3//SEC Filing
Charah Preferred Stock Aggregator, LP 3
Accession 0000899243-20-009512
CIK 0001730346other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 4:05 PM ET
Size
13.8 KB
Accession
0000899243-20-009512
Insider Transaction Report
Form 3
Holdings
- (indirect: See Footnotes)
Series A Preferred Stock
Exercise: $2.77From: 2020-06-16→ Common Stock (9,386,282 underlying)
Holdings
- (indirect: See Footnotes)
Series A Preferred Stock
Exercise: $2.77From: 2020-06-16→ Common Stock (9,386,282 underlying)
Footnotes (4)
- [F1]Such reporting person will be deemed to beneficially own these securities on April 17, 2020 in accordance with that certain Preferred Stock Purchase Agreement (the "Purchase Agreement"), dated March 5, 2020, by and among Charah Solutions, Inc. (the "Issuer") and the purchaser parties thereto.
- [F2]The Series A Preferred Stock is perpetual and has no expiration date.
- [F3]Pursuant to the Purchase Agreement, the Reporting Persons purchased 26,000 shares of the Issuer's Series A Preferred Stock. The Series A Preferred Stock will be convertible at the option of the Reporting Persons at any time after June 16, 2020 into the amount of shares of common stock per share of Series A Preferred Stock (such rate, the "Conversion Rate") equal to the quotient of (i) the Liquidation Preference (as defined in the Series A Preferred Stock Certificate of Designations) in effect on the conversion date divided by (ii) $2.77 (if converted on June 14, 2020), subject to customary anti-dilution adjustments and customary provisions related to partial dividend periods.
- [F4]Reflects securities held directly or indirectly by Charah Preferred Stock Aggregator, LP ("Aggregator LP"). Charah Preferred Stock Aggregator GP, LLC ("Aggregator GP") is the general partners of Aggregator LP. Aggregator GP may be deemed to have an indirect pecuniary interest in the securities held directly by Aggregator LP. In accordance with Instruction 4(b)(iv), the entire amount of the securities held by Aggregator LP are reported herein. Each reporting person disclaims beneficial ownership of any securities that are not directly owned by such reporting person, except to the extent of their indirect pecuniary interest therein. Each reporting person disclaims beneficial ownership of any securities that are not directly owned by such reporting person, except to the extent of their indirect pecuniary interest therein.
Issuer
Charah Solutions, Inc.
CIK 0001730346
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001807280
Filing Metadata
- Form type
- 3
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 4:05 PM ET
- Size
- 13.8 KB