secwatch.observer — SEC 8-K summary
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Issuer:     CHART INDUSTRIES INC (GTLS)
CIK:        0000892553
Form:       8-K
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0001193125-24-264419
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Chart Industries terminates 2017 warrants linked to $258.75M convertible notes
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- Entered warrants unwind agreements on Nov 22, 2024 with Morgan Stanley, BofA, JPMorgan.
- Warrants originated from $258.75M principal of 1.00% Convertible Senior Subordinated Notes due 2024.
- Company will deliver common shares to counterparties based on Rule 10b-18 VWAP over a measurement period.
- Unwind agreements terminate all outstanding warrant transactions from 2017.
- Delivery amount per counterparty determined by an agreed pricing grid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/892553/000119312524264419/0001193125-24-264419-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/892553/000119312524264419/d905239d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-264419

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