John Hasan Ruiz - 03 Jun 2022 Form 4 Insider Report for MSP Recovery, Inc. (LIFW)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Alexandra Plasencia as attorney-in-fact for John H. Ruiz
Issuer symbol
LIFW
Transactions as of
03 Jun 2022
Transactions value $
$504,995
Form type
4
Filing time
07 Jun 2022, 15:42:50 UTC
Previous filing
02 Jun 2022
Next filing
09 Jun 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LIFW Warrants (right to buy) Purchase $79K +75K +150% $1.05 125K 03 Jun 2022 Class A Common Stock 75K $11.50 Direct F1
transaction LIFW Warrants (right to buy) Purchase $426K +400K +320% $1.06 525K 06 Jun 2022 Class A Common Stock 400K $11.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Warrants to buy shares of Class A common stock were purchased in multiple transactions at prices ranging from $1.04 to $1.09 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder or the Securities and Exchange Commission upon request, full information regarding the number of warrants purchased at each separate price within the range.
F2 Warrants to buy shares of Class A common stock were purchased in multiple transactions at prices ranging from $.9701 to $1.20 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder or the Securities and Exchange Commission upon request, full information regarding the number of warrants purchased at each separate price within the range.