0000950170-24-072157.txt : 20240611
0000950170-24-072157.hdr.sgml : 20240611
20240611193708
ACCESSION NUMBER: 0000950170-24-072157
CONFORMED SUBMISSION TYPE: 5
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230331
FILED AS OF DATE: 20240611
DATE AS OF CHANGE: 20240611
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Heppner Brad K
CENTRAL INDEX KEY: 0001776029
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 5
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41715
FILM NUMBER: 241037208
MAIL ADDRESS:
STREET 1: 325 N SAINT PAUL STREET
STREET 2: SUITE 1200
CITY: DALLAS
STATE: TX
ZIP: 75201
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Beneficient
CENTRAL INDEX KEY: 0001775734
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 721573705
STATE OF INCORPORATION: NV
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 325 N. SAINT PAUL STREET
STREET 2: SUITE 4850
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 2144454705
MAIL ADDRESS:
STREET 1: 325 N. SAINT PAUL STREET
STREET 2: SUITE 4850
CITY: DALLAS
STATE: TX
ZIP: 75201
FORMER COMPANY:
FORMER CONFORMED NAME: Beneficient Co Group, L.P.
DATE OF NAME CHANGE: 20190503
5
1
ownership.xml
5
X0508
5
2023-03-31
0
1
0001775734
Beneficient
BENF
0001776029
Heppner Brad K
325 N. SAINT PAUL STREET, SUITE 4850
DALLAS
TX
75201
true
true
false
false
See Remarks
false
Class A Common Stock
2023-07-15
4
A
false
2906
0
A
216123
D
Class A Common Stock
2023-07-15
4
A
false
2325
0
A
23938
D
The shares shown have been retroactively adjusted to reflect Beneficient's (the "Issuer") reverse stock split of its outstanding shares of Class A common stock, par value $0.001 per share ("Class A common stock"), and Class B common stock, par value $0.001 per share, on a 1-for-80 basis effected on April 18, 2024.
Includes 2,906 shares of Class A common stock issuable upon the settlement of an award of 2,906 restricted stock units ("RSUs") granted pursuant to Beneficient 2023 Equity Incentive Plan ("2023 Equity Incentive Plan") to Brad K. Heppner (the "Reporting Person") on July 15, 2023. Such award of RSUs to the Reporting Person vested 20% on September 1, 2023, and the remaining 80% in four equal annual installments on September 1st of each subsequent calendar year.
Includes 17,793 shares of Class A common stock issuable upon the settlement of an award of 14,235 restricted equity units ("REUs") granted to the Reporting Person pursuant to The Beneficient Company Group, L.P. 2018 Equity Incentive Plan ("2018 Equity Incentive Plan"). Such award of REUs to the Reporting Person fully vested on the date of grant, April 25, 2019.
Includes 235 shares of Class A common stock issuable upon settlement of an award of 188 REUs granted to the Reporting Person pursuant to the 2018 Equity Incentive Plan on April 25, 2019. Such award of REUs to the Reporting Person vested 25% on the date of grant, and the remaining 75% in three equal annual installments on April 25th of each subsequent calendar year.
Includes 679 Class A Shares issuable upon settlement of an award of 543 REUs granted to the Reporting Person pursuant to the 2018 Equity Incentive Plan on April 1, 2022. Such award of REUs to the Reporting Person shall vest 40% on June 8, 2023, and the remaining 60% in three equal annual installments on April 1st of each subsequent calendar year.
Includes 2,325 shares of Class A common stock of the Issuer issuable upon the settlement of an award of 2,325 RSUs granted pursuant to 2023 Equity Incentive Plan to the Reporting Person on July 15, 2023. Such award of RSUs to the Reporting Person fully vested on September 1, 2023.
Chief Executive Officer
/s/ David B. Rost Attorney-in-fact for Brad K. Heppner
2024-06-11