Sec Form 4 Filing - Thomas Joel L @ PYXUS INTERNATIONAL, INC. - 2020-08-24

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
Thomas Joel L
2. Issuer Name and Ticker or Trading Symbol
PYXUS INTERNATIONAL, INC. [ PYXSQ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP - CFO
(Last) (First) (Middle)
C/O OLD HOLDCO, INC., 8001 AERIAL CENTER PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
08/24/2020
(Street)
MORRISVILLE, NC27560
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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 08/24/2020 J 18,029 ( 1 ) D $ 0.1067 ( 1 ) 0 D
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
Non-Qualified Stock Options Right to Buy ( 2 ) $ 60 08/24/2020 J 4,000 03/24/2011( 3 ) 03/24/2021 Common Stock ( 2 ) ( 2 ) 0 ( 2 ) D
Non-Qualified Stock Options Right to Buy ( 2 ) $ 60 08/24/2020 J 4,000 04/17/2012( 4 ) 04/17/2022 Common Stock ( 2 ) ( 2 ) 0 ( 2 ) D
Restricted Stock Unit ( 2 ) ( 2 ) 08/24/2020 J 2,083 06/13/2017( 5 ) ( 5 ) Common Stock ( 2 ) ( 2 ) 0 ( 2 ) D
Restricted Stock Unit ( 2 ) ( 2 ) 08/24/2020 J 4,166 06/20/2018( 6 ) ( 6 ) Common Stock ( 2 ) ( 2 ) 0 ( 2 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Thomas Joel L
C/O OLD HOLDCO, INC.
8001 AERIAL CENTER PARKWAY
MORRISVILLE, NC27560
EVP - CFO
Signatures
Laura D. Jones, ATTORNEY-IN-FACT 08/26/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )All such shares of common stock were cancelled on August 24.2020 by the order(the "Confirmation Order") of the U.S.Bankruptcy Court for the District of Delaware (the "BankruptcyCourt") dated August 21, 2020 in the cases under Chapter 11 ofthe U.S. Bankruptcy Code of the Issuer (then known as PyxusInternational, Inc.), Alliance One International, LLC, AllianceOne North America, LLC, Alliance One Specialty Products, LLC andGSP Properties, LLC being jointly administered under the caption"In re:Pyxus International, Inc., et al., Debtors" (Case No. 20-11570 (LSS)upon payment of $0.106698181 per share.
( 2 )All rights to acquire the Issuer's common stock were cancelledon August 24, 2020 by the Confirmation Order with no payment inrespect of such rights.
( 3 )The Non-Qualified Stock Options were awarded on March 24, 2011with scheduled vesting in equal installments on the first,second, third, fourth and fifth anniversaries of the date ofgrant.
( 4 )The Non-Qualified Stock Options were awarded on April 17, 2012with scheduled vesting in equal installments on the first,second, third, fourth and fifth anniversaries of the date ofgrant.
( 5 )The restricted stock units were awarded on June 13, 2017 withscheduled vesting in equal annual installments on the first,second and third anniversaries of the date of grant.
( 6 )The restricted stock units were awarded on June 20, 2018 withscheduled vesting in equal annual installments on the first,second and third anniversaries of the date of grant.

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