Q Global Capital Management, L.P. - Nov 27, 2024 Form 4 Insider Report for ModivCare Inc (MODV)

Role
10%+ Owner
Signature
/s/ Nelson Holm, Assistant Secretary, Q Global Capital Management, L.P.
Stock symbol
MODV
Transactions as of
Nov 27, 2024
Transactions value $
$33,847
Form type
4
Date filed
12/2/2024, 05:41 PM
Previous filing
Nov 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODV Common Stock, $0.001 par value per share Purchase $2.24K +126 +0.01% $17.74 1.92M Nov 27, 2024 Direct F1, F2, F3
transaction MODV Common Stock, $0.001 par value per share Purchase $3.51K +198 +0.01% $17.75 1.92M Nov 29, 2024 Direct F1, F2
transaction MODV Common Stock, $0.001 par value per share Purchase $28.1K +1.58K +0.08% $17.75 1.92M Dec 2, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All shares reported herein as being owned by Q Global Capital Management, L.P. ("QGCM") are held by QGCM pursuant to an Investment Management Agreement with Q5-R5 Trading, Ltd. This filing shall not be deemed an admission that QGCM is the beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934 (the "Act").
F2 Q Global Advisors, LLC ("QGA") is the sole general partner of QGCM, which is the holder of the shares reported herein. Renegade Swish, LLC ("RS") is the sole manager of QGA. RS is controlled and indirectly wholly owned by Geoffrey P. Raynor ("Raynor"). Pursuant to Rule 16a-1(a)(2)(ii)(B) under the Act, each of QGCM, QGA, RS and Raynor is deemed to be the beneficial owner of any such shares beneficially owned by QGCM only to the extent of the greater of his or its respective direct or indirect interest therein. Each of QGCM, QGA, RS and Raynor hereby disclaims beneficial ownership of all such shares, except to the extent of any indirect pecuniary interest therein.
F3 The price reported in Column 4 above reflects the weighted average purchase price. The transaction was executed in multiple trades in prices ranging from $17.74 to $17.75, inclusive. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the ranges set forth in this footnote.