Sec Form 4 Filing - Maple Rock Capital Partners Inc. @ Groupon, Inc. - 2022-06-09

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Maple Rock Capital Partners Inc.
2. Issuer Name and Ticker or Trading Symbol
Groupon, Inc. [ GRPN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
21 ST. CLAIR AVENUE EAST, SUITE 1100
3. Date of Earliest Transaction (MM/DD/YY)
06/09/2022
(Street)
TORONTO, A6M4T 1L9
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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
Common Stock 06/17/2022 P 44,149 A $ 14.822( 2 ) 2,454,849 I( 1 ) See footnote( 1 )
Common Stock 06/21/2022 P 171,851 A $ 15.409( 3 ) 2,626,700 I( 1 ) See footnote( 1 )
Common Stock 07/01/2022 P 50,000 A $ 10.8533( 4 ) 2,676,700 I( 1 ) See footnote( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Stock Option (Right to Buy) $ 25 06/09/2022 P 6,000 ( 5 ) 12/16/2022 Common Stock 600,000 $ 1.5196( 6 ) 13,700 I( 1 ) See footnote( 1 )
Stock Option (Right to Buy) $ 25 06/24/2022 P 1,300 ( 5 ) 12/16/2022 Common Stock 130,000 $ 1.3403( 7 ) 15,000 I( 1 ) See footnote( 1 )
Stock Option (Right to Buy) $ 25 07/15/2022 S 15,000 ( 5 ) 12/16/2022 Common Stock 1,500,000 $ 0.1307( 8 ) 0 I( 1 ) See footnote( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Maple Rock Capital Partners Inc.
21 ST. CLAIR AVENUE EAST
SUITE 1100
TORONTO, A6M4T 1L9
X
Majic Xavier
21 ST. CLAIR AVENUE EAST
SUITE 1100
TORONTO, A6M4T 1L9
X
Signatures
/s/ Maple Rock Capital Partners Inc., By: /s/ Stephen D. Lane, Chief Financial Officer 08/17/2022
Signature of Reporting Person Date
/s/ Xavier Majic 08/17/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares of Common Stock and stock options are held directly by Maple Rock Master Fund LP (the "Fund"). Maple Rock Capital Partners Inc. (the "Manager") serves as investment adviser to the Fund, and Xavier Majic is the Chief Investment Officer of the Manager.
( 2 )The price reported in Column 4 is a weighted average price. These shares of Common Stock were purchased in multiple transactions at prices ranging from $14.70 to $14.96, 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 purchased at each separate price within the ranges set forth in this footnote (2).
( 3 )The price reported in Column 4 is a weighted average price. These shares of Common Stock were purchased in multiple transactions at prices ranging from $15.13 to $15.835, 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 purchased at each separate price within the ranges set forth in this footnote (3).
( 4 )The price reported in Column 4 is a weighted average price. These shares of Common Stock were purchased in multiple transactions at prices ranging from $10.575 to $10.995, 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 purchased at each separate price within the ranges set forth in this footnote (4).
( 5 )These stock options were immediately exercisable.
( 6 )The price reported in Column 8 is a weighted average price. These stock options were purchased in multiple transactions at prices ranging from $1.35 to $1.60, 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 options purchased at each separate price within the ranges set forth in this footnote (6).
( 7 )The price reported in Column 8 is a weighted average price. These stock options were purchased in multiple transactions at prices ranging from $1.30 to $1.35, 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 options purchased at each separate price within the ranges set forth in this footnote (7).
( 8 )The price reported in Column 8 is a weighted average price. These stock options were sold in multiple transactions at prices ranging from $0.12 to $0.21, 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 options sold at each separate price within the ranges set forth in this footnote (8).

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