Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BNED | Common Stock, par value $0.01 per share | Sale | -$1.04M | -108K | -9.56% | $9.55* | 1.03M | Jun 23, 2021 | By Investment Accounts | F1, F2 |
transaction | BNED | Common Stock, par value $0.01 per share | Sale | -$774K | -83.4K | -8.14% | $9.28* | 942K | Jun 24, 2021 | By Investment Accounts | F1, F2 |
transaction | BNED | Common Stock, par value $0.01 per share | Sale | -$8.38M | -942K | -100% | $8.89* | 0 | Jun 25, 2021 | By Investment Accounts | F1, F2 |
holding | BNED | Common Stock, par value $0.01 per share | 5.13M | Jun 23, 2021 | By Outerbridge Special Opportunities Fund, LP | F1, F3 |
Outerbridge Capital Management LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | This Form 4 is filed jointly by Outerbridge Special Opportunities Fund, LP ("Outerbridge Special Opportunities"), Outerbridge Special Opportunities GP, LLC ("Outerbridge Special GP"), Outerbridge Capital Management, LLC ("Outerbridge Capital"), and Rory Wallace (collectively, the "Reporting Persons"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. |
F2 | Securities of the Issuer were held in certain investment accounts managed by Outerbridge Capital (the "Accounts"). As the investment manager of the Accounts, Outerbridge Capital may be deemed to beneficially own the securities of the Issuer held in the Accounts. As the managing member of Outerbridge Capital, Mr. Wallace may be deemed to beneficially own the securities of the Issuer held in the Accounts. |
F3 | Securities of the Issuer beneficially owned directly by Outerbridge Special Opportunities. As the general partner of Outerbridge Special Opportunities, Outerbridge Special GP may be deemed to beneficially own the securities of the Issuer beneficially owned by Outerbridge Special Opportunities. As the investment manager of Outerbridge Special Opportunities, Outerbridge Capital may be deemed to beneficially own the securities of the Issuer beneficially owned by Outerbridge Special Opportunities. As the managing member of each of Outerbridge Special GP and Outerbridge Capital, Mr. Wallace may be deemed to beneficially own the securities of the Issuer beneficially owned by Outerbridge Special Opportunities. |
Following the transactions reported herein, the Reporting Persons ceased to beneficially own 10% or more of the outstanding shares of Common Stock of the Issuer.