Nell M. Blatherwick - 18 Nov 2021 Form 4 Insider Report for P10, Inc. (PX)

Signature
/s/William F. Souder, as Attorney-in-Fact for the Reporting Persons
Issuer symbol
PX
Transactions as of
18 Nov 2021
Transactions value $
-$9,681,408
Form type
4
Filing time
22 Nov 2021, 18:16:25 UTC
Previous filing
27 Oct 2021
Next filing
04 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PX Class A Common Stock Conversion of derivative security +40,053 40,053 18 Nov 2021 Direct F1, F2, F3, F4, F12
transaction PX Class A Common Stock Sale -$480,636 -40,053 -100% $12 0 18 Nov 2021 Direct F1, F4, F12
transaction PX Class A Common Stock Conversion of derivative security +168,795 168,795 18 Nov 2021 Direct F1, F2, F3, F5, F12
transaction PX Class A Common Stock Sale -$2,025,540 -168,795 -100% $12 0 18 Nov 2021 Direct F1, F5, F12
transaction PX Class A Common Stock Conversion of derivative security +168,795 168,795 18 Nov 2021 Direct F1, F2, F3, F6, F12
transaction PX Class A Common Stock Sale -$2,025,540 -168,795 -100% $12 0 18 Nov 2021 Direct F1, F6, F12
transaction PX Class A Common Stock Conversion of derivative security +168,795 168,795 18 Nov 2021 Direct F1, F2, F3, F7, F12
transaction PX Class A Common Stock Sale -$2,025,540 -168,795 -100% $12 0 18 Nov 2021 Direct F1, F7, F12
transaction PX Class A Common Stock Conversion of derivative security +111,577 111,577 18 Nov 2021 Direct F1, F2, F3, F8, F12
transaction PX Class A Common Stock Sale -$1,338,924 -111,577 -100% $12 0 18 Nov 2021 Direct F1, F8, F12
transaction PX Class A Common Stock Conversion of derivative security +54,358 54,358 18 Nov 2021 Direct F1, F2, F3, F9, F12
transaction PX Class A Common Stock Sale -$652,296 -54,358 -100% $12 0 18 Nov 2021 Direct F1, F9, F12
transaction PX Class A Common Stock Conversion of derivative security +54,358 54,358 18 Nov 2021 Direct F1, F2, F3, F10, F12
transaction PX Class A Common Stock Sale -$652,296 -54,358 -100% $12 0 18 Nov 2021 Direct F1, F10, F12
transaction PX Class A Common Stock Conversion of derivative security +40,053 40,053 18 Nov 2021 Direct F1, F2, F3, F11, F12
transaction PX Class A Common Stock Sale -$480,636 -40,053 -100% $12 0 18 Nov 2021 Direct F1, F11, F12

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 PX Class B Common Stock Conversion of derivative security -40,053 -3.8% 1,011,307 18 Nov 2021 Class A Common Stock 112,603 Direct F1, F2, F3, F4, F12
transaction PX Class B Common Stock Conversion of derivative security -168,795 -3.8% 4,261,939 18 Nov 2021 Class A Common Stock 474,540 Direct F1, F2, F3, F5, F12
transaction PX Class B Common Stock Conversion of derivative security -168,795 -3.8% 4,261,939 18 Nov 2021 Class A Common Stock 474,540 Direct F1, F2, F3, F6, F12
transaction PX Class B Common Stock Conversion of derivative security -168,795 -3.8% 4,261,939 18 Nov 2021 Class A Common Stock 474,540 Direct F1, F2, F3, F7, F12
transaction PX Class B Common Stock Conversion of derivative security -111,577 -3.8% 2,817,213 18 Nov 2021 Class A Common Stock 313,679 Direct F1, F2, F3, F8, F12
transaction PX Class B Common Stock Conversion of derivative security -54,358 -3.8% 1,372,489 18 Nov 2021 Class A Common Stock 152,818 Direct F1, F2, F3, F9, F12
transaction PX Class B Common Stock Conversion of derivative security -54,358 -3.8% 1,372,489 18 Nov 2021 Class A Common Stock 152,818 Direct F1, F2, F3, F10, F12
transaction PX Class B Common Stock Conversion of derivative security -40,053 -3.8% 1,011,307 18 Nov 2021 Class A Common Stock 112,603 Direct F1, F2, F3, F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed by (i) Nell M. Blatherwick, (ii) the Thomas P. Danis, Jr. Revocable Living Trust (the "Danis Trust"), (iii) Thomas P. Danis, as trustee of the Danis Trust, (iv) the Charles K. Huebner Trust (the "Huebner Trust"), (v) Charles K. Huebner, as trustee of the Huebner Trust, (vi) the Jon I. Madorsky Revocable Trust (the "Madorsky Trust"), (vii) Jon I. Madorsky, as trustee of the Madorsky Trust, (viii) David McCoy, (ix) Alexander Abell, (x) Michael Feinglass and (xi) Andrew Nelson (collectively, the "Reporting Persons"). The Reporting Persons are members of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's Common Stock. The securities reported herein do not include securities held by any group member other than the Reporting Persons, as such securities are being reported in separate Form 4 filings.
F2 Holders of Class B Common Stock may elect to convert such shares on a one-for-one basis into Class A Common Stock at any time. After a Sunset (as defined below) becomes effective, each share of Class B Common Stock will automatically convert into Class A Common Stock.
F3 Continued from Footnote 2: A "Sunset" is triggered by any of the earlier of the following: (i) the Sunset Holders (as defined in the amended and restated certificate of incorporation of the Issuer (the "Charter")) cease to maintain direct or indirect beneficial ownership of 10% of the outstanding shares of Class A Common Stock (determined assuming all outstanding shares of Class B Common Stock have been converted into Class A Common Stock), (ii) the Sunset Holders collectively cease to maintain direct or indirect beneficial ownership of at least 25% of the aggregate voting power of the outstanding shares of Common Stock, and (iii) upon the tenth anniversary of the effective date of the Charter. On November 18, 2021, each Reporting Person directed the sale of shares of Class B Common Stock, as reported herein, resulting in the automatic conversion of the shares into Class A Common Stock upon execution of the sale.
F4 Represents securities of the Issuer owned directly by Ms. Blatherwick.
F5 Represents securities of the Issuer beneficially owned by the Danis Trust and includes securities owned directly by Prism 2 LLC, of which Mr. Danis and his wife are co-managers and of which the Danis Trust is a member. Mr. Danis, as trustee of the Danis Trust, may be deemed to beneficially own the shares of Class B Common Stock beneficially owned by the Danis Trust.
F6 Represents securities of the Issuer owned directly by the Huebner Trust. Mr. Huebner, as trustee of the Huebner Trust, may be deemed to beneficially own the securities of the Issuer owned directly by Mr. Huebner.
F7 Represents securities of the Issuer owned directly by the Madorsky Trust. Mr. Madorsky, as the trustee of the Madorsky Trust, may be deemed to beneficially own the shares of Class B Common Stock owned directly by the Madorsky Trust.
F8 Represents securities of the Issuer owned directly by Mr. McCoy.
F9 Represents securities of the Issuer owned directly by Mr. Abell.
F10 Represents securities of the Issuer owned directly by Mr. Feinglass.
F11 Represents securities of the Issuer owned directly by Mr. Nelson.
F12 Each of the Reporting Persons disclaims beneficial ownership of the securities of the Issuer reported herein, except to the extent of his, her or its pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that the Reporting Persons are beneficial owners of the securities of the Issuer reported herein.