| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WHLR | Series B Convertible Preferred Stock | Sale | -$4.42K | -536 | -1.45% | $8.25 | 36.3K | Nov 18, 2021 | Common Stock, $0.01 par value | 335 | $40.00 | See footnote | F1, F2, F3, F14 |
| transaction | WHLR | Series B Convertible Preferred Stock | Sale | -$4.86K | -589 | -1.62% | $8.25 | 35.7K | Nov 19, 2021 | Common Stock, $0.01 par value | 368 | $40.00 | See footnote | F1, F4, F14 |
| transaction | WHLR | Series D Cumulative Convertible Preferred Stock | Sale | -$13.3K | -819 | -0.91% | $16.30 | 89.6K | Nov 18, 2021 | Common Stock, $0.01 par value | 1.21K | $16.96 | See footnote | F7, F8, F9, F14 |
| transaction | WHLR | Series D Cumulative Convertible Preferred Stock | Sale | -$14.5K | -901 | -1.01% | $16.05 | 88.7K | Nov 19, 2021 | Common Stock, $0.01 par value | 1.33K | $16.96 | See footnote | F7, F10, F11, F14 |
| holding | WHLR | Series B Convertible Preferred Stock | 185K | Nov 18, 2021 | Common Stock, $0.01 par value | 0 | $40.00 | See footnote | F1, F5, F14 | |||||
| holding | WHLR | Series B Convertible Preferred Stock | 2.57K | Nov 18, 2021 | Common Stock, $0.01 par value | 0 | $40.00 | See footnote | F1, F6, F14 | |||||
| holding | WHLR | Series D Cumulative Convertible Preferred Stock | 329K | Nov 18, 2021 | Common Stock, $0.01 par value | 0 | $16.96 | See footnote | F7, F12, F14 | |||||
| holding | WHLR | Series D Cumulative Convertible Preferred Stock | 4.32K | Nov 18, 2021 | Common Stock, $0.01 par value | 0 | $16.96 | See footnote | F7, F13, F14 |
| Id | Content |
|---|---|
| F1 | Convertible at any time with no expiration date, but subject to mandatory conversion if the 20 trading day volume-weighted average closing price of the Common Stock, $0.01 par value, exceeds $58. |
| F2 | This is the average price. The prices at which shares were actually sold range from $8.25 to $8.26. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F3 | The transaction was effected for certain accounts managed by Steamboat Capital Partners, LLC (IA), which after such transaction, own 36,329 shares of Series B Convertible Preferred Stock (Series B). |
| F4 | The transaction was effected for certain accounts managed by Steamboat Capital Partners, LLC (IA), which after such transaction, own 35,740 shares of Series B Convertible Preferred Stock (Series B). |
| F5 | Ownership of Steamboat Capital Partners Master Fund, LP (Master) which has delegated investment discretion to Steamboat Capital Partners, LLC (IA), and which continues to own 185,230 shares of Series B. |
| F6 | Ownership of Steamboat Capital Partners II, LP (II) which continues to own 2568 shares of Series B. |
| F7 | Convertible at any time, with no expiration date. |
| F8 | This is the average price. The prices at which shares were actually sold range from $16.30 to $16.31. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F9 | The transaction was effected for certain accounts managed by Steamboat Capital Partners, LLC (IA), which after such transaction, own 89,647 shares of Series D Cumulative Convertible Preferred Stock (Series D). |
| F10 | This is the average price. The prices at which shares were actually sold range from $16.05 to $16.06. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F11 | The transaction was effected for certain accounts managed by Steamboat Capital Partners, LLC (IA), which after such transaction, own 88,746 shares of Series D Cumulative Convertible Preferred Stock (Series D). |
| F12 | Ownership of Steamboat Capital Partners Master Fund, LP (Master) which has delegated investment discretion to Steamboat Capital Partners, LLC (IA), and which continues to own 328,828 shares of Series D Cumulative Convertible Preferred Stock (Series D). |
| F13 | Ownership of Steamboat Capital Partners II, LP (II) which continues to own 4319 shares of Series D Cumulative Convertible Preferred Stock (Series D). |
| F14 | Steamboat Capital Partners GP, LLC (GP) is general partner of, and entitled to receive a performance allocation from, each of Master and II. IA is entitled to receive a performance fee from the managed accounts referred to in footnotes 3,4, 9 and 11 (the "MA"). Parsa Kiai ("Kiai") is the Managing Member of GP and IA. Accordingly, Kiai may be deemed to have a pecuniary interest in the shares owned by Master and II and IA and Kiai may be deemed to have a pecuniary interest in the shares owned by the MA. Kiai and IA are filers of this report, filing jointly but not as a group and each disclaims beneficial ownership of securities reported hereon except to the extent of its or his pecuniary interest therein. |
The ticker symbol referenced in item 2 is the symbol for the Common Stock. The symbols for the securities in which transactions actually occurred are WHLRD and WHLRP.