P2 Capital Partners, LLC - Nov 5, 2021 Form 3 Insider Report for Inotiv, Inc. (NOTV)

Role: 10%+ Owner
Signature: P2 CAPITAL PARTNERS, LLC; By: /s/ Claus Moller, Managing Member
Stock symbol: NOTV
Transactions as of: Nov 5, 2021
Transactions value $: $0
Form type: 3
Date filed: 11/15/2021, 07:00 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NOTV	Common Shares						2.95M	Nov 5, 2021	By LLC	F1

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

Explanation of Responses:

Id	Content
F1	P2 Capital Master Fund I, L.P. and P2 Capital Fund IV, L.P. ("Fund IV"), as the holders of all Class A membership interests in Savanna Holdings, LLC ("Savanna Holdings"), and Fund IV, as the holder of all Class B membership interests in Savanna Holdings, have exclusive control over the common shares held by Savanna Holdings in respect of such membership interests and, therefore, may each be deemed to own beneficially such common shares that are held directly by Savanna Holdings. Each of the reporting persons (other than Savanna Holdings) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any of the securities reported on this Form.

Content

P2 Capital Master Fund I, L.P. and P2 Capital Fund IV, L.P. ("Fund IV"), as the holders of all Class A membership interests in Savanna Holdings, LLC ("Savanna Holdings"), and Fund IV, as the holder of all Class B membership interests in Savanna Holdings, have exclusive control over the common shares held by Savanna Holdings in respect of such membership interests and, therefore, may each be deemed to own beneficially such common shares that are held directly by Savanna Holdings. Each of the reporting persons (other than Savanna Holdings) disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this Form shall not be construed as an admission that any such reporting person is the beneficial owner of any of the securities reported on this Form.