Outdoor Holding CEO granted 20M stock warrants
Outdoor Holding Co reports that CEO and 10% owner Steven F. Urvan, through GDI Air III LLC, received two indirect warrant grants to buy common stock.
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Rhea-AI Filing Summary
Outdoor Holding Co reports that CEO and 10% owner Steven F. Urvan, through GDI Air III LLC, received two indirect warrant grants to buy common stock. One grant covers 13,000,000 warrants at an exercise price of $1.00 per share, exercisable from September 17, 2026 and expiring September 17, 2030. A second grant covers 7,000,000 warrants at $1.81 per share, exercisable from November 30, 2025 and expiring May 30, 2030. Urvan also reports 135,509 shares of common stock held directly and 17,222,857 shares held indirectly through UFO LLC. Footnotes state these interests are held via trust-owned entities and that Urvan disclaims beneficial ownership beyond his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Warrants (right to buy) F3 | 13,000,000 | $0.00 | $0.00 |
| Grant/Award | Warrants (right to buy) F3 | 7,000,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1, F2 | -- | -- | -- |
Footnotes (3)
- F1. Represents shares of common stock, par value $0.001 per share ("common stock"), of Outdoor Holding Company (the "Issuer") previously reported as directly held by Steven F. Urvan.
- F2. These shares of common stock are held by UFO LLC ("UFO"). UFO is a single-member limited liability company whose sole member is the 50 X 50 Trust, a Nevada irrevocable domestic asset protection trust of which Mr. Urvan is the grantor, investment trust adviser, and a discretionary beneficiary. Mr. Urvan serves as a manager of UFO and, in such capacity, has sole voting and dispositive power over the shares owned or controlled by UFO. Mr. Urvan may be deemed to beneficially own securities of the Issuer held by UFO. Mr. Urvan disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Urvan is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
- F3. These warrants to purchase shares of the Issuer's common stock are held by GDI Air III LLC ("GDI"), whose sole member is UFO. UFO is a single-member limited liability company whose sole member is the 50 X 50 Trust, a Nevada irrevocable domestic asset protection trust of which Mr. Urvan is the grantor, investment trust adviser, and a discretionary beneficiary. Mr. Urvan serves as a manager of UFO and, in such capacity, has sole voting and dispositive power over the shares owned or controlled by GDI. Each of UFO and Mr. Urvan may be deemed to beneficially own securities of the Issuer held by GDI. Mr. Urvan disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Urvan is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.
Key Figures
Key Terms
Warrants (right to buy) financial
indirect financial
beneficially own financial
disclaims beneficial ownership financial
irrevocable domestic asset protection trust financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did POWW CEO Steven F. Urvan report on this Form 4?
How many POWW warrants did Steven F. Urvan acquire and at what exercise prices?
When can the newly granted POWW warrants held by GDI Air III LLC be exercised?
What are Steven F. Urvan’s reported POWW common stock holdings after these transactions?
Does this POWW Form 4 indicate any planned trading under Rule 10b5-1?
AI-generated analysis. How Rhea-AI works. Not financial advice.