Avram A. Glazer - Jul 2, 2021 Form 4 Insider Report for HC2 HOLDINGS, INC. (VATE)

Role
Director, 10%+ Owner
Signature
/s/ Avram A. Glazer
Stock symbol
VATE
Transactions as of
Jul 2, 2021
Transactions value $
$562,433
Form type
4
Date filed
7/7/2021, 04:27 PM
Previous filing
Jul 1, 2021
Next filing
May 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VATE Common Stock Purchase $105K +26.2K +0.88% $4.00 3.02M Jul 2, 2021 Avram Glazer Irrevocable Exempt Trust F1, F2
transaction VATE Common Stock Purchase $458K +117K +3.86% $3.93 3.14M Jul 6, 2021 Avram Glazer Irrevocable Exempt Trust F1, F2, F3, F4
holding VATE Common Stock 56.3K Jul 2, 2021 Direct
holding VATE Common Stock 19M Jul 2, 2021 Lancer Capital F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Share purchase effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2021 (the "10b5-1 Plan").
F2 The reported shares were acquired by the Avram Glazer Irrevocable Exempt Trust (the "Trust"). Reporting person is the Trustee of the Trust, and in such capacity may be deemed to beneficially own the shares held of record by the Trust.
F3 The 10b5-1 Plan was terminated as of July 6, 2021.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.87 to $4.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F5 The reported shares are held by Lancer Capital LLC ("Lancer"). The Avram Glazer Irrevocable Exempt Trust (the "Trust") is the sole owner of Lancer, and in such capacity may be deemed to beneficially own the shares held of record by Lancer. The Reporting Person is the Trustee of the Trust, and in such capacity may be deemed to beneficially own the shares held of record by Lancer Capital and the Trust.