PURITAN PARTNERS LLC enters TRANSPORTATION & LOGISTICS SYSTEMS, INC. with 4.30M shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Direct Derivatives
Filed: 5/6/2020ACC: 0001553350-20-000399
10% Owner
Since Apr 2020
4.30M
Baseline shares
100% direct
4.30M
Direct ownership
1 position
222.22K
Derivative underlying
2 instruments
1
Security positions
All direct
Non-Derivative Holdings1
Common Stock
DirectShares owned4.30M
Total
4.30M direct4.30M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 4.30M | Direct |
| Total | 4.30M | 4.30M direct |
Derivative Holdings2
Original Issue Discount Senior Convertible Note
DirectUnderlying security
Common Stock
Underlying shares
N/A
Shares owned
N/A
Exercise price
2.50
Expiration
—
Exercise window
—
Common Stock Purchase Warrant
DirectUnderlying security
Common Stock
Underlying shares
222.22K
Shares owned
N/A
Exercise price
3.50
Expiration
—
Exercise window
—
Total
Underlying
222.22K
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Original Issue Discount Senior Convertible Note Direct | Common Stock | 2.50 | — | — | N/A | N/A |
| Common Stock Purchase Warrant Direct | Common Stock | 3.50 | — | — | 222.22K | N/A |
| Total | 222.22K | 0.00 | ||||