| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LOAR | Common Stock, par value $0.01 per share | Sale | -$81.7M | -1.01M | -2.62% | $81.18 | 37.4M | Dec 12, 2024 | See footnotes | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | Shares reported herein as beneficially owned represent 12,764,007 shares held by Abrams Capital Partners II, L.P. ("ACP II"), 13,463,749 shares held by Riva Capital Partners IV, L.P. ("Riva IV"), 845,200 shares held by Abrams Capital Partners I, L.P. ("ACPI"), 1,438,887 shares held by Whitecrest Partners, LP ("WCP"), 714,476 shares held by Great Hollow International, L.P. ("GHI"), and 8,201,598 shares held by Riva Capital Partners V, L.P. ("Riva V", and, together with ACPI, ACP II, WCP, GHI and Riva IV, collectively the "Abrams Funds"). Of the shares sold on December 12, 2024, 343,232 shares were sold by ACP II, 362,049 shares were sold by Riva IV, 22,728 shares were sold by ACPI, 38,693 shares were sold by WCP, 19,213 shares were sold by GHI, and 220,546 shares were sold by Riva V. |
| F2 | The Reporting Person is the managing member of (i) Abrams Capital, LLC, which is the general partner of each of ACP I, ACP II and WCP, (ii) Great Hollow Partners, LLC, which is the general partner of GHI, (iii) Riva Capital Management IV, LLC, which is the general partner of Riva IV, and (iv) Riva Capital Management V, LLC, which is the general partner of Riva V. In addition, the Reporting Person is the managing member of Abrams Capital Management, LLC, which is the general partner of Abrams Capital Management, L.P., which is the investment manager of each of the Abrams Funds. |
| F3 | (Continued from footnote 2) As a result of the relationships described in this footnote, the Reporting Person may be deemed to share voting and dispositive power with respect to the shares held by each of the Abrams Funds. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose. |