Don R. Daseke - 14 Nov 2022 Form 4 Insider Report for Daseke, Inc.

Reporting relationship: Fmr. Director & Fmr. 10% Owner
Issuer ticker: N/A
Reported as of: 14 Nov 2022
Net transaction value: -$107,596,350
SEC form: 4
Accepted by SEC: 16 Nov 2022, 15:32:21 UTC
Prior SEC filing: 02 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ Soumit Roy, attorney-in-fact

Key filing fact

Don R. Daseke filed Form 4 for Daseke, Inc. on 16 Nov 2022.

Key facts

This page summarizes Don R. Daseke's Form 4 filing for Daseke, Inc..
5 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 16 Nov 2022, 15:32.

Change

Previous filing in this sequence was filed on 02 Mar 2022.
Current net transaction value: -$107,596,350.

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.

DSKE transaction

Common Stock

Disposed to Issuer

Transaction value: $9,366,672
Shares: -1,561,112
Change %: -100%
Price: $6.00
Shares after: 0
Date: 14 Nov 2022
Ownership: Direct
Footnotes: F1

DSKE transaction

Common Stock

Disposed to Issuer

Transaction value: $205,794
Shares: -34,299
Change %: -100%
Price: $6.00
Shares after: 0
Date: 14 Nov 2022
Ownership: By Spouse
Footnotes: F1, F2

DSKE transaction

Common Stock

Disposed to Issuer

Transaction value: $98,023,884
Shares: -16,337,314
Change %: -100%
Price: $6.00
Shares after: 0
Date: 14 Nov 2022
Ownership: By The Walden Group, Inc.
Footnotes: F1, F3

DSKE transaction

Series B-1 Perpetual Redeemable Preferred Stock

Award

Transaction value
Shares: +20,000
Change %
Price
Shares after: 20,000
Date: 14 Nov 2022
Ownership: By The Walden Group, Inc.
Footnotes: F1, F3

DSKE transaction

Series B-2 Perpetual Redeemable Preferred Stock

Award

Transaction value
Shares: +47,597
Change %
Price
Shares after: 47,597
Date: 14 Nov 2022
Ownership: By The Walden Group, Inc.
Footnotes: F1, F3

DSKE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 76,000
Date: 14 Nov 2022
Ownership: By Walden Management Co. Pension
Footnotes: F4

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Don R. Daseke is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

On November 14, 2022, Mr. Daseke sold 1,561,112 shares of common stock, par value $0.0001 per share ("common stock"), of Daseke, Inc. (the "Issuer"), Mrs. Daseke sold 34,299 shares of common stock and The Walden Group, Inc. sold 5,071,256 shares of common stock, in each case to the Issuer for $6.00 in cash per share. Also on November 14, 2022, The Walden Group, Inc. sold to the Issuer 11,266,058 shares of common stock in exchange for (i) 20,000 shares of Series B-1 Perpetual Redeemable Preferred Stock, par value $0.0001 per share, of the Issuer, with an aggregate initial liquidation preference of $20,000,000, and (ii) 47,597 shares of Series B-2 Perpetual Redeemable Preferred Stock, par value $0.0001 per share, of the Issuer, with an aggregate initial liquidation preference of $47,597,000.

Footnote F2

Prior to sale, was held of record by Mr. Daseke's spouse. Mr. Daseke disclaims beneficial ownership except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Footnote F3

Prior to sale, was held of record by The Walden Group, Inc. Mr. Daseke is the President and majority stockholder of The Walden Group, Inc. Mr. Daseke disclaims beneficial ownership except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Footnote F4

Held of record by Walden Management Co. Pension. Mr. Daseke is the sole trustee of Walden Management Co. Pension. Mr. Daseke disclaims beneficial ownership except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.