Prism Data, LLC 4
4 · Digital Media Solutions, Inc. · Filed Nov 21, 2023
Insider Transaction Report
Form 4
Prism Data, LLC
10% Owner
Transactions
- Conversion
Class A common stock
[F1][F2]2023-11-17+1,520,948→ 1,520,948 total - Conversion
Units of Digital Media Solutions Holdings, LLC
[F3][F1][F2]2023-11-17−1,520,948→ 0 total→ Class A common stock (1,520,948 underlying)
Footnotes (3)
- [F1]Reflects the redemption of 1,520,948 units of Digital Media Solutions Holdings, LLC ("DMSH"), an indirect subsidiary of the Issuer, held by the reporting person in exchange for 1,520,948 shares of the Issuer's Class A Common Stock.
- [F2]Adjusted to reflect a 1-for-15 reverse stock split of the Issuer's Class A Common Stock on August 29, 2023.
- [F3]Each unit of Digital Media Solutions Holdings, LLC, an indirect subsidiary of the Issuer, may be redeemed by the holder for cash in an amount equal to the value of one share of the Issuer's Class A Common Stock or, at the Issuer's option, the Issuer may acquire each Unit in exchange for one share of Class A Common Stock or the cash value thereof, in each case subject to certain restrictions. Upon a redemption or acquisition of such units, an equal number of the unit holder's non-economic, voting shares of the Issuer's Class B Common Stock will be cancelled.
Signature
/s/ Joseph Marinucci, Manager of Prism Data, LLC|2023-11-21