Stephen M. Cook - 14 Feb 2021 Form 4 Insider Report for Reservoir Media, Inc. (RSVR)

Role
Director
Signature
/s/ Golnar Khosrowshahi, as attorney-in-fact for Stephen M. Cook
Issuer symbol
RSVR
Transactions as of
14 Feb 2021
Net transactions value
+$304,226
Form type
4
Filing time
15 Feb 2022, 20:32:18 UTC
Next filing
28 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RSVR Common stock, $0.0001 par value Purchase $116,065 +16,510 +12% $7.03 158,736 14 Feb 2022 By BTCSJC Music LLC F1
transaction RSVR Common stock, $0.0001 par value Purchase $186,500 +25,000 +16% $7.46 183,736 15 Feb 2022 By BTCSJC Music LLC F2
holding RSVR Common stock, $0.0001 par value 873,435 14 Feb 2021 Direct

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 RSVR Warrants to purchase Common Stock Purchase $1,661 +1,510 $1.10 1,510 14 Feb 2022 Common Stock 1,510 $11.50 By BTCSJC Music LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person purchased 16,510 shares of common stock, par value $0.0001 per share (the "Common Stock"), of Reservoir Media, Inc. (the "Issuer") in multiple trades at prices ranging from $6.92 to $7.12 per share. The price reported above reflects the weighted average purchase price per share of the Common Stock. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares of the Common Stock purchased and prices at which the transactions were effected.
F2 The Reporting Person purchased 25,000 shares of Common Stock of the Issuer in multiple trades at prices ranging from $7.30 to $7.50 per share. The price reported above reflects the weighted average purchase price per share of the Common Stock. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares of the Common Stock purchased and prices at which the transactions were effected.
F3 The Reporting Person purchased 1,510 warrants, each whole warrant exercisable to purchase one share of the Common Stock at $11.50, in multiple trades at prices ranging from $1.09 to $1.12 per warrant. The price reported above reflects the weighted average purchase price per warrant. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of warrants and prices at which the transaction was effected.