Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PX | Class A Common Stock | Options Exercise | +442K | +132.3% | 776K | Oct 23, 2024 | Direct | F1, F2, F3, F4 | ||
transaction | PX | Class A Common Stock | Tax liability | -$2.61M | -232K | -29.87% | $11.27 | 544K | Oct 23, 2024 | Direct | F1, F2, F4 |
holding | PX | Class A Common Stock | 339K | Oct 23, 2024 | Direct | F1, F2, F5 | |||||
holding | PX | Class A Common Stock | 2.5M | Oct 23, 2024 | See Footnote | F1, F2, F6 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PX | Restricted Stock Units | Options Exercise | $0 | -442K | -100% | $0.00 | 0 | Oct 23, 2024 | Class A Common Stock | 442K | Direct | F1, F2, F3, F4, F7 |
Id | Content |
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F1 | This Form 4 is being filed by: (i) 210 Capital, LLC ("210 Capital"), in its capacity as the sole member of 210/P10 Acquisition Partners, LLC, the direct holder of shares of Class B Common Stock ("210/P10"); (ii) Covenant RHA Partners, L.P. ("RHA Partners"), in its capacity as member of 210 Capital; (iii) CCW/LAW Holdings, LLC ("CCW Holdings"), in its capacity as member of 210 Capital; (iv) Mr. Webb, individually and in his capacity as sole member of CCW Holdings, and in his capacity as Executive Vice Chairman and a director of the Issuer; (v) RHA Investments, Inc. ("RHA Investments"), in its capacity as general partner of RHA Partners; and (vi) Mr. Alpert, individually and in his capacity as President and sole shareholder of RHA Investments, and in his capacity as a director of the Issuer (collectively, the "Reporting Persons"). |
F2 | (Continued from footnote 1) Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his or its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that such persons are beneficial owners of the securities of the Issuer reported herein. |
F3 | Each restricted stock unit ("RSU") represents a right to receive one share of the Issuer's Class A Common Stock upon vesting. |
F4 | These securities are owned directly by Mr. Webb. |
F5 | These securities are owned directly by Mr. Alpert. |
F6 | These securities are owned directly by 210/P10. By virtue of their relationship with 210/P10 described in Footnote 1, each Reporting Person may be deemed to beneficially own the securities of the Issuer owned directly by 210/P10. |
F7 | Pursuant to the terms of his Executive Transition Agreement, dated October 20, 2023 (the "Transition Agreement"), Mr. Webb was previously granted (i) 107,527 RSUs on October 23, 2023; (ii) 97,848 RSUs on January 2, 2024; (iii) 118,765 RSUs on April 1, 2024; and (iv) 117,924 RSUs on July 1, 2024. In connection with the termination of the Transition Agreement effective October 23, 2024, all 442,064 of such RSUs vested on such date. |
The Reporting Persons may be deemed to be members of group under Section 13 that collectively beneficially owns more than 10% of the Issuer's Common Stock. In addition, Mr. Alpert and Mr. Webb each serve as a director on the Board of Directors of the Issuer.