Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VTS | Common Stock | Other | +25.9M | +2591389.1% | 25.9M | Jan 13, 2023 | Direct | F1, F2 | ||
transaction | VTS | Common Stock | Other | +696K | +2.69% | 26.6M | Jan 13, 2023 | Direct | F3 | ||
transaction | VTS | Common Stock | Other | -26.6M | -100% | 0 | Jan 13, 2023 | Direct | F4 |
Jefferies Financial Group Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | 25,913,891 shares of Vitesse Energy, Inc. (the "Issuer") common stock were acquired by Vitesse Energy Finance LLC in exchange for 450,000,000 Vitesse Energy, LLC common units in connection with the merger of Vitesse Energy, LLC into VE MergerSub LLC, a wholly owned subsidiary of the Issuer. Through a series of distributions following such merger, such shares of common stock of the Issuer became held directly by Jefferies Financial Group Inc. ("Jefferies"). |
F2 | 1,000 shares of common stock of the Issuer were previously reported as held indirectly by Jefferies. In connection with the distributions described in footnote 1, such shares became held directly by Jefferies. |
F3 | The 696,304 shares of common stock of the Issuer were acquired by Jefferies indirectly in exchange for 48,000,000 Vitesse Oil, LLC common units owned by certain indirect, partially owned subsidiaries of Jefferies in connection with the merger of Vitesse Oil, LLC into VO MergerSub LLC, a wholly owned subsidiary of the Issuer. Through a series of distributions following such merger, 696,304 shares of common stock of the Issuer became held directly by Jefferies. Such distributions included the distribution of some of the Issuer common stock held by Jefferies Capital Partners V L.P. and Jefferies SBI USA Fund L.P to their partners, of which Jefferies owns a portion of the limited partner interests of each such fund and a portion of the economic general partner interest of Jefferies Capital Partners V L.P., in accordance with their respective limited partnership agreements. |
F4 | This transaction relates to the spin-off of the Issuer from Jefferies effective January 13, 2023 (the "Spin-Off"). To effect the Spin-Off, all shares of common stock of the Issuer held by Jefferies were distributed, by way of a pro rata dividend, to holders of Jefferies common stock. As a result of the Spin-Off, Jefferies no longer beneficially owns any shares of common stock of the Issuer. |