4//SEC Filing
Langdon Ryan L 4
Accession 0001637655-20-000111
CIK 0001637655other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 6:14 PM ET
Size
7.4 KB
Accession
0001637655-20-000111
Insider Transaction Report
Form 4
Langdon Ryan L
Director
Transactions
- Purchase
2.75% Convertible Senior Notes due 2022
2020-11-20$6637304.00/sh(indirect: See Footnote)→ Common Stock
Footnotes (3)
- [F1]The 2.75% Convertible Senior Notes due 2022 (the "Notes") are convertible at any time on or after January 1, 2022. Additionally, the Notes are convertible at any time prior to the close of business on the business day immediately preceding January 1, 2022 under the following circumstances: (1) during any calendar quarter commencing after the calendar quarter ending on March 31, 2017 (and only during such calendar quarter), if the last reported sale price of the Issuer's common stock for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day;
- [F2](2) during the five business day period after any five consecutive trading day period (the "measurement period") in which the trading price per $1,000 principal amount of Notes for each trading day of the measurement period was less than 98% of the product of the last reported sale price of the Issuer's common stock and the conversion rate on each such trading day; or (3) upon the occurrence of specified corporate events. The conversion rate for the Notes is initially 40.0400 shares of common stock of the Issuer per $1,000 principal amount of Notes (equivalent to an initial conversion price of $24.98 per share of Issuer common stock), subject to adjustment, pursuant to the terms of the Notes.
- [F3]Newport Global Advisors LP ("Newport") manages accounts of certain funds and insurance companies that hold the securities of the Issuer. As a member of the Investment Committee of Newport, the Reporting Person may be deemed to have beneficial ownership of such securities. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of any pecuniary interest therein.
Documents
Issuer
Horizon Global Corp
CIK 0001637655
Entity typeother
Related Parties
1- filerCIK 0001356145
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 6:14 PM ET
- Size
- 7.4 KB