Braden Michael Leonard - Apr 28, 2022 Form 3 Insider Report for RETRACTABLE TECHNOLOGIES INC (RVP)

Role
10%+ Owner
Signature
Braden Michael Leonard
Stock symbol
RVP
Transactions as of
Apr 28, 2022
Transactions value $
$0
Form type
3
Date filed
5/2/2022, 04:03 PM
Previous filing
Apr 25, 2022
Next filing
May 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RVP Common Stock 3.35M Apr 28, 2022 Holding of BML Investment Partners, L.P. F1
holding RVP Common Stock 388K Apr 28, 2022 Direct

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
holding RVP Put Option (obligation to buy) Apr 28, 2022 Common Stock 303K $5.00 Holding of BML Investment Partners, L.P. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 BML Capital Management, LLC ("BML Capital") serves as the general partner of BML Investment Partners, L.P., a Delaware limited partnership (the "Fund"), which is the direct owner of the subject shares. Mr. Leonard is the managing member of BML Capital, and exercises investment and voting control over the subject shares. Accordingly, shares owned directly by the Fund may be regarded as being beneficially owned by Mr. Leonard. Notwithstanding, Mr. Leonard disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
F2 The Fund wrote American Style put option contracts expiring in January 2023 (the "Put Options") which provide that the Fund will be required to purchase shares of Common Stock at the stated strike price if the counterparty exercises such option