RAMMELT SUSAN GREENSPON (General Counsel, Sec. and Dir.) sold 21.2% of their position (75K shares) of SMILEDIRECTCLUB, INC. on the open market
Open‑market sale worth $1.13M — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 1/29/2021ACC: 0001775625-21-000017
DirectorOfficer· General Counsel, Sec. and Dir.
Since Sep 2019
-75K
Net shares
Net seller
$1.13M
Total sold
1
Open market trades
0B · 1S
3
Total transactions
75K acquired · 150K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+75K
Price / share
—
Trade value
—
% of position
26.9%
1/27/2021
278.47K→353.47K
Class A Common Stock
Direct
Shares
−75K
Price / share
$15.00
Trade value
$1.13M
% of position
21.2%
1/27/2021
353.47K→278.47K
Total
Net shares
+0.00
Net value
-$1.13M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 1/27/2021 | C · Conversion | +75K | — | — | 26.9% | 278.47K | 353.47K |
| Class A Common Stock Direct | 1/27/2021 | S · Sale | −75K | $15.00 | $1.13M | 21.2% | 353.47K | 278.47K |
| Total | +0.00 | -$1.13M | ||||||
Derivative Transactions1
SDC Financial Common Units
Direct
Converts to
Class A Common Stock
75K shares
Shares
−75K
Strike price
Held after
203.44K
Exercisable
—
1/27/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| SDC Financial Common Units Direct | Class A Common Stock75K shares | 1/27/2021 | C · Conversion | −75K | — | 203.44K |