Liberty Broadband Corp - 24 Jul 2024 Form 4 Insider Report for COMSCORE, INC. (SCOR)

Role: Director, 10%+ Owner
Signature: Liberty Broadband Corporation. By: /s/ Craig Troyer. Name: Craig Troyer, Title: Senior Vice President
Issuer symbol: SCOR
Transactions as of: 24 Jul 2024
Net transactions value: +$10,915,172
Form type: 4
Filing time: 26 Jul 2024, 17:30:21 UTC
Previous filing: 16 Jul 2024
Next filing: 15 Aug 2024
SEC: View on sec.gov

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	Award	$10,915,172	+4,419,098	+16%	$2.47	31,928,301	24 Jul 2024	Common Stock	220,954		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of Common Stock reported herein are underlying 4,419,098 shares of Series B Convertible Preferred Stock acquired by the Reporting Person in exchange for cancellation of the Issuer's obligation to pay accrued dividends totaling approximately $10.9 million to the Reporting Person for annual dividend periods ended in 2023 and 2024. Subject to certain antidilution 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 0.050 as of July 24, 2024.
F2	As of July 24, 2024, the shares of Series B Convertible Preferred Stock reported herein were convertible into 220,954 shares of Common Stock. 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.

Content

The shares of Common Stock reported herein are underlying 4,419,098 shares of Series B Convertible Preferred Stock acquired by the Reporting Person in exchange for cancellation of the Issuer's obligation to pay accrued dividends totaling approximately $10.9 million to the Reporting Person for annual dividend periods ended in 2023 and 2024. Subject to certain antidilution 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 0.050 as of July 24, 2024.

As of July 24, 2024, the shares of Series B Convertible Preferred Stock reported herein were convertible into 220,954 shares of Common Stock. 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.