Q Global Capital Management, L.P. - 10 Jan 2025 Form 4 Insider Report for ModivCare Inc (MODV)

Role
10%+ Owner
Signature
s/ Nelson Holm, Assistant Secretary, Q Global Capital Management, L.P.
Issuer symbol
MODV
Transactions as of
10 Jan 2025
Net transactions value
-$5,351,875
Form type
4
Filing time
13 Jan 2025, 18:35:04 UTC
Previous filing
06 Dec 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 $48,385 +3,837 +0.2% $12.61 1,970,935 10 Jan 2025 Direct F1, F2, F3
transaction MODV Common Stock, $0.001 par value per share Sale $47,500 -4,022 -0.2% $11.81 1,966,913 10 Jan 2025 Direct F1, F2, F4
transaction MODV Common Stock, $0.001 par value per share Sale $74,786 -6,768 -0.34% $11.05 1,960,145 10 Jan 2025 Direct F1, F2, F5
transaction MODV Common Stock, $0.001 par value per share Sale $44,048 -4,396 -0.22% $10.02 1,955,749 10 Jan 2025 Direct F1, F2, F6
transaction MODV Common Stock, $0.001 par value per share Sale $452,580 -51,488 -2.6% $8.79 1,904,261 10 Jan 2025 Direct F1, F2, F7
transaction MODV Common Stock, $0.001 par value per share Sale $1,175,779 -148,457 -7.8% $7.92 1,755,804 10 Jan 2025 Direct F1, F2, F8
transaction MODV Common Stock, $0.001 par value per share Sale $1,891,233 -271,339 -15% $6.97 1,484,465 10 Jan 2025 Direct F1, F2, F9
transaction MODV Common Stock, $0.001 par value per share Sale $1,714,334 -262,532 -18% $6.53 1,221,933 13 Jan 2025 Direct F1, F2, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Q Global Capital Management, L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 $12.34 to $12.99, 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
F4 The price reported in Column 4 above reflects the weighted average purchase price. The transaction was executed in multiple trades in prices ranging from $11.51 to $12.32, 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.
F5 The price reported in Column 4 above reflects the weighted average purchase price. The transaction was executed in multiple trades in prices ranging from $10.60 to $11.50, 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.
F6 The price reported in Column 4 above reflects the weighted average purchase price. The transaction was executed in multiple trades in prices ranging from $9.513 to $10.50, 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.
F7 The price reported in Column 4 above reflects the weighted average purchase price. The transaction was executed in multiple trades in prices ranging from $8.51 to $9.40, 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.
F8 The price reported in Column 4 above reflects the weighted average purchase price. The transaction was executed in multiple trades in prices ranging from $7.51 to $8.50, 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.
F9 The price reported in Column 4 above reflects the weighted average purchase price. The transaction was executed in multiple trades in prices ranging from $6.51 to $7.505, 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.
F10 The price reported in Column 4 above reflects the weighted average purchase price. The transaction was executed in multiple trades in prices ranging from $6.33 to $6.87, 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.