Braden Michael Leonard - Dec 29, 2022 Form 4 Insider Report for RETRACTABLE TECHNOLOGIES INC (RVP)

Role
10%+ Owner
Signature
Braden Michael Leonard
Stock symbol
RVP
Transactions as of
Dec 29, 2022
Transactions value $
-$4,800,000
Form type
4
Date filed
12/29/2022, 04:43 PM
Previous filing
Dec 29, 2022
Next filing
Dec 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVP Common Stock Sale -$4.8M -3M -81.33% $1.60 689K Dec 29, 2022 Holding of BML Investment Partners, L.P. F1, F2
holding RVP Common Stock 388K Dec 29, 2022 Direct
* 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 shares were sold in one negotiated transaction at $1.60.