Ross Levinsohn - 10 Aug 2023 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 Aug 2023, 16:46:10 UTC
Prior SEC filing
26 Feb 2024
Next SEC filing
06 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ross Levinsohn
Filing notes and source

Key filing fact

Ross Levinsohn filed Form 4 for Arena Group Holdings, Inc. (AREN) on 14 Aug 2023.

Key facts

  • This page summarizes Ross Levinsohn's Form 4 filing for Arena Group Holdings, Inc. (AREN).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 14 Aug 2023, 16:46.

Change

  • Previous filing in this sequence was filed on 26 Feb 2024.
  • Current net transaction value: +$376.

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.

AREN transaction

Common Stock

Conversion of derivative security

Transaction value
$200,376
Shares
+27,600
Change %
+11%
Price
$7.26
Shares after
289,314
Date
10 Aug 2023
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AREN transaction Derivative

Series H Convertible Preferred Stock

Conversion of derivative security

Transaction value
-$200,000
Shares
-200
Change %
-100%
Price
$1000.00*
Shares after
0
Date
10 Aug 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
27,600
Exercise price
$7.26
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The reported transaction represents the mandatory conversion of the Issuer's outstanding shares of Series H Convertible Preferred Stock, which converted to Common Stock on August 10, 2023, pursuant to the Certificate of Designation of Preferences, Rights and Limitations of Series H Convertible Preferred Stock (the "Certificate of Designation") filed by the Issuer on or about August 8, 2018 with the Secretary of State of the State of Delaware. Pursuant to the Certificate of Designation, the conversion occurred automatically on the fifth anniversary of August 10, 2018, through no action on the part of the reporting person, and each share of Series H Convertible Preferred Stock converted into 138 shares of the Issuer's Common Stock.

SEC remarks

The mandatory automatic conversion of the Issuer's Series H Convertible Preferred Stock was disclosed by the Issuer in its quarterly report on Form 10-Q for the period ended June 30, 2023, filed with the U.S. Securities and Exchange Commission on August 14, 2023.

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