Statement of Changes in Beneficial Ownership (4)
March 15 2022 - 07:07PM
Edgar (US Regulatory)
FORM 4
[ ] Check this box if no longer subject to Section
16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * QVT Financial LP |
2. Issuer Name and Ticker or Trading
Symbol MP Materials Corp. / DE [ MP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director __X__
10% Owner
_____ Officer (give title
below) __X__
Other (specify below)
Director by Deputization |
(Last)
(First)
(Middle)
888 SEVENTH AVENUE, 27TH FLOOR |
3. Date of Earliest Transaction (MM/DD/YYYY)
3/11/2022
|
(Street)
NEW YORK, NY 10106
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Class A Common Stock |
3/11/2022 |
|
S |
|
50658 |
D |
$43.93 |
9003785 |
I (1) |
Held by Fourth Avenue FF Opportunities LP -
Series E (1) |
Class A Common Stock |
3/11/2022 |
|
S |
|
8295 |
D |
$43.93 |
1474468 |
I (1) |
Held by QVT Family Office Onshore
LP (1) |
Class A Common Stock |
3/11/2022 |
|
S |
|
41047 |
D |
$43.93 |
7295581 |
I (1) |
Held by Saratoga Park Ltd (1) |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Explanation of
Responses: |
(1) |
QVT Financial LP and its
general partner, QVT Financial GP LLC (together, "QVT"), may be
deemed to have beneficial ownership over the 17,773,834 Common
Shares held by Saratoga Park Ltd., QVT Family Office Onshore LP and
Fourth Avenue FF Opportunities LP - Series E. The filing of this
statement shall not be deemed an admission that QVT is the
beneficial owner of the securities reported herein for purposes of
Section 16 of the Securities Act of 1934, as amended, or otherwise.
QVT expressly disclaims beneficial ownership of the securities
reported herein except to the extent of its pecuniary interest
therein. Fourth Avenue Capital Partners GP LLC is the general
partner of Fourth Avenue FF Opportunities LP - Series E and may
also be deemed to have beneficial ownership over the Common Shares
held by Fourth Avenue FF Opportunities LP - Series E. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
QVT Financial LP
888 SEVENTH AVENUE, 27TH FLOOR
NEW YORK, NY 10106 |
X |
X |
|
Director by Deputization |
Signatures
|
/s/ Meg Eisner |
|
3/15/2022 |
**Signature of Reporting
Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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