Jefferies Financial Group Inc. - Mar 20, 2024 Form 4 Insider Report for Landcadia Holdings IV, Inc. (LCA)

Signature
/s/ Michael J. Sharp, Executive Vice President and General Counsel
Stock symbol
LCA
Transactions as of
Mar 20, 2024
Transactions value $
$0
Form type
4
Date filed
3/21/2024, 04:05 PM
Previous filing
Nov 7, 2023
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCA Class A Common Stock Other -6.25M -100% 0 Mar 20, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jefferies Financial 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 On February 14, the Issuer announced that its board of directors had determined to redeem all of its outstanding shares of Class A common stock sold in the Issuer's initial public offering (the "Public Shares"), effective as of February 27, 2024, because the Issuer will not be able to consummate an initial business combination within the time period required by its second amended and restated certificate of incorporation. As of the close of business on February 27, 2024, the Public Shares were deemed cancelled and represented only the rights to receive the per-share redemption price. In connection with the dissolution of the Issuer, on March 20, 2024, Jefferies US Holdings LLC ("JUSH") forfeited to the Issuer for no consideration 6,250,000 shares of Class A common stock.
F2 JUSH is the record holder of the shares reported herein. JUSH is a wholly-owned subsidiary of Jefferies Financial Group Inc. Jefferies Financial Group Inc. is a widely-held public company.