Key facts
- This page summarizes PURA VIDA INVESTMENTS, LLC's Form 4 filing for STRYVE FOODS, INC. (SNAX).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 17 Sep 2021, 16:09.
PURA VIDA INVESTMENTS, LLC - 15 Sep 2021 Form 4 Insider Report for STRYVE FOODS, INC. (SNAX)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- SNAX
- Reported as of
- 15 Sep 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 17 Sep 2021, 16:09:20 UTC
- Prior SEC filing
- 29 Apr 2022
- Next SEC filing
- 29 Apr 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Efrem Kamen, Managing Member of Pura Vida Investments, LLC
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
PURA VIDA INVESTMENTS, LLC filed Form 4 for STRYVE FOODS, INC. (SNAX) on 17 Sep 2021.
Change
- Previous filing in this sequence was filed on 29 Apr 2022.
- Current net transaction value: $0.
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.
SNAX
transaction
Class A Common Stock
Sale
- Transaction value
- Shares
- -800,000
- Change %
- -64%
- Price
- Shares after
- 450,000
- Date
- 15 Sep 2021
- Ownership
- See footnote
- Footnotes
- F1, F3, F6
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SNAX
transaction
Derivative
Prepaid Common Stock Purchase Warrant (right to buy)
Purchase
- Transaction value
- Shares
- +800,000
- Change %
- Price
- Shares after
- 800,000
- Date
- 15 Sep 2021
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 800,000
- Exercise price
- Footnotes
- F2, F3, F4, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
PURA VIDA INVESTMENTS, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 6 footnotes
Footnote F1
The shares of the Issuer's Class A Common Stock (the "Common Stock") reported herein were directly owned by certain private investment vehicles and accounts managed or sub-advised by Pura Vida Investments, LLC ("Pura Vida" and such private investment vehicles and accounts, the "Advisory Clients").
Footnote F2
The Prepaid Common Stock Purchase Warrants (the "Prepaid Warrants") reported herein are directly owned by the Advisory Clients.
Footnote F3
On September 15, 2021 (the "Effective Date"), the Issuer, Pura Vida and the Advisory Clients entered into that certain Share Purchase Agreement, pursuant to which the parties effected as of the Effective Date a simultaneous exchange of an aggregate of 800,000 shares of Common Stock held by the Advisory Clients for the Prepaid Warrants of the Issuer to purchase an aggregate of 800,000 shares of Common Stock.
Footnote F4
The terms of each Prepaid Warrant provide that the holder of such Prepaid Warrant does not have the right to exercise, and the Issuer shall not effect any exercise of, any portion of such Prepaid Warrant to the extent that, after giving effect to the issuance of Common Stock after such exercise, the holder (together with such holder's affiliates, and any persons acting as a group together with such holder or affiliates) would beneficially own in excess of 9.99% of the shares of the Common Stock then issued and outstanding, which percentage may be changed at the holder's election upon 61 days' notice to the Issuer (the "Beneficial Ownership Limitation").
Footnote F5
Subject to the Beneficial Ownership Limitation, each Prepaid Warrant may be exercised at the option of the holder for no additional consideration. The Prepaid Warrants have no expiration date.
Footnote F6
The reported securities may be deemed beneficially owned by Pura Vida as investment manager or sub-adviser of the Advisory Clients. The reported securities may also be deemed beneficially owned by Efrem Kamen as the principal of Pura Vida. Each of Pura Vida and Mr. Kamen (the "Reporting Persons") disclaims beneficial ownership of the reported securities except to the extent of their pecuniary interest therein. This report shall not be deemed an admission that such Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.