Corre Partners Management, LLC - 27 Jun 2022 Form 4 Insider Report for Horizon Global Corp

Role: Director, Other*
Signature: /s/ Paula Reno, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 27 Jun 2022
Net transactions value: -$40,000,000
Form type: 4
Filing time: 29 Jun 2022, 16:41:23 UTC
Previous filing: 24 Jun 2022
Next filing: 06 Jul 2022
SEC: View on sec.gov

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	HZN	2.75% Convertible Senior Notes due 2022	Sale	$40,000,000				7,229,000	27 Jun 2022	Common Stock	1,601,281	$24.98	See Footnote	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Sold in exchange for $40,000,000 of the Issuer's Series B Preferred Stock.
F2	Represents the principal amount of convertible notes.
F3	The reported securities are directly owned by clients of Corre Partners Management, LLC ("Corre"). The securities may be deemed to be beneficially owned by Corre because Corre serves as the investment manager to each such client. Corre disclaims any beneficial ownership of any and all of the Issuer's securities reported herein in excess of its actual pecuniary interest.

Remarks:

Corre may be deemed to be a director by deputization for purposes of Section 16 under the Securities and Exchange Act of 1934 by virtue of the fact that John Barrett, Managing Partner of Corre, currently serves on the board of directors of the Issuer.