Karen Singer - 26 Sep 2022 Form 4 Insider Report for SEACHANGE INTERNATIONAL INC

Role
10%+ Owner
Signature
Karen Singer
Issuer symbol
N/A
Transactions as of
26 Sep 2022
Net transactions value
+$10,000
Form type
4
Filing time
28 Sep 2022, 15:13:01 UTC
Previous filing
20 Sep 2022
Next filing
19 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAC Common Stock Exercise of in-the-money or at-the-money derivative security $10,000 +10,000 +0.12% $1.00 8,219,470 26 Sep 2022 LLC managing member F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SEAC Put Options Exercise of in-the-money or at-the-money derivative security -100 -43% 131 26 Sep 2022 Common Stock 13,100 $1.00 LLC Managing Member F2, F3
holding SEAC Put Options 250 26 Sep 2022 Common Stock 25,000 $1.00 LLC Managing Member F2
holding SEAC Put Options 494 26 Sep 2022 Common Stock 49,400 $1.00 LLC Managing Member F2
holding SEAC Put Options 1,250 26 Sep 2022 Common Stock 125,000 $1.00 LLC Managing Member F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein. This filing shall not be deemed an admission that the reporting person is, for the purposes of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this filing.
F2 As the managing member of TAR Holdings, LLC
F3 On September 26, 2022, the counterparty to the put options written on June 22, 2022 by Tar Holdings LLC exercised such options without any action taken by Tar Holdings LLC