Don R. Daseke - Nov 14, 2022 Form 4 Insider Report for Daseke, Inc. (DSKE)

Signature
/s/ Soumit Roy, attorney-in-fact
Stock symbol
DSKE
Transactions as of
Nov 14, 2022
Transactions value $
-$107,596,350
Form type
4
Date filed
11/16/2022, 03:32 PM
Previous filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DSKE Common Stock Disposed to Issuer -$9.37M -1.56M -100% $6.00 0 Nov 14, 2022 Direct F1
transaction DSKE Common Stock Disposed to Issuer -$206K -34.3K -100% $6.00 0 Nov 14, 2022 By Spouse F1, F2
transaction DSKE Common Stock Disposed to Issuer -$98M -16.3M -100% $6.00 0 Nov 14, 2022 By The Walden Group, Inc. F1, F3
transaction DSKE Series B-1 Perpetual Redeemable Preferred Stock Award +20K 20K Nov 14, 2022 By The Walden Group, Inc. F1, F3
transaction DSKE Series B-2 Perpetual Redeemable Preferred Stock Award +47.6K 47.6K Nov 14, 2022 By The Walden Group, Inc. F1, F3
holding DSKE Common Stock 76K Nov 14, 2022 By Walden Management Co. Pension F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Don R. Daseke is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On November 14, 2022, Mr. Daseke sold 1,561,112 shares of common stock, par value $0.0001 per share ("common stock"), of Daseke, Inc. (the "Issuer"), Mrs. Daseke sold 34,299 shares of common stock and The Walden Group, Inc. sold 5,071,256 shares of common stock, in each case to the Issuer for $6.00 in cash per share. Also on November 14, 2022, The Walden Group, Inc. sold to the Issuer 11,266,058 shares of common stock in exchange for (i) 20,000 shares of Series B-1 Perpetual Redeemable Preferred Stock, par value $0.0001 per share, of the Issuer, with an aggregate initial liquidation preference of $20,000,000, and (ii) 47,597 shares of Series B-2 Perpetual Redeemable Preferred Stock, par value $0.0001 per share, of the Issuer, with an aggregate initial liquidation preference of $47,597,000.
F2 Prior to sale, was held of record by Mr. Daseke's spouse. Mr. Daseke disclaims beneficial ownership except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3 Prior to sale, was held of record by The Walden Group, Inc. Mr. Daseke is the President and majority stockholder of The Walden Group, Inc. Mr. Daseke disclaims beneficial ownership except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F4 Held of record by Walden Management Co. Pension. Mr. Daseke is the sole trustee of Walden Management Co. Pension. Mr. Daseke disclaims beneficial ownership except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.