Key facts
- This page summarizes Brahman Capital Corp.'s Form 4 filing for Bluescape Opportunities Acquisition Corp..
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 13 Jan 2023, 15:19.
Brahman Capital Corp. - 11 Jan 2023 Form 4 Insider Report for Bluescape Opportunities Acquisition Corp.
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 11 Jan 2023
- Net transaction value
- -$465,259
- SEC form
- 4
- Accepted by SEC
- 13 Jan 2023, 15:19:36 UTC
- Prior SEC filing
- 12 Jan 2023
- Next SEC filing
- 17 Jan 2023
- Source filing
- View source filing
- Reporting owner signature
- Brahman Capital Corp., By: /s/ Robert J. Sobel, Principal
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Brahman Capital Corp. filed Form 4 for Bluescape Opportunities Acquisition Corp. on 13 Jan 2023.
Change
- Previous filing in this sequence was filed on 12 Jan 2023.
- Current net transaction value: -$465,259.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
BOAC
transaction
Class A Ordinary Shares, par value $0.0001 per share
Sale
- Transaction value
- $465,259
- Shares
- -47,456
- Change %
- -3.6%
- Price
- $9.80
- Shares after
- 1,253,696
- Date
- 11 Jan 2023
- Ownership
- See footnotes
- Footnotes
- F1, F2, F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
BOAC
transaction
Derivative
Equity Swaps (obligation to buy)
Other
- Transaction value
- Shares
- -1
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 11 Jan 2023
- Ownership
- See footnotes
- Underlying class
- Class A Ordinary Shares
- Underlying amount
- 83,290
- Exercise price
- Footnotes
- F2, F3, F4, F5, F6, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.8202 to $9.79, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Footnote F2
Brahman Capital Corp. serves as investment manager to a number of investment funds (including Brahman Partners II, L.P., Brahman Partners III, L.P., Brahman Partners II Offshore, Ltd., Brahman Partners IV, L.P. and Brahman Partners IV Offshore, Ltd., collectively, the "Brahman Funds") with respect to which it has voting and dispositive authority over the Common Stock reported in this Form 3. Robert J. Sobel and Mitchell A. Kuflik are executive officers and directors of Brahman Capital Corp. and have the ability to control the decisions of Brahman Capital Corp. with respect to the assets of such investment funds.
Footnote F3
Brahman Management, L.L.C. is the general partner of the Brahman Partners II, L.P., Brahman Partners III, L.P., and Brahman Partners IV, L.P. Robert J. Sobel and Mitchell A. Kuflik are the managing members of Brahman Management, L.L.C. and have the ability to control the decisions of Brahman Management, L.L.C. with respect to the assets of such investment funds.
Footnote F4
None of Brahman Capital Corp., Brahman Management, L.L.C., Robert J. Sobel or Mitchell A. Kuflik directly owns any shares of Common Stock. Each of Brahman Capital Corp. Robert J. Sobel and Mitchell A. Kuflik may be deemed to beneficially own 1,301,152 shares of Common Stock, which represents approximately 16.94% of the outstanding shares of Common Stock. Brahman Management, L.L.C. may be deemed to beneficially own 1,046,711 shares of Common Stock, which represents approximately 14.15% of the outstanding shares of Common Stock. Each of Brahman Capital Corp., Brahman Management, L.L.C., Robert J. Sobel and Mitchell A. Kuflik disclaims any beneficial ownership of the shares of the securities included in this report to the extent such beneficial ownership exceeds such person's pecuniary interest.
Footnote F5
Settlement of cash settled equity swaps. The cash settled equity swaps were settled pursuant to their terms. The swaps were able to be settled at any time. The notional shares settled under the swap contracts were settled at a settlement price of $9.8101.
Footnote F6
Cash-settled equity swap. Swaps are not counted for purposes of determining 10% beneficial ownership. These contracts do not give the Reporting Persons direct or indirect voting, investment or dispositive control over any securities of the Issuer and do not require the counterparties thereto to acquire, hold, vote or dispose of any securities of the Issuer. Accordingly, the Reporting Persons disclaim any beneficial ownership in securities that may be referenced in such contracts or that may be held from time to time by any counterparties to the contracts.
Footnote F7
Conversion or exercise price of the swaps were in the range of $9.87 to $11.32.