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Filing Details

Accession Number:
0001140361-18-035199
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-02 17:07:05
Reporting Period:
2018-07-31
Accepted Time:
2018-08-02 17:07:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
933136 Wmih Corp. WMIH Finance Services (6199) 911653725
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1081714 R Henry Kravis C/o Kohlberg Kravis Roberts & Co. L.p.
9 West 57Th Street, Suite 4200
New York NY 10019
No No No No
1081715 R George Roberts C/o Kohlberg Kravis Roberts & Co. L.p.
2800 Sand Hill Road, Suite 200
Menlo Park CA 94025
No No No No
1404912 Kkr & Co. Inc. C/o Kohlberg Kravis Roberts & Co. L.p.
9 West 57Th Street, Suite 4200
New York NY 10019
No No No No
1472694 Kkr Management Llc C/o Kohlberg Kravis Roberts & Co. L.p.
9 West 57Th Street, Suite 4200
New York NY 10019
No No No No
1472697 Ltd Gp Holdings Fund Kkr C/o Kohlberg Kravis Roberts & Co. L.p.
9 West 57Th Street, Suite 4200
New York NY 10019
No No No No
1472698 L.p. Holdings Fund Kkr C/o Kohlberg Kravis Roberts & Co. L.p.
9 West 57Th Street, Suite 4200
New York NY 10154
No No No No
1597770 Tagar Olson C/o Kohlberg Kravis Roberts & Co. L.p.
9 West 57Th Street, Suite 4200
New York NY 10019
No No No No
1708947 J Christopher Harrington C/o Kohlberg Kravis Roberts & Co. L.p.
9 West 57Th Street, Suite 4200
New York NY 10019
No No No No
1731113 Kkr Wand Holdings Corp C/o Kohlberg Kravis Roberts & Co. L.p.
9 West 57Th Street, Suite 4200
New York, NY 10019
No No No No
1743754 Kkr Group Holdings Corp. C/o Kohlberg Kravis Roberts & Co. L.p.
9 West 57Th Street, Suite 4200
New York NY 10019
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-07-31 148,148,148 $1.35 156,081,323 No 4 C Indirect See Footnotes
Common Stock Acquisiton 2018-07-31 21,197,619 $0.00 21,197,619 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See Footnotes
No 4 P Indirect See Footnotes
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Commonstock Series B Convertible Preferred Stock Disposition 2018-07-31 200,000 $0.00 148,148,148 $1.35
Commonstock Warrants Disposition 2018-07-31 30,700,000 $0.00 30,700,000 $1.32
Commonstock Warrants Disposition 2018-07-31 30,700,000 $0.00 30,700,000 $1.43
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Indirect
0 2019-01-30 No 4 S Indirect
0 2019-01-30 No 4 S Indirect
Footnotes
  1. On July 31, 2018, WMIH Corp. (the "Issuer"), Nationstar Mortgage Holdings Inc. ("Nationstar"), and Wand Merger Corporation, a wholly owned subsidiary of the Issuer ("Merger Sub"), completed the merger (the "Merger") under the Agreement and Plan of Merger, pursuant to which Nationstar merged with and into Merger Sub with Nationstar being the surviving entity in the Merger and a wholly owned subsidiary of the Issuer.
  2. Upon effectiveness of the Merger, pursuant to the terms of the Issuer's Amended and Restated Certificate of Incorporation (the "Amended Charter"), the 5.00% Series B Convertible Preferred Stock of the Issuer ("5% Series B Preferred Stock") automatically converted into a number of shares of the Issuer's common stock (the "Common Stock") equal to the $1,000 liquidation preference amount divided by the conversion price of $1.35 per share.
  3. Reflects the acquisition of pro rata dividends and a special distribution, pursuant to the terms of the Amended Charter, on the 5% Series B Preferred Stock exempt from Section 16 under Rule 16a-9 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
  4. Represents securities held directly by KKR Wand Investors Corporation. The sole directors and holders of voting stock of KKR Wand Investors Corporation are Tagar C. Olson and Christopher J. Harrington, each of which is an executive of Kohlberg Kravis Roberts & Co. L.P., which is an affiliate of KKR Fund Holdings L.P. KKR Wand Investors L.P. owns 100% of the economic interest in KKR Wand Investors Corporation. KKR Wand GP LLC is the general partner of KKR Wand Investors L.P. KKR Wand GP LLC is a wholly owned subsidiary of KKR Fund Holdings L.P. Each of KKR Wand Investors Corporation, KKR Wand Investors L.P. and KKR Wand GP LLC is filing a separate Form 3 to report their beneficial ownership over securities of the Issuer.
  5. Upon effectiveness of the Merger, KKR Wand Holdings Corporation exchanged the 61,400,000 warrants of the Issuer it held for 21,197,619 shares of Common Stock pursuant to the terms of a Warrant Exchange Agreement.
  6. Represents securities held directly by KKR Wand Holdings Corporation. The sole directors and holders of voting stock of KKR Wand Holdings Corporation are Tagar C. Olson and Christopher J. Harrington, each of which is an executive of Kohlberg Kravis Roberts & Co. L.P., which is an affiliate of KKR Fund Holdings L.P. KKR Fund Holdings L.P. owns 100% of the economic interest in KKR Wand Holdings Corporation.
  7. KKR Fund Holdings GP Limited is a general partner of KKR Fund Holdings L.P. KKR Group Holdings Corp. is a general partner of KKR Fund Holdings L.P. and the sole shareholder of KKR Fund Holdings GP Limited. KKR & Co. Inc. is the sole shareholder of KKR Group Holdings Corp. KKR Management LLC is the controlling shareholder of KKR & Co. Inc. Messrs. Henry R. Kravis and George R. Roberts are the designated members of KKR Management LLC.
  8. Each of the Reporting Persons may be deemed to be the beneficial owner of all or a portion of the securities reported herein. The filing of this statement shall not be deemed to be an admission that the Reporting Persons are subject to Section 16 of the Exchange Act or that, for purposes of Section 16 of the Exchange Act or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein, and the Reporting Persons disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
  9. The warrants were immediately exercisable.