Michael Simanovsky - Aug 19, 2024 Form 4 Insider Report for SONIDA SENIOR LIVING, INC. (SNDA)

Signature
MICHAEL J. SIMANOVSKY by: /s/ Paul Dumaine, Attorney-in-fact for Michael J. Simanovsky
Stock symbol
SNDA
Transactions as of
Aug 19, 2024
Transactions value $
$49,950,000
Form type
4
Date filed
8/21/2024, 06:52 PM
Previous filing
Mar 26, 2024
Next filing
Oct 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNDA Common Stock Award $6.33M +234K +4.66% $27.00 5.27M Aug 19, 2024 See footnotes F1, F2, F3
transaction SNDA Common Stock Award $5.72M +212K +18.47% $27.00 1.36M Aug 19, 2024 See footnotes F1, F4, F5
transaction SNDA Common Stock Award $37.9M +1.4M $27.00 1.4M Aug 19, 2024 See footnotes F1, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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"). The Reporting Persons expect Conversant PIF Aggregator A LP, a Delaware limited partnership ("Aggregator A"), to file a Form 3 regarding the Share holdings described in footnote 6.
F2 Shares are held by Investor A.
F3 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, each of 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.
F4 Shares are held by Investor B.
F5 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, each of 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.
F6 Shares are held by Aggregator A.
F7 Conversant Private GP LLC ("Conversant Private GP") is the general partner of Aggregator A and Conversant Capital is the investment manager to Aggregator A. Mr. Simanovsky is the managing member of Conversant Capital and Conversant Private GP. By virtue of these relationships, each of Mr. Simanovsky, Conversant Capital and Conversant Private GP may be deemed a beneficial owner of the securities held by Aggregator A. Mr. Simanovsky, Conversant Capital, and Conversant Private GP each disclaims beneficial ownership of the securities held by Aggregator A except to the extent of his or its pecuniary interest therein.

Remarks:

Robert T. Grove, a Principal of Conversant Capital, serves as a member of the Issuer's board of directors. On the basis of the relationships between Mr. Grove and the Reporting Person, the Reporting Person may be considered a director of the Issuer for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.