B. Riley Financial, Inc. - Aug 4, 2023 Form 4 Insider Report for ALTA EQUIPMENT GROUP INC. (ALTG)

Role
10%+ Owner
Signature
B. Riley Financial, Inc., by: /s/ Bryant R. Riley, Co-Chief Executive Officer
Stock symbol
ALTG
Transactions as of
Aug 4, 2023
Transactions value $
-$5,362,500
Form type
4
Date filed
8/7/2023, 05:15 PM
Previous filing
Jul 21, 2023
Next filing
Aug 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALTG Common Stock Sale -$5.36M -330K -11.87% $16.25 2.45M Aug 4, 2023 By BRF Investments, LLC F1, F2, F3
holding ALTG Common Stock 1.16M Aug 4, 2023 By B. Riley Securities, Inc. F1, F2, F3
holding ALTG Common Stock 625K Aug 4, 2023 Direct F4
holding ALTG Common Stock 1.06K Aug 4, 2023 By Bryant R. Riley, as UTMA custodian for Charlie Riley F1, F3
holding ALTG Common Stock 1.06K Aug 4, 2023 By Bryant R. Riley, as UTMA custodian for Susan Riley F1, F3
holding ALTG Common Stock 1.06K Aug 4, 2023 By Bryant R. Riley, as UTMA custodian for Abigail Riley F1, F3
holding ALTG Common Stock 1.06K Aug 4, 2023 By Bryant R. Riley, as UTMA custodian for Eloise Riley F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed jointly by B. Riley Financial, Inc., a Delaware corporation ("BRF"), B. Riley Securities, Inc., a Delaware corporation ("BRS"), BRF Investments, LLC, a Delaware limited liability company ("BRFI"), and Bryant R. Riley.
F2 BRF is the parent company of BRS and BRFI. As a result, BRF may be deemed to indirectly beneficially own the shares held by BRS and BRFI.
F3 Bryant R. Riley is the Co-Chief Executive Officer and Chairman of the Board of Directors of BRF. As a result, Bryant R. Riley may be deemed to indirectly beneficially own the shares of Common Stock directly held by BRS and BRFI. Each of BRF, BRS, BRFI, and Bryant R. Riley disclaims beneficial ownership of the outstanding shares of Common Stock reported herein, except to the extent of its/his respective pecuniary interest therein.
F4 Represents shares held directly by Bryant R. Riley.

Remarks:

On August 4, 2023, Alta Equipment Group Inc. announced that the underwriters of its previously announced secondary public offering have fully exercised their option to purchase an additional 330,000 shares of common stock at $16.25 per share, bringing the total number of shares sold by the selling stockholder in the secondary offering to 2,530,000 shares of common stock. Certain of these transactions are matchable transactions under Section 16(b) of the Exchange Act. The Reporting Persons will disgorge the full amount of any recoverable profits to the Issuer.