ERIC SEMLER - 20 May 2021 Form 4 Insider Report for theMaven, Inc. (AREN)

Role
Director
Signature
/s/ Eric Semler
Issuer symbol
AREN
Transactions as of
20 May 2021
Transactions value $
$4,000,000
Form type
4
Filing time
09 Jul 2021, 17:05:36 UTC
Next filing
01 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AREN Common Stock Disposed to Issuer $0 -38,616 -70% $0 16,549 08 Jun 2021 Direct
transaction AREN Common Stock Purchase $4,000,000 +5,714,286 +38.1% $0.7* 20,714,286 20 May 2021 By TCS Capital Management, LLC F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

ERIC SEMLER is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Securities held directly by TCS Capital Management, LLC ("TCS Management"). Mr. Semler, as the managing member of TCS Management, may be deemed to beneficially own the securities held directly by TCS Management. Mr. Semler disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

Remarks:

Mr. Semler ceased to be a director of the Issuer on June 8, 2021.