Filing Details

Accession Number:
0000902664-23-000069
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-06 14:01:35
Reporting Period:
2022-10-03
Accepted Time:
2023-01-06 14:01:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1818089 Bluescape Opportunities Acquisition Corp. BOAC () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1014894 Brahman Capital Corp. 655 Third Avenue
11Th Floor
New York NY 10017
No No Yes No
1960912 Andrew Mitchell Kuflik 655 Third Avenue, 11Th Floor
New York NY 10017
No No Yes No
1960919 Joseph Robert Sobel 655 Third Avenue, 11Th Floor
New York NY 10017
No No Yes No
1961249 Brahman Management, L.l.c. 655 Third Avenue, 11Th Floor
New York NY 10017
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Ordinary Shares Disposition 2022-10-03 66,275 $9.84 1,319,626 No 4 S Indirect See footnotes
Class A Ordinary Shares Disposition 2022-12-21 18,474 $9.76 1,301,152 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Ordinary Shares Equity Swaps (obligation to buy) Disposition 2022-12-21 1 $0.00 351,987 $11.32
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
945,281 2023-01-31 Yes 4 J Indirect
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.85 to $9.93, inclusive. 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 sold at each separate price within the range set forth herein.
  2. Brahman Capital Corp. serves as investment manager to a number of investment funds (including Brahman Partners II, L.P., Brahman Partners III, L.P., Brahman Partners II Offshore, Ltd., Brahman Partners IV, L.P. and Brahman Partners IV Offshore, Ltd., collectively, the "Brahman Funds") with respect to which it has voting and dispositive authority over the Common Stock reported in this Form 3. Robert J. Sobel and Mitchell A. Kuflik are executive officers and directors of Brahman Capital Corp. and have the ability to control the decisions of Brahman Capital Corp. with respect to the assets of such investment funds.
  3. Brahman Management, L.L.C. is the general partner of the Brahman Partners II, L.P., Brahman Partners III, L.P., and Brahman Partners IV, L.P. Robert J. Sobel and Mitchell A. Kuflik are the managing members of Brahman Management, L.L.C. and have the ability to control the decisions of Brahman Management, L.L.C. with respect to the assets of such investment funds.
  4. None of Brahman Capital Corp., Brahman Management, L.L.C., Robert J. Sobel or Mitchell A. Kuflik directly owns any shares of Common Stock. Each of Brahman Capital Corp. Robert J. Sobel and Mitchell A. Kuflik may be deemed to beneficially own 1,301,152 shares of Common Stock, which represents approximately 17.58% of the outstanding shares of Common Stock. Brahman Management, L.L.C. may be deemed to beneficially own 1,092,049 shares of Common Stock, which represents approximately 14.76% of the outstanding shares of Common Stock. Each of Brahman Capital Corp., Brahman Management, L.L.C., Robert J. Sobel and Mitchell A. Kuflik disclaims any beneficial ownership of the shares of the securities included in this report to the extent such beneficial ownership exceeds such person's pecuniary interest.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.71 to $9.91, inclusive. 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 sold at each separate price within the range set forth herein.
  6. Settlement of cash settled equity swaps. The cash settled equity swaps were settled pursuant to their terms. The swaps were able to be settled at any time. The notional shares settled under the swap contracts were settled at a settlement price of $9.8292.
  7. Cash-settled equity swap. Swaps are not counted for purposes of determining 10% beneficial ownership. These contracts do not give the Reporting Persons direct or indirect voting, investment or dispositive control over any securities of the Issuer and do not require the counterparties thereto to acquire, hold, vote or dispose of any securities of the Issuer. Accordingly, the Reporting Persons disclaim any beneficial ownership in securities that may be referenced in such contracts or that may be held from time to time by any counterparties to the contracts.