secwatch.observer — SEC 8-K summary
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Issuer:     RH (RH)
CIK:        0001528849
Form:       8-K
Filed at:   2022-04-18T23:59:59+00:00
Accession:  0001104659-22-046630
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RH terminates all warrants and hedges, repurchases $180M in convertible notes
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- Terminates all outstanding note warrants (2.19M total) and all convertible note hedges for cash.
- Repurchases $45M of 0% 2023 notes and $135M of 0% 2024 notes via private negotiations.
- Total estimated net cash outlay for all transactions is approximately $490 million.
- Settlement prices linked to RH common stock trading price over measurement periods; counterparties may adjust hedges.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528849/000110465922046630/0001104659-22-046630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528849/000110465922046630/tm2212856d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-046630

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer