Ortelius Advisors, L.P. - Nov 3, 2021 Form 4 Insider Report for CAPITAL SENIOR LIVING CORP (SNDA)

Role
10%+ Owner
Signature
ORTELIUS ADVISORS, L.P. By: Ortelius Management, LLC, its general partner By: /s/ Peter DeSorcy Name: Peter DeSorcy Title: Managing Member
Stock symbol
SNDA
Transactions as of
Nov 3, 2021
Transactions value $
$9,151,650
Form type
4
Date filed
11/5/2021, 04:46 PM
Previous filing
Aug 11, 2021
Next filing
Jun 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNDA Common Stock Purchase $9.15M +305K +109.96% $30.00 582K Nov 3, 2021 See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Ortelius Advisors, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These shares are beneficially owned by Pangaea Ventures, L.P. ("Pangaea").
F2 Ortelius Advisors, L.P. (the "Adviser") is the investment manager of Pangaea. Peter DeSorcy is the sole member of the general partner of the Adviser, and Mr. DeSorcy has a controlling interest in the Adviser. The Adviser and Mr. DeSorcy disclaim beneficial ownership of any of the shares of common stock owned by Pangaea, except to the extent of their pecuniary interest therein.
F3 Represents the number of shares of Common Stock that the Reporting Persons purchased pursuant to the Issuer's rights offering.

Remarks:

Following the transactions reported herein, for the purposes of Section 16, the Reporting Persons ceased to beneficially own 10% or more of the outstanding shares of Common Stock of the Issuer.