Michael Simanovsky - 10 Oct 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
Issuer symbol
SNDA
Transactions as of
10 Oct 2024
Net transactions value
+$829,086
Form type
4
Filing time
16 Oct 2024, 21:42:56 UTC
Previous filing
21 Aug 2024
Next filing
25 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNDA Common Stock Other -648,942 -48% 709,744 10 Oct 2024 See footnotes F1, F2, F3, F4
transaction SNDA Common Stock Purchase $219,589 +9,564 +0.68% $22.96 1,413,379 14 Oct 2024 See footnotes F2, F5, F6
transaction SNDA Common Stock Purchase $381,452 +15,927 +1.1% $23.95 1,429,306 15 Oct 2024 See footnotes F2, F5, F6
transaction SNDA Common Stock Purchase $228,045 +8,957 +0.63% $25.46 1,438,293 16 Oct 2024 See footnotes F2, F5, F6
holding SNDA Common Stock 5,266,159 10 Oct 2024 See footnotes F2, F7, F8
holding SNDA Common Stock 1,032,216 10 Oct 2024 See footnotes F2, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 10, 2024, for no consideration, Conversant GP caused Investor B to distribute 648,942 shares of Common Stock to an investor, who in turn deposited them with Investor F (as defined below).
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 Private GP LLC, a Delaware limited liability company ("Conversant Private GP"); Conversant Dallas Parkway (A) LP, a Delaware limited partnership ("Investor A"); Conversant Dallas Parkway (B) LP, a Delaware limited partnership ("Investor B"); Conversant Dallas Parkway (D) LP, a Delaware limited partnership ("Investor D"); and Conversant PIF Aggregator A LP, a Delaware limited partnership ("Aggregator A") (collectively the filing persons are the "Reporting Persons"). The Reporting Persons expect Conversant Dallas Parkway (F) LP, a Delaware limited partnership ("Investor F"), to file a Form 3 regarding the shareholdings described in footnote 1.
F3 Shares are held by Investor B.
F4 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.
F5 Shares are held by Aggregator A.
F6 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.
F7 Shares are held by Investor A.
F8 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.
F9 Shares are held by Investor D.
F10 Conversant GP is the general partner of Investor D and Conversant Capital is the investment manager to Investor D. 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 D. Mr. Simanovsky, Conversant Capital, and Conversant GP each disclaims beneficial ownership of the securities held by Investor D 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 Persons, 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.