Filing Details

Accession Number:
0000950142-22-000734
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-02-15 18:28:36
Reporting Period:
2022-02-11
Accepted Time:
2022-02-15 18:28:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1824403 Reservoir Media Inc. RSVR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1501578 P. Ryan Taylor C/O Reservoir Media, Inc.
75 Varick Street, 9Th Floor
New York NY 10013
Yes No No Yes
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, $0.0001 Par Value Acquisiton 2022-02-11 55,518 $6.74 55,518 No 4 P Indirect By Richmond Hill Capital Partners, LP
Common Stock, $0.0001 Par Value Acquisiton 2022-02-14 2,923 $7.02 58,441 No 4 P Indirect By Richmond Hill Capital Partners, LP
Common Stock, $0.0001 Par Value Acquisiton 2022-02-11 129,543 $6.74 129,543 No 4 P Indirect By Essex Equity Joint Investment Vehicle, LLC
Common Stock, $0.0001 Par Value Acquisiton 2022-02-14 6,821 $7.02 136,364 No 4 P Indirect By Essex Equity Joint Investment Vehicle, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Richmond Hill Capital Partners, LP
No 4 P Indirect By Richmond Hill Capital Partners, LP
No 4 P Indirect By Essex Equity Joint Investment Vehicle, LLC
No 4 P Indirect By Essex Equity Joint Investment Vehicle, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.0001 Par Value 13,592,793 Indirect By ER Reservoir LLC
Footnotes
  1. The 55,518 shares of common stock, par value $0.0001 per share (the "Shares"), of Reservoir Media, Inc. (the "Issuer") reported on this Form 4 were purchased in multiple trades at prices ranging from $6.025 to $7.00 per Share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
  2. The amount of securities shown in this row is owned directly by Richmond Hill Capital Partners, LP ("RHCP"). Ryan P. Taylor is the managing member of the general partner of RHCP and the manager of the general partner of Richmond Hill Investment Co., LP, the investment adviser to RHCP, and may be deemed to be a beneficial owner of the Shares owned by RHCP. Mr. Taylor disclaims any beneficial ownership of any of the Issuer's securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, except to the extent of his pecuniary interest therein, and the inclusion of the Shares in this Report shall not be deemed an admission of beneficial ownership of the reported Shares for purposes of Section 16 of the Exchange Act, or for any other purpose.
  3. The 2,923 Shares reported on this Form 4 were purchased in multiple trades at prices ranging from $6.96 to $7.05 per Share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
  4. The 129,543 Shares reported on this Form 4 were purchased in multiple trades at prices ranging from $6.025 to $7.00 per Share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
  5. The amount of securities shown in this row is owned directly by Essex Equity Joint Investment Vehicle, LLC ("EEJIV"). Ryan P. Taylor owns an equity interest in an entity that may be deemed to have a pecuniary interest in the Shares owned by EEJIV and therefore may be deemed to be a beneficial owner of the Shares owned by EEJIV. Mr. Taylor disclaims any beneficial ownership of any of the Issuer's securities reported herein for purposes of Section 16 of the Exchange Act or otherwise, except to the extent of his pecuniary interest therein, and the inclusion of the Shares in this Report shall not be deemed an admission of beneficial ownership of the reported Shares for purposes of Section 16 of the Exchange Act, or for any other purpose.
  6. The 6,821 Shares reported on this Form 4 were purchased in multiple trades at prices ranging from $6.96 to $7.05 per Share. The price reported above reflects the weighted average purchase price per Share. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of Shares purchased and prices at which the transactions were effected.
  7. The amount of securities shown in this row is owned directly by ER Reservoir LLC (the "Fund"). Ryan P. Taylor is the manager of the general partner of a manager of the Fund and may be deemed to be a beneficial owner of the Shares owned by the Fund. The Fund received these securities in connection with the agreement and plan of merger, dated as of April 14, 2021, by and among Reservoir Media, Inc. (formerly known as Roth CH Acquisition II Co. ("RMI")), Roth CH II Merger Sub Corp. ("Merger Sub") and Reservoir Holdings, Inc. ("Reservoir"), pursuant to which Merger Sub merged with and into Reservoir, with Reservoir surviving the merger as a wholly-owned subsidiary of RMI (the "Business Combination"). The Fund received these Shares as consideration for the Business Combination. Mr. Taylor disclaims any beneficial ownership of any of the Issuer's securities reported herein for purposes of Section 16 of the Section 16 of the Exchange Act or otherwise, except to the extent (Cont'd in FN8)
  8. (Cont'd from FN7) of his pecuniary interest therein, and the inclusion of the Shares in this Report shall not be deemed an admission of beneficial ownership of the reported Shares for purposes of Section 16 of the Exchange Act, or for any other purpose.