| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SPNT | Series B Preference Shares | Purchase | $128K | +5.5K | $23.29 | 5.5K | May 22, 2023 | Direct | F1, F2, F3 | |
| transaction | SPNT | Series B Preference Shares | Purchase | $674K | +28.5K | +517.51% | $23.68 | 34K | May 23, 2023 | Direct | F1, F2, F4 |
| transaction | SPNT | Series B Preference Shares | Purchase | $17.3K | +728 | +2.14% | $23.74 | 34.7K | May 24, 2023 | Direct | F1, F2, F5 |
| Id | Content |
|---|---|
| F1 | Complete Title of Security: 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share (the "Series B Preference Shares"). Dividends on the Series B Preference Shares are cumulative and payable quarterly in arrears at a rate of 8.0%. The Series B Preference Shares have no voting rights unless dividends have not been paid for six dividend periods, whether or not consecutive, in which case the holders of the Series B Preference Shares will have the right to elect two directors of the Issuer. The Series B Preference Shares are not convertible into or exchangeable for any other securities or property of the Issuer, except at the sole discretion of the Issuer under the circumstances described in Section 8(a) of the Amended and Restated Certificate of Designation of the Series B Preference Shares (the "Certificate") upon the occurrence of a Tax Event or a Capital Disqualification Event (as such terms are defined in the Certificate). |
| F2 | The description of certain of the terms applicable to the Series B Preference Shares set forth in footnote 1 to this Form 4 does not purport to be a complete description of the Series B Preference Shares and is qualified in its entirety by reference to the Certificate, which was previously filed with the SEC as Exhibit 3.1 to the Issuer's current report on Form 8-K filed with the SEC on March 18, 2021. |
| F3 | On May 22, 2023, the Reporting Person acquired 5,500 Series B Preference Shares at a weighted average price of $23.2919 per share. The shares were purchased in multiple open market transactions at prices ranging from $23.18 to $23.745 per share, inclusive. The Reporting Persons undertake to provide, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to this Form 4. |
| F4 | On May 23, 2023, the Reporting Person acquired 28,463 Series B Preference Shares at a weighted average price of $23.6804 per share. The shares were purchased in multiple open market transactions at prices ranging from $23.655 to $23.75 per share, inclusive. The Reporting Persons undertake to provide, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to this Form 4. |
| F5 | On May 24, 2023, the Reporting Person acquired 728 Series B Preference Shares at a weighted average price of $23.7419 per share. The shares were purchased in multiple open market transactions at prices ranging from $23.70 to $23.75 per share, inclusive. The Reporting Persons undertake to provide, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to this Form 4. |
The Power of Attorney granted by Daniel S. Loeb in favor of William Song and Joshua L. Targoff, dated February 17, 2021, was previously filed with the SEC on March 4, 2021 as Exhibit 24 to the Form 4 filed by Third Point LLC and Daniel S. Loeb with respect to Radius Global Infrastructure, Inc. and is incorporated herein by reference.