Key facts
- This page summarizes KKR Wand Investors Corp's Form 4 filing for Mr. Cooper Group Inc. (COOP).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 03 Aug 2021, 17:06.
KKR Wand Investors Corp - 02 Aug 2021 Form 4 Insider Report for Mr. Cooper Group Inc. (COOP)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- COOP
- Reported as of
- 02 Aug 2021
- Net transaction value
- -$396,075,396
- Reporting owner signature
- KKR WAND HOLDINGS CORPORATION, By: /s/ Terence P. Gallagher, Name: Terence P. Gallagher, Title: Attorney-in-fact for Christopher J. Harrington, Director
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
KKR Wand Investors Corp filed Form 4 for Mr. Cooper Group Inc. (COOP) on 03 Aug 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$396,075,396.
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.
COOP
transaction
Common Stock
Sale
- Transaction value
- $44,024,862
- Shares
- -1,324,056
- Change %
- -100%
- Price
- $33.25
- Shares after
- 0
- Date
- 02 Aug 2021
- Ownership
- See footnotes
- Footnotes
- F1, F3, F4
COOP
transaction
Common Stock
Sale
- Transaction value
- $324,160,534
- Shares
- -9,749,189
- Change %
- -100%
- Price
- $33.25
- Shares after
- 0
- Date
- 02 Aug 2021
- Ownership
- See footnotes
- Footnotes
- F2, F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
COOP
transaction
Derivative
Series A Convertible Preferred Stock
Sale
- Transaction value
- $27,890,000
- Shares
- -1,000,000
- Change %
- -100%
- Price
- $27.89
- Shares after
- 0
- Date
- 02 Aug 2021
- Ownership
- See Footnotes
- Underlying class
- Common Stock
- Underlying amount
- 838,802
- Exercise price
- $13.20
- Footnotes
- F1, 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
KKR Wand Investors Corp 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
Represents securities held directly by KKR Wand Holdings Corporation. The sole directors and holders of voting stock of KKR Wand Holdings Corporation are Christopher J. Harrington and Simon Greene, each of whom is an executive of Kohlberg Kravis Roberts & Co. L.P., which is an affiliate of KKR Group Partnership L.P. KKR Group Partnership L.P. owns 100% of the economic interest in KKR Wand Holdings Corporation.
Footnote F2
Represents securities held directly by KKR Wand Investors Corporation. The sole directors and holders of voting stock of KKR Wand Investors Corporation are Christopher J. Harrington and Simon Greene, each of whom is an executive of Kohlberg Kravis Roberts & Co. L.P., which is an affiliate of KKR Group Partnership L.P. KKR Wand Investors L.P. owns 100% of the economic interest in KKR Wand Investors Corporation. KKR Wand GP LLC is the general partner of KKR Wand Investors L.P. KKR Wand GP LLC is a wholly owned subsidiary of KKR Group Partnership L.P.
Footnote F3
KKR Group Holdings Corp. is the general partner of KKR Group Partnership L.P. KKR & Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR Management LLP is the Series I preferred stockholder of KKR & Co. Inc. Messrs. Henry R. Kravis and George R. Roberts are the founding partners of KKR Management LLP.
Footnote F4
Each of the Reporting Persons may be deemed to be the beneficial owner of all or a portion of the securities reported herein. The filing of this statement shall not be deemed to be an admission that the Reporting Persons are subject to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or that, for purposes of Section 16 of the Exchange Act or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein, and the Reporting Persons disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
Footnote F5
The Series A Convertible Preferred Stock is immediately convertible.
Footnote F6
The price per share of the Series A Convertible Preferred Stock is equal to a price of $33.25 per underlying share of Common Stock.
SEC remarks
Because no more than 10 reporting persons can file any one Form 4 through the Securities and Exchange Commission's EDGAR system, certain affiliates of the Reporting Persons have filed a separate Form 4.