Adam Rothstein - Aug 23, 2021 Form 4 Insider Report for Reservoir Media, Inc. (RSVR)

Role
Director
Signature
/s/ Golnar Khosrowshahi, as attorney-in-fact for Adam Rothstein
Stock symbol
RSVR
Transactions as of
Aug 23, 2021
Transactions value $
$165,512
Form type
4
Date filed
8/24/2021, 09:09 PM
Previous filing
Aug 11, 2021
Next filing
Nov 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSVR Common stock, $0.0001 par value Purchase $80.3K +10.2K +7.07% $7.87 154K Aug 23, 2021 Direct F1
transaction RSVR Common stock, $0.0001 par value Purchase $52.5K +6.8K +4.4% $7.72 161K Aug 24, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RSVR Warrants to purchase common stock Purchase $17K +20K +16.55% $0.85 141K Aug 23, 2021 Common stock 20K $11.50 Direct F3
transaction RSVR Warrants to purchase common stock Purchase $15.7K +19.7K +13.97% $0.80 161K Aug 24, 2021 Common stock 19.7K $11.50 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person purchased 10,200 shares of common stock, par value $0.0001 per share (the "Common Stock"), of Reservoir Media, Inc. (the "Issuer") in multiple trades at prices ranging from $7.70 to $8.00 per share. The price reported above reflects the weighted average purchase price per share of the Common Stock. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares of the Common Stock and prices at which the transaction was effected.
F2 The Reporting Person purchased 6,800 shares of the Common Stock in multiple trades at prices ranging from $7.65 to $7.79 per share. The price reported above reflects the weighted average purchase price per share of the Common Stock. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares of the Common Stock and prices at which the transaction was effected.
F3 The Reporting Person purchased 20,000 warrants, each whole warrant exercisable to purchase one share of the Common Stock at $11.50, in multiple trades at prices ranging from $0.84 to $0.85 per warrant. The price reported above reflects the weighted average purchase price per warrant. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of warrants and prices at which the transaction was effected.
F4 The Reporting Person purchased 19,677 warrants, each whole warrant exercisable to purchase one share of the Common Stock at $11.50, in multiple trades at prices ranging from $0.79 to $0.83 per warrant. The price reported above reflects the weighted average purchase price per warrant. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of warrants and prices at which the transaction was effected.