Joseph Marinucci - 17 Nov 2023 Form 4 Insider Report for Digital Media Solutions, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Nov 2023, 17:52:43 UTC
Prior SEC filing
23 Aug 2023
Next SEC filing
07 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Joseph Marinucci

Key filing fact

Joseph Marinucci filed Form 4 for Digital Media Solutions, Inc. on 21 Nov 2023.

Key facts

  • This page summarizes Joseph Marinucci's Form 4 filing for Digital Media Solutions, Inc..
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 21 Nov 2023, 17:52.

Change

  • Previous filing in this sequence was filed on 23 Aug 2023.
  • 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

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.

DMS transaction

Class A Common Stock, Par Value $0.0001 per share

Conversion of derivative security

Transaction value
Shares
+1,520,948
Change %
Price
Shares after
1,520,948
Date
17 Nov 2023
Ownership
See footnote
Footnotes
F1, F2, F3

Reported derivative securities

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

DMS transaction Derivative

Units of Digital Media Solutions Holdings, LLC

Conversion of derivative security

Transaction value
$0
Shares
-1,520,948
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Nov 2023
Ownership
See footnote
Underlying class
Class A common stock
Underlying amount
1,520,948
Exercise price
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Reflects the redemption of 1,520,948 units of Digital Media Solutions Holdings, LLC ("DMSH"), an indirect subsidiary of the Issuer, held by Prism Data, LLC in exchange for 1,520,948 shares of the Issuer's Class A Common Stock.

Footnote F2

Adjusted to reflect a 1-for-15 reverse stock split of the Issuer's Class A Common Stock on August 29, 2023.

Footnote F3

The reported securities are held by Prism Data, LLC, a limited liability company of which the reporting person is the manager and a member. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Footnote F4

Each unit of DMSH, an indirect subsidiary of the Issuer, may be redeemed by the holder for cash in an amount equal to the value of one share of the Issuer's Class A Common Stock or, at the Issuer's option, the Issuer may acquire each unit in exchange for one share of Class A Common Stock or the cash value thereof, in each case subject to certain restrictions. Upon a. redemption or acquisition of such units, an equal number of the unit holder's non-economic, voting shares of the Issuer's Class B Common Stock will be cancelled.

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