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COMSCORE, INC. — Director's Dealing 2024
Jul 26, 2024
34642_dirs_2024-07-26_b72c252c-4651-4181-beb2-04642865cd52.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COMSCORE, INC. (SCOR)
CIK: 0001158172
Period of Report: 2024-07-24
Reporting Person: Liberty Broadband Corp (Director, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-24 | Series B Convertible Preferred Stock | $ | A | 4419098 | Acquired | Common Stock (220954) | Direct |
Footnotes
F1: The shares of Common Stock reported herein are underlying 4,419,098 shares of Series B Convertible Preferred Stock acquired by the Reporting Person in exchange for cancellation of the Issuer's obligation to pay accrued dividends totaling approximately $10.9 million to the Reporting Person for annual dividend periods ended in 2023 and 2024. Subject to certain antidilution adjustments and customary provisions related to partial dividend periods, the Series B Convertible Preferred Stock is convertible at the option of the holders at any time into a number of shares of Common Stock equal to the Conversion Rate (as defined in the Certificate of Designations for the Series B Convertible Preferred Stock), which was originally one-to-one, but was approximately 0.050 as of July 24, 2024.
F2: As of July 24, 2024, the shares of Series B Convertible Preferred Stock reported herein were convertible into 220,954 shares of Common Stock. The Conversion Rate will continue to adjust to the extent there are accrued but unpaid dividends. Each holder of Series B Convertible Preferred Stock will receive cash in lieu of fractional shares (if any). The Series B Convertible Preferred Stock has no expiration date.