TOBI III SPE I LLC reported 1 transaction at VELOCITY FINANCIAL, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 10/12/2021ACC: 0000899243-21-039844
10% Owner
Since Jan 2020
+6.47M
Net shares
Net buyer
$25.00M
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
6.49M acquired · 25K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+6.49M
Price / share
$3.85
Trade value
$25M
% of position
145.3%
10/8/2021
4.47M→10.96M
Total
Net shares
+6.49M
Net value
$25M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/8/2021 | C · Conversion | +6.49M | $3.85 | $25M | 145.3% | 4.47M | 10.96M |
| Total | +6.49M | $25M | ||||||
Derivative Transactions1
Series A Convertible Preferred Stock
Direct
Converts to
Common Stock
6.49M shares
Shares
−25K
Strike price
3.85
Held after
0.00
Exercisable
—
10/8/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred Stock Direct | Common Stock6.49M shares | 10/8/2021 | C · Conversion | −25K | 3.85 | — | 0.00 |