Ortelius Advisors, L.P. - Jan 13, 2023 Form 4 Insider Report for SONIDA SENIOR LIVING, INC. (SNDA)

Role
10%+ Owner
Signature
ORTELIUS ADVISORS, L.P. By: Ortelius Management, LLC, its general partner By: /s/ Peter DeSorcy, Managing Member
Stock symbol
SNDA
Transactions as of
Jan 13, 2023
Transactions value $
$101,460
Form type
4
Date filed
1/24/2023, 06:15 PM
Previous filing
Jan 19, 2023
Next filing
Mar 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNDA Common Stock Small acquisition under Rule 16a-6 $9.22K +621 +0.09% $14.85 671K Jan 13, 2023 See footnotes F1, F2, F3
transaction SNDA Common Stock Purchase $14.8K +973 +0.15% $15.25 672K Jan 20, 2023 See footnotes F3, F4
transaction SNDA Common Stock Purchase $77.4K +5K +0.74% $15.48 677K Jan 23, 2023 See footnotes F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $14.70 to $14.85, inclusive. The reporting persons undertake to provide upon request to the issuer, the Securities and Exchange Commission or any security holder of the issuer full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1).
F2 These shares include 408,148 shares held by Pangaea Ventures, L.P. ("Pangaea") and 262,657 shares held by Hudson Investors, Ltd. ("Hudson").
F3 Ortelius Advisors, L.P. ("Ortelius Advisors") is the investment manager of Pangaea. Ortelius Capital Partners, LLC ("Ortelius Capital") is the investment manager of Hudson. Peter DeSorcy is the Managing Member of the general partner of Ortelius Advisors and is the Managing Member of Ortelius Capital, and Mr. DeSorcy has a controlling interest in both Ortelius Advisors and Ortelius Capital. Each of Ortelius Advisors, Ortelius Capital, and Mr. DeSorcy disclaim beneficial ownership of any of the shares of common stock owned by Pangaea and Hudson, except to the extent of their pecuniary interest therein.
F4 These shares include 408,148 shares held by Pangaea and 263,630 shares held by Hudson.
F5 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $15.46 to $15.50, inclusive. The reporting persons undertake to provide upon request to the issuer, the Securities and Exchange Commission or any security holder of the issuer full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (5).
F6 These shares include 408,148 shares held by Pangaea and 268,630 shares held by Hudson.