William Wyatt - May 9, 2024 Form 4 Insider Report for Turtle Beach Corp (HEAR)

Role
Director
Signature
/s/ John T. Hanson, attorney-in-fact for William Wyatt
Stock symbol
HEAR
Transactions as of
May 9, 2024
Transactions value $
$203,250
Form type
4
Date filed
5/13/2024, 05:22 PM
Previous filing
May 7, 2024
Next filing
Aug 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HEAR Common Stock Other $0 -7.3K -13.57% $0.00 46.5K May 9, 2024 Direct F1
transaction HEAR Common Stock Purchase $203K +12.5K +26.89% $16.26* 59K May 9, 2004 Direct F2
holding HEAR Common Stock 515K May 9, 2024 By The Donerail Group LP F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were assigned to Harbert Fund Advisors, Inc., the entity controlling The Donerail Group LP ("Donerail"), and are held in an affiliated brokerage account for the benefit of the investors of The Donerail Master Fund LP (the "Donerail Fund").
F2 Reflects the weighted average price of purchases on May 9, 2024. The shares were purchased in multiple transactions at prices ranging from $16.25 to $16.27, inclusive. The reporting person undertakes to provide to Turtle Beach Corporation, any security holder of Turtle Beach Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range.
F3 Mr. Wyatt is the managing member and Chief Investment Officer of Donerail. The securities are held for the account of a private investment fund for which Donerail acts as investment manager, the Donerail Fund.. Mr. Wyatt may be deemed to beneficially own the securities held by the Donerail Fund. Mr. Wyatt disclaims beneficial ownership of the securities owned by the Donerail Fund except to the extent of his pecuniary interest therein, and this report shall not be deemed to be an admission that Mr. Wyatt is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.