Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WHLR | Series D Cumulative Convertible Preferred Stock | Sale | -$367K | -20.4K | -100% | $18.00 | 0 | May 18, 2021 | Common Stock | 30.1K | $16.96 | Held in managed funds | F2, F3, F4 |
holding | WHLR | Series B Convertible Preferred Stock | 45.3K | May 18, 2021 | Common Stock | 28.3K | $40.00 | Held in managed funds | F1, F2 |
Id | Content |
---|---|
F1 | Each share of Series B Convertible Preferred Stock (the "Series B Stock") is convertible into shares of the Issuer's common stock at $40.00 per share, and one share of Series B Stock is convertible into 0.625 shares of Issuer common stock. The Series B Stock has no expiration date. |
F2 | These shares are held by various investment partnerships, funds and managed accounts, in which NS Advisors, LLC ("NS Advisors") serves as the investment manager. Mr. Jones is the managing member of NS Advisors and has sole voting and investment authority over the shares. |
F3 | The Series D Cumulative Convertible Preferred Stock (the "Series D Stock") was tendered to the Issuer in the Issuer's modified Dutch auction tender offer which expired on May 14, 2021. |
F4 | Each share of Series D Stock is convertible into shares of the Issuer's common stock at $16.96 per share and one share of Series D Stock is convertible into 1.474 shares of Issuer common stock. The Series D Stock has no expiration date. |