inc.)
Common stock, $0.0001 par value
Footnotes (5)
- [F1]The 30,000 shares of common stock, par value $0.0001 per share (the "Shares"), of Reservoir Media, Inc. (the "Issuer") reported on this Form 4 were purchased in multiple trades at prices ranging from $7.215 to $7.35 per share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
- [F2]The Shares were purchased by Persis Holdings Ltd. ("Persis"). Hassan Khosrowshahi may be deemed to be the beneficial owner of the Shares held by Persis by virtue of his position as the chairman and controlling person of Persis. Mr. Khosrowshahi disclaims any beneficial ownership of any of the Issuer's securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, except to the extent of his pecuniary interest therein, and the inclusion of the Shares in this Report shall not be deemed an admission of beneficial ownership of the reported Shares for purposes of Section 16 of the Exchange Act, or for any other purpose.
- [F3]The 40,000 Shares of the Issuer reported on this Form 4 were purchased in multiple trades at prices ranging from $7.235 to $7.44 per share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
- [F4]The 30,000 Shares of the Issuer reported on this Form 4 were purchased in multiple trades at prices ranging from $7.20 to $7.33 per share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
- [F5]These Shares are owned directly by Wesbild, Inc. ("Wesbild"). The Reporting Person may be deemed to be the beneficial owner of the Shares held by Wesbild by virtue of his position as the chairman and controlling person of Wesbild. The Reporting Person disclaims any beneficial ownership of any of the Issuer's securities reported herein for purposes of Section 16 of the Exchange Act, or otherwise, except to the extent of his pecuniary interest therein, and the inclusion of the Shares in this Report shall not be deemed an admission of beneficial ownership of the reported Shares for purposes of Section 16 of the Exchange Act, or for any other purpose.
Documents
Issuer
Reservoir Media, Inc.
CIK 0001824403
Entity typeother
Related Parties
1- filerCIK 0001874086
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 6:31 PM ET
- Size
- 12.3 KB