Stephen M. Cook - 29 Jun 2022 Form 4 Insider Report for Reservoir Media, Inc. (RSVR)

Role: Director
Signature: /s/ Golnar Khosrowshahi, as attorney-in-fact for Stephen M. Cook
Issuer symbol: RSVR
Transactions as of: 29 Jun 2022
Net transactions value: +$163,206
Form type: 4
Filing time: 01 Jul 2022, 17:16:27 UTC
Previous filing: 03 Mar 2022
Next filing: 19 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RSVR	Common stock, $0.0001 par value	Award	$0	+11,940	+1.4%	$0.000000	885,375	29 Jun 2022	Direct	F1
transaction	RSVR	Common stock, $0.0001 par value	Purchase	$10,884	+1,714	+0.85%	$6.35	202,583	29 Jun 2022	By BTCSJC Music LLC	F2
transaction	RSVR	Common stock, $0.0001 par value	Purchase	$152,084	+23,506	+12%	$6.47	226,089	30 Jun 2022	By BTCSJC Music LLC	F3

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	$238	+183	+12%	$1.30	1,693	29 Jun 2022	Common Stock	183	$11.50	By BTCSJC Music LLC	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents Restricted Stock Units ("RSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of common stock, $0.0001 par value per share, of Reservoir Media, Inc. (the "Issuer"). The RSUs will vest on July 28, 2022, subject to the Reporting Person's continued service on the board of directors of the Issuer on such date.
F2	The Reporting Person purchased 1,714 shares of common stock, par value $0.0001 per share (the "Common Stock"), of the Issuer in multiple trades at prices ranging from $6.20 to $6.50 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 purchased and prices at which the transactions were effected.
F3	The Reporting Person purchased 23,506 shares of Common Stock of the Issuer in multiple trades at prices ranging from $6.33 to $6.67 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 purchased and prices at which the transactions were effected.
F4	The Reporting Person purchased 183 warrants, each whole warrant exercisable to purchase one share of the Common Stock at $11.50, in multiple trades at prices ranging from $1.24 to $1.30 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.