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PYX Pyxus International Inc

2.91
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pyxus International Inc NYSE:PYX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.91 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

26/08/2020 6:25pm

Edgar (US Regulatory)


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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SHANNON MICHAEL EDWARD
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)
VP and Treasurer
(Last)          (First)          (Middle)

C/O OLD HOLDCO, INC., 8001 AERIAL CENTER PARKWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

8/24/2020
(Street)

MORRISVILLE, NC 27560
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 8/24/2020  J  876 (1)D$0.1067 (1)0 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (2) (2)8/24/2020  J     333  6/20/2018 (3) (3)Common Stock  (2) (2)0 (2)D  

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 "Bankruptcy Court") dated August 21, 2020 in the cases under Chapter 11 of the U.S. Bankruptcy Code of the Issuer (then known as Pyxus International, Inc.), Alliance One International, LLC, Alliance One North America, LLC, Alliance One Specialty Products, LLC and GSP 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 cancelled on August 24, 2020 by the Confirmation Order with no payment in respect of such rights.
(3) The restricted stock units were awarded on June 20, 2018 with scheduled vesting in equal annual installments on the first, second and third anniversaries of the date of grant.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
SHANNON MICHAEL EDWARD
C/O OLD HOLDCO, INC.
8001 AERIAL CENTER PARKWAY
MORRISVILLE, NC 27560


VP and Treasurer

Signatures
Laura D. Jones, ATTORNEY-IN-FACT8/26/2020
**Signature of Reporting PersonDate

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