MELLON FAMILY INVESTMENT CO V purchased 40.5% of their position (100K shares) of TREVI THERAPEUTICS, INC. on the open market
Open‑market purchase worth $1.00M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 5/13/2019ACC: 0000899243-19-013260
10% Owner
Since May 2019
-1.56M
Net shares
Net seller
$1.00M
Total acquired
1
Open market trades
1B · 0S
4
Total transactions
347.16K acquired · 1.91M disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+222.82K
Price / share
—
Trade value
—
% of position
New position
5/9/2019
0.00→222.82K
Common Stock
Direct
Shares
+24.34K
Price / share
—
Trade value
—
% of position
10.9%
5/9/2019
222.82K→247.16K
Common Stock
Direct
Shares
+100K
Price / share
$10.00
Trade value
$1M
% of position
40.5%
5/9/2019
247.16K→347.16K
Total
Net shares
+347.16K
Net value
$1M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/9/2019 | C · Conversion | +222.82K | — | — | New position | 0.00 | 222.82K |
| Common Stock Direct | 5/9/2019 | J · J | +24.34K | — | — | 10.9% | 222.82K | 247.16K |
| Common Stock Direct | 5/9/2019 | P · Purchase | +100K | $10.00 | $1M | 40.5% | 247.16K | 347.16K |
| Total | +347.16K | $1M | ||||||
Derivative Transactions1
Series C Preferred Stock
Direct
Converts to
Common Stock
222.82K shares
Shares
−1.91M
Strike price
Held after
0.00
Exercisable
—
5/9/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series C Preferred Stock Direct | Common Stock222.82K shares | 5/9/2019 | C · Conversion | −1.91M | — | 0.00 |