Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GDRX | Class A Common Stock | Conversion of derivative security | +7M | 7M | Mar 21, 2025 | Direct | F1, F2 | |||
transaction | GDRX | Class A Common Stock | Disposed to Issuer | -$29.4M | -7M | -100% | $4.20 | 0 | Mar 21, 2025 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GDRX | Class B Common Stock | Conversion of derivative security | $0 | -7M | -13.95% | $0.00 | 43.2M | Mar 21, 2025 | Class A Common Stock | 7M | Direct | F2 |
Id | Content |
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F1 | On March 21, 2025, the Issuer purchased 7,000,000 shares of Class A common stock from Idea Men, LLC (the "Selling Stockholder") for an aggregate price of $29,400,000 pursuant to the Stock Purchase Agreement dated March 16, 2025 (the "Repurchase"). In connection with the Repurchase, the Selling Stockholder is converting 7,000,000 shares of Class B common stock into Class A common stock on a one-for-one basis. |
F2 | Each share of Class B common stock is convertible at any time at the option of the holder into one share of the Issuer's Class A common stock or upon the earliest to occur of (1) the first date on which the aggregate number of outstanding shares of Class B common stock ceases to represent at least 10% of the then-outstanding shares of common stock, (2) the transfer of such share of Class B common stock, other than certain permitted transfers, or (3) September 25, 2027. |