Thryv Holdings, Inc. — Director's Dealing 2021

Mar 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Thryv Holdings, Inc. (THRY)
CIK: 0001556739
Period of Report: 2021-03-17

Reporting Person: Mudrick Capital Management, L.P. (N/A)
Reporting Person: Mudrick Jason (N/A)
Reporting Person: Mudrick Distressed Opportunity Fund Global, LP (N/A)
Reporting Person: Verto Direct Opportunity II, LP (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-17	Common Stock	S	200000	$18.67	Disposed	17466503	Indirect
2021-03-17	Common Stock	S	47475	$20.083	Disposed	17419028	Indirect
2021-03-18	Common Stock	S	58846	$20.414	Disposed	17360182	Indirect
2021-03-19	Common Stock	S	42811	$20.62	Disposed	17317371	Indirect

Footnotes

F1: This Form 4 is filed by the following Reporting Persons: Mudrick Capital Management, L.P. ("MCM"), Jason Mudrick, Mudrick Distressed Opportunity Fund Global, LP, and Verto Direct Opportunity II, LP.

F2: Mr. Mudrick is the sole member of Mudrick Capital Management, LLC, which is the general partner of MCM. MCM is the investment manager of the following entities: Mudrick Distressed Opportunity Fund Global, LP; Mudrick Distressed Opportunity Drawdown Fund, LP; Mudrick Distressed pportunity Drawdown Fund II, LP; Verto Direct Opportunity II, LP; Boston Patriot Batterymarch St LLC; Blackwell Partners LLC Series A; Mercer QIF Fund PLC; Trustees of Grinnell College; P Mudrick LTD; and Mudrick Distressed Opportunity Specialty Fund, LP. Mr. Mudrick is the managing member of Verto Direct Opportunity GP, LLC, which is the general partner of Verto Direct Opportunity II, LP. Each Reporting Person and each of the aforementioned entities disclaims beneficial ownership of any equity securities of the Issuer except to the extent of such person's or entity's pecuniary interest therein, if any.

F3: Represents shares of the Issuer's common stock ("Common Stock") sold in a privately negotiated transaction as follows: 18,211 by Blackwell Partners LLC Series A;1,24,009 by Boston Patriot Batterymarch St LLC; 11,282 by Mercer QIF Fund PLC; 21,084 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 21,000 by Mudrick Distressed Opportunity Drawdown Fund, LP; 46,573 by Mudrick Distressed Opportunity Fund Global, LP; 4,921 by Mudrick Distressed Opportunity Specialty Fund, LP; 4,545 by P Mudrick LTD; 6,728 by Trustees of Grinnell College; 1,488 by Verto Direct Opportunity GP, LLC; and 40,159 by Verto Direct Opportunity II, LP.

F4: Represents shares of Common Stock sold as follows: 4,323 by Blackwell Partners LLC Series A; 5,699 by Boston Patriot Batterymarch St LLC; 2,678 by Mercer QIF Fund PLC; 5,004 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 4,985 by Mudrick Distressed Opportunity Drawdown Fund, LP; 11,054 by Mudrick Distressed Opportunity Fund Global, LP; 1,169 by Mudrick Distressed Opportunity Specialty Fund, LP; 1,079 by P Mudrick LTD; 1,598 by Trustees of Grinnell College; 353 by Verto Direct Opportunity GP, LLC; and 9,533 by Verto Direct Opportunity II, LP.

F5: The Common Stock was sold in multiple transactions at prices ranging from $18.67 to $19.15, inclusive. The price reported is a weighted average price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range.

F6: Represents shares of Common Stock sold as follows: 5,358 by Blackwell Partners LLC Series A; 7,064 by Boston Patriot Batterymarch St LLC; 3,319 by Mercer QIF Fund PLC; 6,203 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 6,179 by Mudrick Distressed Opportunity Drawdown Fund, LP; 13,704 by Mudrick Distressed Opportunity Fund Global, LP; 1,448 by Mudrick Distressed Opportunity Specialty Fund, LP; 1,337 by P Mudrick LTD; 1,980 by Trustees of Grinnell College; 438 by Verto Direct Opportunity GP, LLC; and 11,816 by Verto Direct Opportunity II, LP.

F7: The Common Stock was sold in multiple transactions at prices ranging from $19.75 to $20.73, inclusive. The price reported is a weighted average price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range.

F8: Represents shares of Common Stock sold as follows: 3,898 by Blackwell Partners LLC Series A; 5,139 by Boston Patriot Batterymarch St LLC; 2,415 by Mercer QIF Fund PLC; 4,513 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 4,495 by Mudrick Distressed Opportunity Drawdown Fund, LP; 9,971 by Mudrick Distressed Opportunity Fund Global, LP; 1,053 by Mudrick Distressed Opportunity Specialty Fund, LP; 973 by P Mudrick LTD;1,440 by Trustees of Grinnell College; 318 by Verto Direct Opportunity GP, LLC; and 8,596 by Verto Direct Opportunity II, LP.

F9: The Common Stock was sold in multiple transactions at prices ranging from $20.50 to $20.87, inclusive. The price reported is a weighted average price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range.

F10: Represents shares of Common Stock held by the following entities following the transactions reported on this Form 4: 1,576,873 by Blackwell Partners LLC Series A; 2,078,864 by Boston Patriot Batterymarch St LLC; 976,871 by Mercer QIF Fund PLC; 1,825,561 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 1,818,330 by Mudrick Distressed Opportunity Drawdown Fund, LP; 4,032,551 by Mudrick Distressed Opportunity Fund Global, LP; 426,126 by Mudrick Distressed Opportunity Specialty Fund, LP; 393,519 by P Mudrick LTD; 582,593 by Trustees of Grinnell College; 128,825 by Verto Direct Opportunity GP, LLC; and 3,477,258 by Verto Direct Opportunity II, LP.