Anthony Lynn Davis - 05 Jul 2023 Form 4 Insider Report for Orion S.A. (OEC)

Role
Director
Signature
/s/ Christian Eggert, Attorney-in-Fact
Issuer symbol
OEC
Transactions as of
05 Jul 2023
Net transactions value
$0
Form type
4
Filing time
07 Jul 2023, 17:00:25 UTC
Previous filing
29 Jun 2023
Next filing
13 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OEC Common Shares, no par value Other $0 -5,250 -100% $0.000000* 0 05 Jul 2023 Direct F1
transaction OEC Common Shares, no par value Other $0 +5,250 +82% $0.000000 11,689 05 Jul 2023 See footnote F1, F3
holding OEC Common Shares, no par value 587,571 05 Jul 2023 See footnote F2
holding OEC Common Shares, no par value 1,824,242 05 Jul 2023 See footnote F4
holding OEC Common Shares, no par value 323,403 05 Jul 2023 See footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 5,250 restricted shares granted by the Issuer to the Reporting Person on June 08, 2023, which were assigned as of the transaction date indicated herein by the Reporting Person to Inherent Group, LP (the "assignee"), which is controlled by the Reporting Person, pursuant to the Portfolio Company Board of Directors Policy of the assignee, for further distribution in accordance with such policy to the funds named in footnotes (4) and (5), which are managed by the assignee. These restricted shares vest on the day prior to the Issuer's 2024 Annual General Meeting of Shareholders.
F2 Held by Davis Investment Holdings, LLC, whose sole member is the Reporting Person.
F3 Held by Inherent Group, LP, which is controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F4 Held by Inherent ESG Opportunity Master, LP, a fund managed by Inherent Group, LP, which is controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F5 Held by Inherent CIO1, LLC, a fund managed by Inherent Group, LP, which is controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.