COHEN & COMPANY, LLC enters SHIFT TECHNOLOGIES, INC. with 375K shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Indirect Derivatives
Filed: 3/19/2019ACC: 0001213900-19-004490
10% Owner
Since Mar 2019
375K
Baseline shares
0.00
Direct ownership
0 positions
5.29M
Derivative underlying
3 instruments
1
Security positions
375K indirect
Non-Derivative Holdings1
Class A Common Stock
IndirectShares owned375K
Total
375K indirect375K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 375K | Indirect |
| Total | 375K | 375K indirect |
Derivative Holdings3
Class B Common Stock
IndirectUnderlying security
Class A Common Stock
Underlying shares
1.88M
Shares owned
N/A
Exercise price
Expiration
—
Exercise window
—
Warrants
IndirectUnderlying security
Class A Common Stock
Underlying shares
187.50K
Shares owned
N/A
Exercise price
11.50
Expiration
—
Exercise window
—
Class B Common Stock
IndirectUnderlying security
Class A Common Stock
Underlying shares
3.23M
Shares owned
N/A
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
5.29M
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Class B Common Stock Indirect | Class A Common Stock | — | — | 1.88M | N/A | |
| Warrants Indirect | Class A Common Stock | 11.50 | — | — | 187.50K | N/A |
| Class B Common Stock Indirect | Class A Common Stock | — | — | 3.23M | N/A | |
| Total | 5.29M | 0.00 | ||||