Maple Rock Capital Partners Inc. - 09 Jun 2022 Form 4 Insider Report for Groupon, Inc. (GRPN)

Reporting relationship: 10%+ Owner
Issuer ticker: GRPN
Reported as of: 09 Jun 2022
Net transaction value: +$3,853,993
SEC form: 4
Accepted by SEC: 17 Aug 2022, 21:54:56 UTC
Prior SEC filing: 17 Aug 2022
Next SEC filing: 17 Aug 2022
Source filing: View source filing
Reporting owner signature: /s/ Maple Rock Capital Partners Inc., By: /s/ Stephen D. Lane, Chief Financial Officer

Key filing fact

Maple Rock Capital Partners Inc. filed Form 4 for Groupon, Inc. (GRPN) on 17 Aug 2022.

Key facts

This page summarizes Maple Rock Capital Partners Inc.'s Form 4 filing for Groupon, Inc. (GRPN).
6 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 17 Aug 2022, 21:54.

Change

Previous filing in this sequence was filed on 17 Aug 2022.
Current net transaction value: +$3,853,993.

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.

GRPN transaction

Common Stock

Purchase

Transaction value: $654,376
Shares: +44,149
Change %: +1.8%
Price: $14.82
Shares after: 2,454,849
Date: 17 Jun 2022
Ownership: See footnote
Footnotes: F1, F2

GRPN transaction

Common Stock

Purchase

Transaction value: $2,648,052
Shares: +171,851
Change %: +7%
Price: $15.41
Shares after: 2,626,700
Date: 21 Jun 2022
Ownership: See footnote
Footnotes: F1, F3

GRPN transaction

Common Stock

Purchase

Transaction value: $542,665
Shares: +50,000
Change %: +1.9%
Price: $10.85
Shares after: 2,676,700
Date: 01 Jul 2022
Ownership: See footnote
Footnotes: F1, F4

Reported derivative securities

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

GRPN transaction Derivative

Stock Option (Right to Buy)

Purchase

Transaction value: $9,118
Shares: +6,000
Change %: +78%
Price: $1.52^*
Shares after: 13,700
Date: 09 Jun 2022
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 600,000
Exercise price: $25.00
Footnotes: F1, F5, F6

GRPN transaction Derivative

Stock Option (Right to Buy)

Purchase

Transaction value: $1,742
Shares: +1,300
Change %: +9.5%
Price: $1.34^*
Shares after: 15,000
Date: 24 Jun 2022
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 130,000
Exercise price: $25.00
Footnotes: F1, F5, F7

GRPN transaction Derivative

Stock Option (Right to Buy)

Sale

Transaction value: $1,960
Shares: -15,000
Change %: -100%
Price: $0.1307^*
Shares after: 0
Date: 15 Jul 2022
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 1,500,000
Exercise price: $25.00
Footnotes: F1, F5, F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Maple Rock Capital Partners Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 8 footnotes

Footnote F1

These shares of Common Stock and stock options are held directly by Maple Rock Master Fund LP (the "Fund"). Maple Rock Capital Partners Inc. (the "Manager") serves as investment adviser to the Fund, and Xavier Majic is the Chief Investment Officer of the Manager.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares of Common Stock were purchased in multiple transactions at prices ranging from $14.70 to $14.96, 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 purchased at each separate price within the ranges set forth in this footnote (2).

Footnote F3

The price reported in Column 4 is a weighted average price. These shares of Common Stock were purchased in multiple transactions at prices ranging from $15.13 to $15.835, 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 purchased at each separate price within the ranges set forth in this footnote (3).

Footnote F4

The price reported in Column 4 is a weighted average price. These shares of Common Stock were purchased in multiple transactions at prices ranging from $10.575 to $10.995, 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 purchased at each separate price within the ranges set forth in this footnote (4).

Footnote F5

These stock options were immediately exercisable.

Footnote F6

The price reported in Column 8 is a weighted average price. These stock options were purchased in multiple transactions at prices ranging from $1.35 to $1.60, 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 options purchased at each separate price within the ranges set forth in this footnote (6).

Footnote F7

The price reported in Column 8 is a weighted average price. These stock options were purchased in multiple transactions at prices ranging from $1.30 to $1.35, 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 options purchased at each separate price within the ranges set forth in this footnote (7).

Footnote F8

The price reported in Column 8 is a weighted average price. These stock options were sold in multiple transactions at prices ranging from $0.12 to $0.21, 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 options sold at each separate price within the ranges set forth in this footnote (8).