QVC Group, Inc. - 16 May 2023 Form 4 Insider Report for COMSCORE, INC. (SCOR)

Signature
Qurate Retail, Inc. By: /s/ Craig Troyer, Senior Vice President and Assistant Secretary
Issuer symbol
SCOR
Transactions as of
16 May 2023
Net transactions value
-$1,581,779,172,500,000
Form type
4
Filing time
18 May 2023, 18:37:17 UTC

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 SCOR Series B Convertible Preferred Stock Disposed to Issuer $1,581,779,172,500,000 -27,509,203 -100% $57500000.00* 0 16 May 2023 Common Stock 29,348,881 By wholly-owned subsidiary F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

QVC Group, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Subject to certain anti-dilution adjustments and customary provisions related to partial dividend periods, the Series B Convertible Preferred Stock is convertible at the option of the holders at any time into a number of shares of Common Stock equal to the Conversion Rate (as defined in the Certificate of Designations for the Series B Convertible Preferred Stock), which was originally one-to-one, but was approximately 1.067 on the date hereof as a result of accrued but unpaid dividends. The Conversion Rate will continue to adjust to the extent there are accrued but unpaid dividends. Each holder of Series B Convertible Preferred Stock will receive cash in lieu of fractional shares (if any). The Series B Convertible Preferred Stock has no expiration date.
F2 The shares of Series B Convertible Preferred Stock that were previously reported as directly held by the Reporting Person are now held indirectly through a wholly-owned subsidiary.