secwatch.observer — SEC 8-K summary
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Issuer:     RH (RH)
CIK:        0001528849
Form:       8-K
Filed at:   2022-04-13T23:59:59+00:00
Accession:  0001558370-22-005387
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RH repurchases 1.2M warrants for ~$137M, terminating related hedge positions
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- Terminated 1,200,000 warrants (600,000 of 2023 Note Warrants and 600,000 of 2024 Note Warrants).
- Aggregate cash purchase price ~$137M; settlement based on VWAP over measurement period.
- Counterparties include Goldman Sachs, UBS, JPMorgan, Citibank and affiliates.
- Notes and corresponding bond hedges for these warrants were previously repaid after early conversions.
- Company may pursue additional early terminations of remaining outstanding warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528849/000155837022005387/0001558370-22-005387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528849/000155837022005387/rh-20220407x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-005387

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