KING THEODORE WALKER CHENG-DE sold 36.0% of their position (4.76M shares) of AVAYA HOLDINGS CORP. on the open market

Open‑market sale worth $898.4K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 2 sales

KING THEODORE WALKER CHENG-DE

Filed: 12/20/2022ACC: 0000899243-22-039113

InsiderKING THEODORE WALKER CHENG-DECIK 1773585

→

IssuerAVAYA HOLDINGS CORP.CIK 1418100

10% Owner

Since Aug 2022

-4.76M

Net shares

Net seller

$898.4K

Total sold

Open market trades

0B · 2S

Total transactions

4.76M disposed

Non-Derivative Transactions2

Common Stock

Direct

S · Sale

−2.36M

Price / share

$0.20

Trade value

$464.07K

% of position

17.8%

12/16/2022

13.23M→10.87M

Common Stock

Direct

S · Sale

−2.41M

Price / share

$0.18

Trade value

$434.29K

% of position

22.1%

12/16/2022

10.87M→8.47M

Total

Net shares

−4.76M

Net value

-$898.36K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/16/2022	S · Sale	−2.36M	$0.20	$464.07K	17.8%	13.23M	10.87M
Common Stock Direct	12/16/2022	S · Sale	−2.41M	$0.18	$434.29K	22.1%	10.87M	8.47M
Total			−4.76M		-$898.36K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)5

2.25% Convertible Senior Notes due 2023

Direct

Underlying security

Common Stock

Underlying shares

18.01K

Shares owned

500K

Exercise price

27.76

Expiration

—

Exercise window

—

Put Option (obligation to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

50K

Exercise price

1.50

Expiration

—

Exercise window

—

2.25% Convertible Senior Notes due 2023

Direct

Underlying security

Common Stock

Underlying shares

36.02K

Shares owned

Exercise price

27.76

Expiration

—

Exercise window

—

2.25% Convertible Senior Notes due 2023

Direct

Underlying security

Common Stock

Underlying shares

36.02K

Shares owned

Exercise price

27.76

Expiration

—

Exercise window

—

2.25% Convertible Senior Notes due 2023

Direct

Underlying security

Common Stock

Underlying shares

22.26K

Shares owned

618K

Exercise price

27.76

Expiration

—

Exercise window

—

Total

Underlying

5.11M

Owned

3.17M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
2.25% Convertible Senior Notes due 2023 Direct	Common Stock	27.76	—	—	18.01K	500K
Put Option (obligation to buy) Direct	Common Stock	1.50	—	—	5M	50K
2.25% Convertible Senior Notes due 2023 Direct	Common Stock	27.76	—	—	36.02K	1M
2.25% Convertible Senior Notes due 2023 Direct	Common Stock	27.76	—	—	36.02K	1M
2.25% Convertible Senior Notes due 2023 Direct	Common Stock	27.76	—	—	22.26K	618K
Total					5.11M	3.17M