| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GRBK | Common Stock | Other | $0 | -3.41M | -26.15% | $0.00 | 9.62M | Aug 3, 2023 | See footnote | F1, F2, F4, F5, F6 |
| holding | GRBK | Common Stock | 827K | Aug 3, 2023 | Direct | F1, F2 | |||||
| holding | GRBK | Common Stock | 42K | Aug 3, 2023 | By simplified employee pension plan | F3 | |||||
| holding | GRBK | Common Stock | 835K | Aug 3, 2023 | See footnote | F1, F2, F5, F7 | |||||
| holding | GRBK | Common Stock | 2.74M | Aug 3, 2023 | See footnote | F1, F2, F5, F8 |
| Id | Content |
|---|---|
| F1 | David Einhorn is the president of Greenlight Capital, Inc. ("Greenlight Inc.") and the senior manager of DME Advisors GP, LLC ("DME GP"). DME GP is the general partner of DME Advisors, LP ("DME") and DME Capital Management, LP ("DME CM" and, together with Greenlight Inc., DME GP, DME, and Mr. Einhorn, the "Reporting Persons"). Mr. Einhorn may be deemed to beneficially own the securities reported herein by virtue of his positions with respect to Greenlight Inc. and DME GP. |
| F2 | Pursuant to Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), the Reporting Persons disclaim beneficial ownership of the Common Stock (as defined below) except to the extent of their respective pecuniary interests therein. The filing of this Form 4 shall not be construed as an admission that any of the Reporting Persons is for the purposes of Section 16(a) of the Act, or otherwise, the beneficial owner of any of the Common Stock held for the account of GCOP, Ltd., GCOM, the SPVs, SILP or the Sub-Account (each as defined below). |
| F3 | Reflects in-kind distributions of shares of Common stock to Mr. Einhorn's simplified employee pension plan upon redemption of its interests in the SPVs. Such distributions resulted only in a change in the form of the plan's beneficial ownership of shares of Common Stock, and its receipt of such shares qualifies for exemption under Rule 16a-13. |
| F4 | Represents pro rata in-kind distributions of shares of Common stock requested by certain investors upon redemption of their interests in the SPVs. |
| F5 | The Reporting Persons control the disposition and voting of shares of Common Stock ("Common Stock") of the Issuer held for the account of Greenlight Capital Offshore Partners, Ltd. ("GCOP, Ltd."), Greenlight Capital Offshore Master, Ltd. ("GCOM"), special purpose vehicles created by GCOP, Ltd. and GCOM (the "SPVs"), Solasglas Investments, LP ("SILP"), and a private investment fund for which DME CM manages a portfolio (the "Sub-Account"), in the respective capacities and quantities further described in the footnotes below. Shares reported herein give effect to a previously reported internal reallocation of shares of Common Stock held by GCOP, Ltd. and GCMO, which did not involve the payment of any consideration and did not result in any increase in the pecuniary interests of the Reporting Persons in such shares. |
| F6 | DME CM controls the voting and disposition of 9,619,248 shares of Common Stock held for the accounts of GCOM, the SPVs and the Sub-Account, of which in each case DME CM acts as investment advisor. |
| F7 | Greenlight Inc. controls the voting and disposition of 834,545 shares of Common Stock held for the account of GCOP, Ltd. of which Greenlight Inc. acts as investment advisor. |
| F8 | DME controls the voting and disposition of 2,740,190 shares of Common Stock held for the account of SILP, of which DME serves as investment advisor. |
* The Power of Attorney executed by David Einhorn, authorizing the signatory to sign and file this report on David Einhorn's behalf, filed as Exhibit 99.1 to the Schedule 13D filed with the Securities and Exchange Commission on August 29, 2019 by the Reporting Person and other reporting persons with respect to the common units of CONSOL Coal Resources LP, is hereby incorporated by reference. Mr. Einhorn is a Director of the Issuer. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons other than Mr. Einhorn are deemed directors by deputization by virtue of their representation on the Board of Directors of the Issuer.