Glendon Capital Management LP - Jun 11, 2024 Form 4 Insider Report for PYXUS INTERNATIONAL, INC. (PYYX)

Role
Director, 10%+ Owner
Signature
Glendon Capital Management, L.P.; Haig Maghakian
Stock symbol
PYYX
Transactions as of
Jun 11, 2024
Transactions value $
$1,054,077
Form type
4
Date filed
6/13/2024, 12:27 PM
Previous filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PYYX Common Stock Purchase $1.05M +376K +4.74% $2.80 8.32M Jun 11, 2024 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are beneficially owned directly by Glendon Opportunities Fund, LP ("G1"), which holds 3,527,847 shares, Glendon Opportunities Fund II, LP ("G2"), which holds 3,708,935 shares, and certain other advisory clients of Glendon Capital Management LP ("GCM"), which hold less than 5% of the Issuer's common stock (collectively with G1 and G2, the "Glendon Investor"). GCM is the investment manager of the Glendon Investor, and has voting and dispositive power over the reported securities held directly by the Glendon Investor.

Remarks:

Jamie Ashton, a principal of GCM, is a director on the Issuer's board of directors designated by GCM on behalf of the Glendon Investor. As a result, the following persons may be deemed directors by deputization of the Issuer solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended: GCM, G1 and G2.