Justin B. Wender - 05 May 2023 Form 4 Insider Report for International Money Express, Inc. (IMXI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
09 May 2023, 16:32:25 UTC
Prior SEC filing
18 Aug 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Justin B. Wender

Key filing fact

Justin B. Wender filed Form 4 for International Money Express, Inc. (IMXI) on 09 May 2023.

Key facts

  • This page summarizes Justin B. Wender's Form 4 filing for International Money Express, Inc. (IMXI).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 09 May 2023, 16:32.

Change

  • Previous filing in this sequence was filed on 18 Aug 2022.
  • Current net transaction value: -$12,640,000.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IMXI transaction

Common Stock

Disposed to Issuer

Transaction value
$12,640,000
Shares
-500,000
Change %
-28%
Price
$25.28
Shares after
1,303,351
Date
05 May 2023
Ownership
See footnote
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

These shares of common stock were sold to the issuer pursuant to the terms of that certain Share Repurchase Agreement between the issuer and SPC Intermex, LP, a Delaware limited partnership, dated May 5, 2023.

Footnote F2

This amount represents a discount of 4.0% from the last reported sales price as reported on the Nasdaq Stock Market of the issuer's common stock on May 5, 2023.

Footnote F3

These shares of common stock of the issuer are directly held by SPC Intermex, LP. The general partner of SPC Intermex, LP is SPC Intermex GP, LLC and Stella Point Capital LLC is the sole manager of SPC Intermex GP, LLC. The reporting person, as well as Adam P. Godfrey, are the managing partners of and jointly control Stella Point Capital LLC, and each may also be deemed to have beneficial ownership of the shares of the issuer's common stock held of record by SPC Intermex, LP, but each disclaims beneficial ownership of such shares, except to the extent of their respective pecuniary interest therein.

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