Key facts
- This page summarizes Wipro LLC's Form 4 filing for HARTE HANKS INC (HHS).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 09 Dec 2022, 13:21.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Other
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Other
Additional SEC filing notes
Section 16 status
Wipro LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Footnote F1
Pursuant to a Stock Repurchase Agreement, dated June 30, 2022, between the Issuer and Wipro LLC, the Issuer repurchased 9,926 shares of the Issuer's Series A Convertible Preferred Stock (the "Series A Shares") from Wipro LLC (the "Repurchase Transaction") for consideration consisting of (i) $9,926,000 in cash and (ii) 100,000 shares of the Issuer's Common Stock.
Footnote F2
This report on Form 4 is jointly filed by Wipro LLC and Wipro Limited. Wipro LLC is a wholly-owned subsidiary of Wipro Limited. Wipro LLC directly owns the shares of Common Stock reported herein and, prior to the Repurchase Transaction, directly owned the shares of Series A Convertible Preferred Stock reported herein. Wipro Limited may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of all of the shares owned by Wipro LLC.
Footnote F3
The Series A Shares converted into shares of Common Stock at the rate of approximately one Series A Share for 100.9126 shares of Common Stock. The conversion ratio reflects an adjustment of the Issuer's 1-for-10 reverse stock split effective January 31, 2018. The actual number of shares of Common Stock may differ by approximately 50 shares.
SEC remarks
Following the reported transactions, the Reporting Persons no longer beneficially own 10% of the Issuer's Common Stock