STONEHILL CAPITAL MANAGEMENT LLC - 28 Feb 2024 Form 3/A Insider Report for Veradigm Inc. (MDRX)

Role
10%+ Owner
Signature
/s/ Paul Malek, Stonehill Capital Management LLC, By: Paul Malek, authorized signatory
Issuer symbol
MDRX
Transactions as of
28 Feb 2024
Net transactions value
$0
Form type
3/A
Filing time
15 Mar 2024, 17:15:47 UTC
Date Of Original Report
04 Mar 2024
Next filing
26 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MDRX Common Stock, par value $0.01 per share 5,087,686 28 Feb 2024 See Footnotes F1, F3
holding MDRX Common Stock, par value $0.01 per share 5,737,176 28 Feb 2024 See Footnotes F2, 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
holding MDRX 0.875% Convertible Senior Notes due 2027 28 Feb 2024 Common Stock 44,307 See Footnotes F1, F3, F4
holding MDRX 0.875% Convertible Senior Notes due 2027 28 Feb 2024 Common Stock 49,939 See Footnotes F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held directly by Stonehill Master Fund Ltd (the "Master Fund").
F2 Held directly by Stonehill Institutional Partners, L.P. (the "Fund").
F3 Stonehill Capital Management LLC ("Management") is the manager of the Fund and the Master Fund. John Motulsky, Jonathan Sacks, Peter Sisitsky, Michael Thoyer, Michael Stern, Samir Arora and Garrett Zwahlen are the managing members of Management. The reporting persons disclaim beneficial ownership of the reported securities except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that the reporting persons are the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F4 Senior Notes due 2027 (the "Notes") are convertible into shares of the Issuer's common stock at a conversion rate of 75.0962 shares of common stock The 0.875% Convertible per $1,000 principal amount of the Notes (subject to adjustment pursuant to the terms of the Notes).

Remarks:

This amendment to the Form 3 filed on March 4, 2024 (the "Original Form 3") is being filed to add Stonehill Master Fund Ltd. (the "Master Fund"), Samir Arora and Garrett Zwahlen as additional reporting persons. The Master Fund, Mr. Arora and Mr. Zwahlen were named in the explanation of responses in the Original Form 3 and signed the Joint Filer Information and Signatures filed with the Original Form 3 as Exhibit 99.1, but were not included as reporting persons as they did not have codes to make filings on the EDGAR system.