Pinetree Capital Ltd. - Jun 28, 2024 Form 4 Insider Report for TruBridge, Inc. (CPSI)

Role
10%+ Owner
Signature
L6 Holdings Inc., By: /s/ Damien Leonard, Managing Director
Stock symbol
CPSI
Transactions as of
Jun 28, 2024
Transactions value $
$1,252,464
Form type
4
Date filed
7/2/2024, 04:55 PM
Previous filing
Jun 5, 2024
Next filing
Oct 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPSI Common stock, par value $0.001 per share ("Common Stock") Purchase $157K +15.6K +2.68% $10.01* 600K Jun 28, 2024 See footnotes F1, F2, F3, F4
transaction CPSI Common stock Purchase $518K +51.8K +3.42% $9.99* 1.57M Jun 28, 2024 See footnotes F2, F3, F5, F6
transaction CPSI Common stock Purchase $578K +55K +3.5% $10.51* 1.62M Jul 1, 2024 See footnotes F2, F3, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were purchased by PIP (as defined below).
F2 This Form 4 is filed jointly by: (i) L6 Holdings Inc., a corporation organized under the laws of Ontario, Canada ("L6") and (ii) Pinetree Capital Ltd., a corporation organized under the laws of Ontario, Canada ("PCL"). Each of the foregoing is referred to as a "Reporting Person" and collectively, as the "Reporting Persons."
F3 Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and the filing of this Form 4 shall not be construed as an admission that any Reporting Person is the beneficial owner of any such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. Each of the Reporting Persons may be deemed to be a member of a "group" for purposes of Section 13(d) of the Exchange Act that may be deemed to collectively beneficially own over 10% of the Issuer's outstanding securities.
F4 Securities held by Pinetree Income Partnership ("PIP"). Pinetree Capital Investment Corp., a corporation organized under the laws of Ontario, Canada ("PCIC"), holds 99.99% of the outstanding equity interests of PIP. Emerald Capital Corp., a corporation formed under the laws of the Province of Alberta, Canada ("Emerald"), holds .01% of the outstanding equity interests of PIP. PCL is the parent company and holds 100% of the outstanding capital stock of each of PCIC and Emerald. Mr. Leonard is the President and the ultimate control person of PCL.
F5 The price reported in Column 4 is a weighted average price. These shares were purchased by L6 in multiple transactions at prices ranging from $9.96 to $10.00, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
F6 Securities held by L6. Damien Leonard ("Mr. Leonard") is a Managing Director of L6.
F7 The price reported in Column 4 is a weighted average price. These shares were purchased by L6 in multiple transactions at prices ranging from $10.345 to $10.60, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.