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

Signature
Qurate Retail, Inc. By: /s/ Craig Troyer, Senior Vice President and Assistant Secretary
Stock symbol
SCOR
Transactions as of
May 16, 2023
Transactions value $
-$1,581,779,172,500,000
Form type
4
Date filed
5/18/2023, 06:37 PM

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 -$1.58Q -27.5M -100% $57,500,000.00* 0 May 16, 2023 Common Stock 29.3M By wholly-owned subsidiary F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Qurate Retail, 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.