Sec Form 4 Filing - Mudrick Capital Management, L.P. @ Thryv Holdings, Inc. - 2022-05-12

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
Mudrick Capital Management, L.P.
2. Issuer Name and Ticker or Trading Symbol
Thryv Holdings, Inc. [ THRY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Former Director
(Last) (First) (Middle)
527 MADISON AVENUE, 6TH FLOOR,
3. Date of Earliest Transaction (MM/DD/YY)
05/12/2022
(Street)
NEW YORK, NY10022
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 05/12/2022 S 600( 3 ) D $ 25.02( 4 ) 6,683,441( 5 ) I See Notes( 1 )( 2 )
Common Stock 05/12/2022 S 90,819( 6 ) D $ 24.14( 7 ) 6,592,622( 8 ) I See Notes( 1 )( 2 )
Common Stock 05/13/2022 S 360,071( 9 ) D $ 24.55( 10 ) 6,232,551( 11 ) I See Notes( 1 )( 2 )
Common Stock 05/16/2022 S 100,000( 12 ) D $ 24.6( 13 ) 6,132,551( 14 ) I See Notes( 1 )( 2 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Mudrick Capital Management, L.P.
527 MADISON AVENUE, 6TH FLOOR
NEW YORK, NY10022
X Former Director
Mudrick Jason
C/O MUDRICK CAPITAL MANAGEMENT, L.P.
527 MADISON AVENUE, 6TH FLOOR
NEW YORK, NY10022
X Former Director
Mudrick Distressed Opportunity Fund Global, LP
527 MADISON AVENUE, 6TH FLOOR
NEW YORK, NY10022
X Former Director
Verto Direct Opportunity II, LP
C/O MUDRICK CAPITAL MANAGEMENT, L.P.
527 MADISON AVENUE, 6TH FLOOR
NEW YORK, NY10022
X Former Director
Signatures
See Signatures Included in Exhibit 99.1 05/16/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This Form 4 is filed by the following Reporting Persons: Mudrick Capital Management, L.P. ("MCM"), Jason Mudrick, Mudrick Distressed Opportunity Fund Global, LP, and Verto Direct Opportunity II, LP.
( 2 )Mr. Mudrick is the sole member of Mudrick Capital Management, LLC, which is the general partner of MCM. MCM is the investment manager of the following entities: Mudrick Distressed Opportunity Fund Global, LP; Mudrick Distressed Opportunity Drawdown Fund II, LP; Verto Direct Opportunity II, LP; Boston Patriot Batterymarch St LLC; Blackwell Partners LLC Series A; and P Mudrick LTD. Mr. Mudrick is the managing member of Verto Direct Opportunity GP, LLC, which is the general partner of Verto Direct Opportunity II, LP. Each Reporting Person and each of the aforementioned entities disclaims beneficial ownership of any equity securities of the Issuer except to the extent of such person's or entity's pecuniary interest therein, if any.
( 3 )Represents shares of Common Stock sold by the following entities: 179 by Mudrick Distressed Opportunity Fund Global, LP; 70 by Blackwell Partners LLC Series A; 92 by Boston Patriot Batterymarch St LLC; 18 by P Mudrick Ltd.; 81 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 154 by Verto Direct Opportunity II, LP; and 6 by Verto Direct Opportunity GP, LLC (through Jason Mudrick to whom these shares were distributed in connection with the sale).
( 4 )The shares of Common Stock were sold in multiple transactions at prices ranging from $25.00 to $25.05, inclusive. The Reporting Persons undertake to provide to the Issuer, any securityholder or the Securities and Exchange Commission upon request, full information regarding the number shares sold at each separate price within the range.
( 5 )Represents shares of Common Stock directly held following the sale as follows: 1,996,472 by Mudrick Distressed Opportunity Fund Global, LP; 779,919 by Blackwell Partners LLC Series A; 1,027,963 by Boston Patriot Batterymarch St LLC; 197,241 by P Mudrick Ltd.; 901,360 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 1,716,879 by Verto Direct Opportunity II, LP; and 63,607 by Verto Direct Opportunity GP, LLC.
( 6 )Represents shares of Common Stock sold by the following entities: 27,130 by Mudrick Distressed Opportunity Fund Global, LP; 10,598 by Blackwell Partners LLC Series A; 13,969 by Boston Patriot Batterymarch St LLC; 2,680 by P Mudrick Ltd.; 12,248 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 23,330 by Verto Direct Opportunity II, LP; and 864 by Verto Direct Opportunity GP, LLC (through Jason Mudrick to whom these shares were distributed in connection with the sale).
( 7 )The shares of Common Stock were sold in multiple transactions at prices ranging from $23.75 to $24.55, inclusive. The Reporting Persons undertake to provide to the Issuer, any securityholder or the Securities and Exchange Commission upon request, full information regarding the number shares sold at each separate price within the range.
( 8 )Represents shares of Common Stock directly held following the sale as follows: 1,969,342 by Mudrick Distressed Opportunity Fund Global, LP; 769,321 by Blackwell Partners LLC Series A; 1,013,994 by Boston Patriot Batterymarch St LLC; 194,561 by P Mudrick Ltd.; 889,112 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 1,693,549 by Verto Direct Opportunity II, LP; and 62,743 by Verto Direct Opportunity GP, LLC.
( 9 )Represents shares of Common Stock sold by the following entities: 107,560 by Mudrick Distressed Opportunity Fund Global, LP; 42,018 by Blackwell Partners LLC Series A; 55,382 by Boston Patriot Batterymarch St LLC; 10,626 by P Mudrick Ltd.; 48,561 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 92,497 by Verto Direct Opportunity II, LP; and 3,427 by Verto Direct Opportunity GP, LLC. (through Jason Mudrick to whom these shares were distributed in connection with the sale).
( 10 )The shares of Common Stock were sold in multiple transactions at prices ranging from $24.50 to $25.00, inclusive. The Reporting Persons undertake to provide to the Issuer, any securityholder or the Securities and Exchange Commission upon request, full information regarding the number shares sold at each separate price within the range.
( 11 )Represents shares of Common Stock directly held following the sale as follows: 1,861,782 by Mudrick Distressed Opportunity Fund Global, LP; 727,303 by Blackwell Partners LLC Series A; 958,612 by Boston Patriot Batterymarch St LLC; 183,935 by P Mudrick Ltd.; 840,551 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 1,601,052 by Verto Direct Opportunity II, LP; and 59,316 by Verto Direct Opportunity GP, LLC
( 12 )Represents shares of Common Stock sold by the following entities: 29,872 by Mudrick Distressed Opportunity Fund Global, LP; 11,669 by Blackwell Partners LLC Series A; 15,381 by Boston Patriot Batterymarch St LLC; 2,951 by P Mudrick Ltd.; 13,486 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 25,689 by Verto Direct Opportunity II, LP; and 952 by Verto Direct Opportunity GP, LLC (through Jason Mudrick to whom these shares were distributed in connection with the sale).
( 13 )The shares of Common Stock were sold in multiple transactions at prices ranging from $24.20 to $25.03, inclusive. The Reporting Persons undertake to provide to the Issuer, any securityholder or the Securities and Exchange Commission upon request, full information regarding the number shares sold at each separate price within the range.
( 14 )Represents shares of Common Stock directly held following the sale as follows: 1,831,910 by Mudrick Distressed Opportunity Fund Global, LP; 715,634 by Blackwell Partners LLC Series A; 943,231 by Boston Patriot Batterymarch St LLC; 180,984 by P Mudrick Ltd.; 827,065 by Mudrick Distressed Opportunity Drawdown Fund II, LP; 1,575,363 by Verto Direct Opportunity II, LP; and 58,364 by Verto Direct Opportunity GP, LLC.

Remarks:
Exhibit 99.1 (Joint Filer Information) is incorporated herein by reference.

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