Key facts
- This page summarizes Mayra C. Ruiz's Form 4 filing for MSP Recovery, Inc. (MSPR).
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 17 Dec 2024, 17:27.
Mayra C. Ruiz - 13 Dec 2024 Form 4 Insider Report for MSP Recovery, Inc. (MSPR)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- MSPR
- Reported as of
- 13 Dec 2024
- Net transaction value
- $0
- Reporting owner signature
- /s/ Mayra C. Ruiz
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Mayra C. Ruiz filed Form 4 for MSP Recovery, Inc. (MSPR) on 17 Dec 2024.
Change
- No earlier filing in this sequence is available for direct comparison.
- 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
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.
MSPR
transaction
Class A Common Stock
Sale
- Transaction value
- $0
- Shares
- -16,000
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 16,000
- Date
- 13 Dec 2024
- Ownership
- See footnote
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MSPR
transaction
Derivative
Up-C Units
Sale
- Transaction value
- $0
- Shares
- +1,012,123
- Change %
- +11245811%
- Price
- $0.000000
- Shares after
- 1,012,132
- Date
- 13 Dec 2024
- Ownership
- See footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,012,123
- Exercise price
- $0.000000
- Footnotes
- F4, F5, F6
MSPR
holding
Derivative
New Warrants [MSPRW]
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,354
- Date
- 13 Dec 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,354
- Exercise price
- $7187.50
- Footnotes
- F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
Effective December 13, 2024, pursuant to a marital settlement agreement, John H. Ruiz transferred all of his interest in Ruiz Group Holdings Limited, LLC to his ex-wife, Mayra C. Ruiz, which beneficially owned 16,000 shares of Class A Common Stock.
Footnote F2
Includes 16,000 shares of Class A Common Stock held by Ruiz Group Holdings Limited, LLC.
Footnote F3
Represents 16,000 shares of Class A Common Stock held by Ruiz Group Holdings Limited, LLC.
Footnote F4
Represents shares of Class A Common Stock issuable in respect of an equal number of Class B units (the "LLC Units") of Lionheart II Holdings,LLC, a wholly owned subsidiary of the Issuer ("Opco"), and shares of Class V common stock, par value $0.0001 per share ("Class V Common Stock," and together with an LLC Unit, an "Up-C Unit"), subject to the terms of the First Amended and Restated Limited Liability CompanyAgreement of Lionheart II Holdings, LLC (the "LLC Agreement"). Effective December 13, 2024, pursuant to a marital settlement agreement, Mayra C. Ruiz acquired from John H. Ruiz: (i) Ruiz Group Holdings Limited, LLC, which holds 692,123 Up-C Units; and (ii) 320,000 Up-C Units held by Jocral Family LLLP.
Footnote F5
Pursuant to the first amended and restated limited liability company agreement of Opco, dated as of May 23, 2022 (the "LLC Agreement"), the LLC Units have no expiration date and each LLC Unit, together with a share of Class V Common Stock, is exchangeable for one share of Class A Common Stock.
Footnote F6
Represents Up-C Units held as follows: (a) 692,123 Up-C Units by Ruiz Group Holdings Limited, LLC; and (b) 320,000 Up-C Units held by Mayra C. Ruiz, individually.
Footnote F7
1,354 shares of Class A common stock issuable upon the exercise of 846,000 warrants held by Mayra C. Ruiz to purchase shares of Class A Common Stock at $7,187.50 per share, which became exercisable on June 22, 2022 and expire on May 23, 2027, as disclosed in the Issuer's Current Report on Form 8-K filed on May 27, 2022 ("Closing 8-K").