PARK WEST ASSET MANAGEMENT LLC purchased 37.0% of their position (397.50K shares) of PLX PHARMA WINDDOWN CORP. on the open market
Open‑market purchase worth $397.5K — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 12/31/2018ACC: 0000905718-18-001018
10% Owner
Since Dec 2018
+897.50K
Net shares
Net buyer
$397.5K
Total acquired
1
Open market trades
1B · 0S
2
Total transactions
897.50K acquired
Non-Derivative Transactions1
Common Stock, $0.001 par value per share
Indirect
Shares
+397.50K
Price / share
$1.00
Trade value
$397.50K
% of position
37.0%
12/27/2018
1.08M→1.47M
Total
Net shares
+397.50K
Net value
$397.50K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.001 par value per share Indirect | 12/27/2018 | P · Purchase | +397.50K | $1.00 | $397.50K | 37.0% | 1.08M | 1.47M |
| Total | +397.50K | $397.50K | ||||||
Derivative Transactions1
Warrants (right to buy)
Indirect
Converts to
Common Stock
500K shares
Shares
+500K
Strike price
3.5
Held after
500K
Exercisable
—
12/20/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrants (right to buy) Indirect | Common Stock500K shares | 12/20/2018 | P · Purchase | +500K | 3.5 | — | 500K |