Osmium Partners, LLC - 28 Dec 2022 Form 4 Insider Report for TUESDAY MORNING CORP/DE

Role
Former 10% Owner
Signature
/s/ John H. Lewis, as Managing Member of Osmium Partners, LLC, for itself and as General Partner of Osmium Capital, LP, Osmium Capital II, LP and Osmium Spartan, LP and as Managing Member of the general partner of Osmium Partners (Larkspur SPV), LP
Issuer symbol
N/A
Transactions as of
28 Dec 2022
Net transactions value
-$53,286
Form type
4
Filing time
30 Dec 2022, 16:11:56 UTC
Previous filing
29 Dec 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TUEMQ Common Stock Other $0 -472,110 -70% $0.000000 199,843 28 Dec 2022 By Osmium Partners (Larkspur SPV), LP F1
transaction TUEMQ Common Stock Sale $53,286 -87,269 -33% $0.6106* 180,134 28 Dec 2022 By Limited Partnerships F2
holding TUEMQ Common Stock 2,703 28 Dec 2022 Direct F3

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 TUEMQ Warrants Other $0 -234,199 -70% $0.000000 99,135 28 Dec 2022 Common Stock 234,199 $49.50 By Osmium Partners (Larkspur SPV), LP F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Osmium Partners, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On December 28, 2022, Tensile Capital Partners Master Fund LP ("Tensile") was removed as a partner of Osmium Partners (Larkspur SPV), LP ("Osmium Larkspur") and as a managing member of Osmium Partners (Equation) LLC, the general partner of Osmium Larkspur. Tensile received a distribution of 472,110 shares of common stock and 234,199 warrants to purchase common stock, as adjusted to give effect to the Issuer's 30:1 reverse stock split that occurred on November 29, 2022, of the Issuer held by Osmium Larkspur pro rata in accordance with its economic interests in Osmium Larkspur.
F2 By Osmium Capital, LP, Osmium Capital II, LP, Osmium Spartan, LP and Osmium Partners (Larkspur SPV), LP.
F3 These shares are held directly by John Lewis.
F4 Adjusted to reflect the Issuer's 30:1 reverse stock split that occurred on November 29, 2022.

Remarks:

*All warrant and share amounts disclosed in this Form 4 reflect the Issuer's 30:1 reverse stock split that occurred on November 29, 2022.