Savanna Holdings, LLC - Sep 16, 2022 Form 4 Insider Report for Inotiv, Inc. (NOTV)

Role
10%+ Owner
Signature
SAVANNA HOLDINGS, LLC; By: P2 Capital Master Fund I, L.P., as Managing Member; By: P2 Capital Partners, LLC, as Investment Manager; By: /s/ Claus Moller, Managing Member
Stock symbol
NOTV
Transactions as of
Sep 16, 2022
Transactions value $
$0
Form type
4
Date filed
9/20/2022, 09:01 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOTV Common Shares Other $0 -2.95M -100% $0.00* 0 Sep 16, 2022 Direct F1
transaction NOTV Common Shares Other $0 +716K $0.00 716K Sep 16, 2022 Direct F1, F2
transaction NOTV Common Shares Other $0 +2.23M $0.00 2.23M Sep 16, 2022 Direct F1, F3
transaction NOTV Common Shares Other $0 -2.23M -100% $0.00* 0 Sep 16, 2022 Direct F3, F4
transaction NOTV Common Shares Other $0 +63.8K $0.00 63.8K Sep 16, 2022 By P2 Capital GP IV, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Savanna Holdings, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Savanna Holdings, LLC ("Savanna Holdings") distributed these shares to its members, P2 Capital Master Fund I, L.P. ("Fund I") and P2 Capital Fund IV, L.P. ("Fund IV"), ratably, for no consideration. As a result of such distribution, Savanna Holdings no longer holds any shares.
F2 The securities reported are held directly by Fund I and may be deemed to be beneficially owned by P2 Capital Partners, LLC ("P2 Capital Partners") and Claus Moller because Mr. Moller is the managing member of P2 Capital Partners and P2 Capital Partners controls all of the outstanding voting interests in Fund I. Each of P2 Capital Partners and Mr. Moller 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.
F3 The securities reported are held directly by Fund IV and may be deemed to be beneficially owned by P2 Capital Partners and Claus Moller because Mr. Moller is the managing member of P2 Capital Partners and P2 Capital Partners controls all of the outstanding voting interests in Fund IV. Each of P2 Capital Partners and Mr. Moller 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.
F4 Fund IV distributed these shares to its partners, ratably, for no consideration, which included 63,758 shares distributed to P2 Capital GP IV, LLC ("GP IV"). Mr. Moller is the managing member of GP IV and disclaims beneficial ownership of the securities held by GP IV, except to the extent of 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.