Conyers Park Sponsor LLC - Jan 7, 2022 Form 4 Insider Report for Simply Good Foods Co (SMPL)

Role
Director, 10%+ Owner
Signature
/s/ Brian Ratzan, as Member
Stock symbol
SMPL
Transactions as of
Jan 7, 2022
Transactions value $
$67,000,000
Form type
4
Date filed
1/11/2022, 07:02 PM
Previous filing
Nov 15, 2021
Next filing
Oct 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMPL Common Stock Conversion of derivative security $77.1M +6.7M +74.98% $11.50 15.6M Jan 7, 2022 Direct F1
transaction SMPL Common Stock Disposed to Issuer -1.87M -11.95% 13.8M Jan 7, 2022 Direct F1

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 SMPL Warrants Conversion of derivative security -$10.1M -6.7M -100% $1.50* 0 Jan 7, 2022 Common Stock 6.7M $11.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the Reporting Person's exercise of warrants to acquire 6,700,000 shares of the Issuer's Common Stock. The exercise was effected by the Reporting Person on a cashless basis pursuant to the terms of the Warrant Agreement with the Issuer withholding 1,869,239 shares of Common Stock reflecting the payment of the exercise price.