Elliott Investment Management L.P. - Jan 19, 2024 Form 4 Insider Report for PEABODY ENERGY CORP (BTU)

Role
10%+ Owner
Signature
Elliott Investment Management L.P. /s/ Elliot Greenberg, Vice President
Stock symbol
BTU
Transactions as of
Jan 19, 2024
Transactions value $
-$50,487,000
Form type
4
Date filed
1/23/2024, 05:15 PM
Previous filing
Dec 21, 2023
Next filing
Sep 3, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTU Common Stock, par value $0.01 per share ("Common Stock") Exercise of in-the-money or at-the-money derivative security -$24.5M -1M -7.6% $24.50 12.2M Jan 19, 2024 See footnotes F1, F2
transaction BTU Common Stock Exercise of in-the-money or at-the-money derivative security -$26M -1M -8.22% $26.00 11.2M Jan 19, 2024 See footnotes F1, F2

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 BTU Call Options (obligation to sell) Exercise of in-the-money or at-the-money derivative security $0 -10K -100% $0.00* 0 Jan 19, 2024 Common Stock 1M $24.50 See footnotes F1, F2
transaction BTU Call Options (obligation to sell) Exercise of in-the-money or at-the-money derivative security $0 -10K -99.95% $0.00 5 Jan 19, 2024 Common Stock 1M $26.00 See footnotes F1, F2
transaction BTU Call Options (obligation to sell) Expiration of short derivative position $0 -5 -100% $0.00* 0 Jan 19, 2024 Common Stock 500 $26.00 See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Elliott Investment Management L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed by Elliott Investment Management L.P., a Delaware limited partnership ("EIM" or the "Reporting Person"), the investment manager of Elliott Associates, L.P., a Delaware limited partnership ("Elliott") and Elliott International, L.P., a Cayman Islands limited partnership ("Elliott International" and together with Elliott, the "Elliott Funds"), with respect to securities held by the Elliott Funds and/or their respective subsidiaries. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
F2 The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
F3 The Reporting Person has agreed to disgorge to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transaction reported herein.