John Frederick Barrett - 27 Jun 2022 Form 4 Insider Report for Horizon Global Corp

Role
Director
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, 16:41:49 UTC
Previous filing
31 May 2022
Next filing
09 Feb 2023
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 Convertible notes held by clients of Corre Partners Management, LLC ("Corre"). As a managing partner of Corre, the Reporting Person may be deemed to have beneficial ownership of such securities. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of any pecuniary interest therein.