Flavia Landsberg - 10 May 2024 Form 4 Insider Report for PYXUS INTERNATIONAL, INC. (PYYX)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
14 May 2024, 17:57:37 UTC
Prior SEC filing
16 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher Meredith, Attorney-In-Fact

Key filing fact

Flavia Landsberg filed Form 4 for PYXUS INTERNATIONAL, INC. (PYYX) on 14 May 2024.

Key facts

  • This page summarizes Flavia Landsberg's Form 4 filing for PYXUS INTERNATIONAL, INC. (PYYX).
  • 3 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 14 May 2024, 17:57.

Change

  • Previous filing in this sequence was filed on 16 Nov 2021.
  • 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 derivative securities

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

PYYX transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
$0
Shares
-100,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
10 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
100,000
Exercise price
Footnotes
F1, F2, F3
PYYX transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+100,000
Change %
Price
$0.000000
Shares after
100,000
Date
10 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
100,000
Exercise price
Footnotes
F1, F2, F4
PYYX transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+70,000
Change %
Price
$0.000000
Shares after
70,000
Date
10 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
70,000
Exercise price
Footnotes
F1, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Pyxus International, Inc. common stock

Footnote F2

Reports the amendment to outstanding restricted stock units to extend the period by which the condition to vesting must be satisfied, revise the contingent events triggering vesting and provide for vesting upon the occurrence of certain events qualifying as a Change in Control, which amendments are deemed to effect a disposition of the outstanding restricted stock units and the re-grant of restricted stock units of the same amount having the amended terms. Such amendments were approved by the Compensation Committee of the Board of Directors of Pyxus International, Inc.

Footnote F3

The restricted stock units were awarded on November 1, 2021 and were fully earned for vesting, based on continued employment, through March 31, 2024, with vesting contingent upon Pyxus International, Inc.'s common stock being listed for trading on a securities exchange registered with the SEC under Section 6 of the Securities Exchange Act of 1934 or an approved foreign securities exchange.

Footnote F4

The restricted stock units were fully earned for vesting, based on continued employment, through March 31, 2024, with vesting contingent upon the earliest to occur (such earliest event to occur being referred to as the Vesting Event) of the following: (i) March 31, 2031; (ii) the occurrence of a Change in Control (as defined in the Pyxus International, Inc. Amended and Restated 2020 Incentive Plan) as a result of a merger, consolidation, share exchange or sale of all or substantially all of the assets of the Company; or (iii) Pyxus International, Inc.'s common stock being listed for trading on a securities exchange registered with the SEC under Section 6 of the Securities Exchange Act of 1934 or an approved foreign securities exchange.

Footnote F5

The restricted stock units were awarded on May 10, 2024 and are to be earned for vesting, subject to continued employment, in equal installments on May 10, 2025, March 31, 2026 and March 31, 2027, with vesting being further subject to the occurrence of the Vesting Event.

SEC remarks

Exhibit 24 - Power of Attorney

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