Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GEHC | Common stock, par value $0.01 per share | Other | -2.53M | -3.87% | 62.8M | Jun 14, 2023 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Pursuant to an underwriting agreement dated June 7, 2023, the underwriters exercised their option to purchase an additional 2,531,315 shares of the common stock of the Issuer. |
F2 | The reporting person exchanged 2,531,315 shares of the common stock of the Issuer to extinguish $197,442,570 aggregate principal amount of indebtedness under a short-term credit facility of the reporting person in a debt-for-equity exchange. |
F3 | The value of the Issuer's common stock for purposes of the debt-for-equity exchange was $78.00 per share. |