Mudrick Capital Management, L.P. - Aug 16, 2021 Form 4 Insider Report for Thryv Holdings, Inc. (THRY)

Role
Director, 10%+ Owner
Signature
See Signatures Included in Exhibit 99.1
Stock symbol
THRY
Transactions as of
Aug 16, 2021
Transactions value $
-$7,962,500
Form type
4
Date filed
8/18/2021, 08:29 PM
Previous filing
Jun 10, 2021
Next filing
Aug 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THRY Common Stock Sale -$7.96M -250K -1.94% $31.85 12.6M Aug 16, 2021 See notes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed by the following Reporting Persons: Mudrick Capital Management, L.P. ("MCM"), Jason Mudrick, Mudrick Distressed Opportunity Fund Global, LP, and Verto Direct Opportunity II, LP.
F2 Mr. Mudrick is the sole member of Mudrick Capital Management, LLC, which is the general partner of MCM. MCM is the investment manager of the following entities: Mudrick Distressed Opportunity Fund Global, LP; Mudrick Distressed Opportunity Drawdown Fund, LP; Mudrick Distressed Opportunity Drawdown Fund II, LP; Verto Direct Opportunity II, LP; Boston Patriot Batterymarch St LLC; Blackwell Partners LLC Series A; Mercer QIF Fund PLC; P Mudrick LTD; and Mudrick Distressed Opportunity Specialty Fund, LP. Mr. Mudrick is the managing member of Verto Direct Opportunity GP, LLC, which is the general partner of Verto Direct Opportunity II, LP. Each Reporting Person and each of the aforementioned entities disclaims beneficial ownership of any equity securities of the Issuer except to the extent of such person's or entity's pecuniary interest therein, if any.
F3 Represents shares of Common Stock sold by the following entities: 74,603 by Mudrick Distressed Opportunity Fund Global, L.P.; 29,172 by Blackwell Partners LLC Series A; 7,280 by P Mudrick Ltd.; 33,773 by Mudrick Distressed Opportunity Drawdown Fund II, L.P.; 64,330 by Verto Direct Opportunity II, LP; 38,459 by Boston Patriot Batterymarch St LLC; and 2,383 by Verto Direct Opportunity GP, LLC (through Jason Mudrick to whom these shares were distributed in connection with the sale).
F4 Represents shares of Common Stock held by the following entities following the sale: 1,474,964 by Blackwell Partners LLC Series A; 1,944,512 by Boston Patriot Batterymarch St LLC; 1,707,580 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 3,771,937 by Mudrick Distressed Opportunity Fund Global, LP; 368,087 by P Mudrick LTD; 120,500 by Verto Direct Opportunity GP, LLC; and 3,252,531 by Verto Direct Opportunity II, LP.

Remarks:

Exhibit 99.1 (Joint Filer Information) is incorporated herein by reference.