4//SEC Filing
PAULSON RANDALL E 4
Accession 0001213900-23-069474
CIK 0001528930other
Filed
Aug 20, 8:00 PM ET
Accepted
Aug 21, 5:02 PM ET
Size
6.1 KB
Accession
0001213900-23-069474
Insider Transaction Report
Form 4
PAULSON RANDALL E
10% Owner
Transactions
- Sale
Common Stock, par value $0.01 per share
2023-08-21−40,000→ 0 total
Footnotes (2)
- [F1]This statement is being filed by Randall E. Paulson (the "Reporting Person"). In connection with the Issuer's merger (the "Merger") with Freedom VCM Subco, Inc., a Delaware corporation ("Merger Sub") and wholly-owned subsidiary of Freedom VCM, Inc., a Delaware corporation ("Parent"), immediately prior to the effective time of the Merger and pursuant to a rollover agreement dated as of August 10, 2023, by and among the Reporting Person, Freedom VCM Holdings, LLC ("Topco") and B. Riley Private Shares 2023-2 QP, LLC, a Delaware limited liability company ("BRQP") (the "Rollover Agreement"), the Reporting Person contributed each share of common stock of the Issuer held by the Reporting Person to BRQP in exchange for an interest in BRQP calculated pursuant to the Rollover Agreement.
- [F2](Continued from Footnote 1) Pursuant to a contribution agreement, dated as of August 21, 2023 by and among Topco, BRQP and B. Riley Private Shares 2023-2 QC, LLC, a Delaware limited liability company ("BRQC") (the "Contribution Agreement"), BRQP subsequently contributed each share of common stock of the Issuer held by BRQP to Topco in exchange for a number of common units in Topco calculated pursuant to the Contribution Agreement.
Documents
Issuer
Franchise Group, Inc.
CIK 0001528930
Entity typeother
Related Parties
1- filerCIK 0001263385
Filing Metadata
- Form type
- 4
- Filed
- Aug 20, 8:00 PM ET
- Accepted
- Aug 21, 5:02 PM ET
- Size
- 6.1 KB