FOG CUTTER CAPITAL GROUP INC 4
4 · Fat Brands, Inc · Filed Jul 24, 2020
Insider Transaction Report
Form 4
FOG CUTTER CAPITAL GROUP INC
10% Owner
Transactions
- Award
SERIES B CUMULATIVE PREFERRED STOCK
2020-07-16+14,449→ 74,449 total - Disposition to Issuer
SERIES A FIXED RATE CUMULATIVE PREFERRED STOCK
2020-07-16−15,000→ 0 total - Award
SERIES B CUMULATIVE PREFERRED STOCK
2020-07-16+60,000→ 60,000 total
Footnotes (2)
- [F1]In connection with the Company's public offering of Series B Cumulative Preferred Stock and Warrants, the Company exchanged outstanding shares of Series A Fixed Rate Cumulative Preferred Stock ($100.00 liquidation preference per share) held by the Reporting Person for shares of Series B Cumulative Preferred Stock ($25.00 liquidation preference per share) in an exempt transaction under Rule 16b-3(d) and (e).
- [F2]The Company issued to the Reporting Person 14,449 shares of Series B Cumulative Preferred Stock at $25.00 per share as consideration for accrued dividends on shares of Series A Fixed Rate Cumulative Preferred Stock ($100.00 liquidation preference per share) previously held by the Reporting Person.