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Signature
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/s/ Benedict Nwaeke, attorney-in-fact for Richard A. Caring
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Stock symbol
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SHCO
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Transactions as of
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Dec 23, 2022
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Transactions value $
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$719,960
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Form type
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4
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Date filed
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12/28/2022, 06:30 PM
Transactions Table
Type |
Sym |
Class |
Transaction |
Value $ |
Shares |
Change % |
* Price $ |
Shares After |
Date |
Ownership |
Footnotes |
transaction |
SHCO |
Class A Common Stock |
Purchase |
$720K |
+200K |
+133.31% |
$3.60 |
350K |
Dec 23, 2022 |
Direct |
F1 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
Remarks:
Each of Nick Jones, Richard Caring, Ron Burkle and The Yucaipa Companies, LLC (and, in each case, certain affiliates and family members) have agreed to vote together as a group with respect to certain matters (the "Voting Group") pursuant to the provisions of a Stockholders' Agreement between each member of the Voting Group and the Issuer, so long as the Voting Group owns a requisite percentage of the Issuer's total outstanding common stock. The Voting Group holds all of the Issuer's issued and outstanding Class B Common Stock and, as a result, when voting together as a group, controls over 90% of the combined voting power of the Issuer and is able to control any action requiring Issuer shareholder approval.