WALKER PAUL EDWARD purchased 129.0% of their position (2.50M shares) of TREVI THERAPEUTICS, INC. on the open market
Open‑market purchase worth $25.00M — a major conviction buy. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 5/13/2019ACC: 0001209191-19-029405
Director
Since May 2019
-12.66M
Net shares
Net seller
$25.00M
Total acquired
2
Open market trades
2B · 0S
4
Total transactions
4.44M acquired · 17.10M disposed
Non-Derivative Transactions3
Common Stock
Indirect
Shares
+1.94M
Price / share
—
Trade value
—
% of position
New position
5/9/2019
0.00→1.94M
Common Stock
Indirect
Shares
+1M
Price / share
$10.00
Trade value
$10M
% of position
51.6%
5/9/2019
1.94M→2.94M
Common Stock
Indirect
Shares
+1.50M
Price / share
$10.00
Trade value
$15M
% of position
51.0%
5/9/2019
2.94M→4.44M
Total
Net shares
+4.44M
Net value
$25M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 5/9/2019 | C · Conversion | +1.94M | — | — | New position | 0.00 | 1.94M |
| Common Stock Indirect | 5/9/2019 | P · Purchase | +1M | $10.00 | $10M | 51.6% | 1.94M | 2.94M |
| Common Stock Indirect | 5/9/2019 | P · Purchase | +1.50M | $10.00 | $15M | 51.0% | 2.94M | 4.44M |
| Total | +4.44M | $25M | ||||||
Derivative Transactions1
Series C Preferred Stock
Indirect
Converts to
Common Stock
1.94M shares
Shares
−17.10M
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 Indirect | Common Stock1.94M shares | 5/9/2019 | C · Conversion | −17.10M | — | 0.00 |