Key facts
- This page summarizes Michael Simanovsky's Form 4 filing for SONIDA SENIOR LIVING, INC. (SNDA).
- 6 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 05 Jul 2023, 21:28.
Michael Simanovsky - 29 Jun 2023 Form 4 Insider Report for SONIDA SENIOR LIVING, INC. (SNDA)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- SNDA
- Reported as of
- 29 Jun 2023
- Net transaction value
- +$6,675,000
- SEC form
- 4
- Accepted by SEC
- 05 Jul 2023, 21:28:10 UTC
- Prior SEC filing
- 04 Apr 2023
- Next SEC filing
- 03 Nov 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michael J Simanovsky
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Simanovsky filed Form 4 for SONIDA SENIOR LIVING, INC. (SNDA) on 05 Jul 2023.
Change
- Previous filing in this sequence was filed on 04 Apr 2023.
- Current net transaction value: +$6,675,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SNDA
transaction
Common Stock
Award
- Transaction value
- $607,660
- Shares
- +60,766
- Change %
- +2.2%
- Price
- $10.00
- Shares after
- 2,864,694
- Date
- 29 Jun 2023
- Ownership
- See footnotes
- Footnotes
- F1, F2, F3, F4
SNDA
transaction
Common Stock
Award
- Transaction value
- $67,340
- Shares
- +6,734
- Change %
- +3.7%
- Price
- $10.00
- Shares after
- 188,287
- Date
- 29 Jun 2023
- Ownership
- See footnotes
- Footnotes
- F1, F2, F5, F6
SNDA
transaction
Common Stock
Options Exercise
- Transaction value
- $5,401,450
- Shares
- +540,145
- Change %
- +19%
- Price
- $10.00
- Shares after
- 3,404,839
- Date
- 03 Jul 2023
- Ownership
- See footnotes
- Footnotes
- F2, F3, F4
SNDA
transaction
Common Stock
Options Exercise
- Transaction value
- $598,550
- Shares
- +59,855
- Change %
- +32%
- Price
- $10.00
- Shares after
- 248,142
- Date
- 03 Jul 2023
- Ownership
- See footnotes
- Footnotes
- F2, F5, F6
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SNDA
transaction
Derivative
Equity Commitment
Award
- Transaction value
- Shares
- -1,350,000
- Change %
- -50%
- Price
- Shares after
- 1,350,000
- Date
- 29 Jun 2023
- Ownership
- See footnotes
- Underlying class
- Common Stock
- Underlying amount
- 1,350,000
- Exercise price
- $10.00
- Footnotes
- F4, F6, F7
SNDA
transaction
Derivative
Equity Commitment
Options Exercise
- Transaction value
- $0
- Shares
- +600,000
- Change %
- +400%
- Price
- $0.000000
- Shares after
- 750,000
- Date
- 03 Jul 2023
- Ownership
- See footnotes
- Underlying class
- Common Stock
- Underlying amount
- 600,000
- Exercise price
- $10.00
- Footnotes
- F4, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
These shares were issued by the Issuer as consideration for the Reporting Person's entry into the Conversant Commitment Agreement described in the Current Report on Form 8-K filed by the Issuer with the SEC on July 5, 2023 (the "Issuer 8-K").
Footnote F2
This Form 4 is being filed jointly by Michael Simanovsky, a United States citizen; Conversant Capital LLC, a Delaware limited liability company ("Conversant Capital"); Conversant GP Holdings LLC, a Delaware limited liability company ("Conversant GP"); Conversant Dallas Parkway (A) LP, a Delaware limited partnership ("Investor A"); and Conversant Dallas Parkway (B) LP, a Delaware limited partnership ("Investor B") (collectively the filing persons are the "Reporting Persons").
Footnote F3
Shares are held by Investor A.
Footnote F4
Conversant GP is the general partner of Investor A and Conversant Capital is the investment manager to Investor A. Mr. Simanovsky is the managing member of Conversant Capital and Conversant GP. By virtue of these relationships, Mr. Simanovsky, Conversant Capital, and Conversant GP may be deemed a beneficial owner of the securities held by Investor A. Mr. Simanovsky, Conversant Capital, and Conversant GP each disclaims beneficial ownership of the securities held by Investor A except to the extent of his or its pecuniary interest therein
Footnote F5
Shares are held by Investor B
Footnote F6
Conversant GP is the general partner of Investor B and Conversant Capital is the investment manager to Investor B. Mr. Simanovsky is the managing member of Conversant Capital and Conversant GP. By virtue of these relationships, Mr. Simanovsky, Conversant Capital, and Conversant GP may be deemed a beneficial owner of the securities held by Investor B. Mr. Simanovsky, Conversant Capital, and Conversant GP each disclaims beneficial ownership of the securities held by Investor B except to the extent of his or its pecuniary interest therein.
Footnote F7
On June 29, 2023, Investor A and Investor B entered into the Conversant Commitment Agreement, jointly agreeing to buy up to 1,350,000 shares of Common Stock at $10 per share in cash upon the Issuer's notification pursuant to and subject to the terms and conditions of the Conversant Commitment Agreement described in and filed as an exhibit to the Issuer 8-K.
SEC remarks
Max Levy, a Principal of Conversant Capital, serves as a member of the Issuer's board of directors. On the basis of the relationships between Mr. Levy and the Reporting Persons, each of the Reporting Persons may be considered a director of the Issuer for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.