Mill Road Capital III, L.P. - Aug 15, 2024 Form 4 Insider Report for ALTA EQUIPMENT GROUP INC. (ALTG)

Role
10%+ Owner
Signature
/s/ Thomas E. Lynch, Management Committee Director of sole general partner on behalf of Mill Road Capital III, L.P.
Stock symbol
ALTG
Transactions as of
Aug 15, 2024
Transactions value $
$1,302,750
Form type
4
Date filed
8/19/2024, 05:59 PM
Previous filing
Aug 5, 2024
Next filing
Sep 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTG Common Stock, $0.0001 par value Exercise of in-the-money or at-the-money derivative security $149K +14.9K +0.37% $10.00 4.08M Aug 15, 2024 Direct F1
transaction ALTG Common Stock, $0.0001 par value Exercise of in-the-money or at-the-money derivative security $1.08M +86.7K +2.13% $12.50 4.17M Aug 15, 2024 Direct F1
transaction ALTG Common Stock, $0.0001 par value Exercise of in-the-money or at-the-money derivative security $70K +5.6K +0.13% $12.50 4.17M Aug 16, 2024 Direct F1

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 ALTG Put options (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -104 -65% $0.00 56 Aug 15, 2024 Common Stock 10.4K $12.50 Direct F1, F2
transaction ALTG Put options (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -54 -83.08% $0.00 11 Aug 15, 2024 Common Stock 5.4K $10.00 Direct F1
transaction ALTG Put options (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -763 -64.94% $0.00 412 Aug 15, 2024 Common Stock 76.3K $12.50 Direct F1, F3
transaction ALTG Put options (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -95 -100% $0.00* 0 Aug 15, 2024 Common Stock 9.5K $10.00 Direct F1, F2
transaction ALTG Put options (obligation to buy) Exercise of in-the-money or at-the-money derivative security $0 -56 -100% $0.00* 0 Aug 16, 2024 Common Stock 5.6K $12.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported are directly held by Mill Road Capital III, L.P. (the "Fund"). Mill Road Capital III GP LLC (the "GP") is the sole general partner of the Fund and has sole authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of the Fund. Mr. Lynch is a management committee director of the GP and has shared authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of the GP. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.
F2 Each put option became exercisable on the date purchased, which dates range from 7/19/2024 to 7/22/2024.
F3 Each put option became exercisable on the date purchased, which dates range from 7/24/2024 to 7/30/2024.