{"transactions":[{"id":1819419,"issuer":{"id":7427,"kind":"organization","name":"Beneficient","symbol":"BENF"},"owners":[{"id":111001,"kind":"organization","name":"GWG Holdings, Inc.","position":1,"cik":"0001522690","reported_name":"GWG Holdings, Inc.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":111002,"kind":"organization","name":"GWG Life USA, LLC","position":2,"cik":"0001980661","reported_name":"GWG Life USA, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock, $0.001 par value","published_at":"2023-08-01T17:44:51.000Z","date":"2023-08-01","kind":"other","planned":false,"acquired":false,"shares":119975,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"By Subsidiary"},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On April 20, 2023, GWG Holdings, Inc. (the \"Company\") and certain of its subsidiaries (together with the Company, the \"Debtors\") filed a voluntary petition for reorganization under chapter 11 of title 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (the \"Bankruptcy Court\"). On June 20, 2023 the Court entered an order (the \"Confirmation Order\") confirming the Debtors' Further Modified Second Amended Joint Chapter 11 Plan (as subsequently further modified the \"Plan\"). On August 1, 2023 (the \"Effective Date\") the conditions to the effectiveness of the Plan were satisfied or waived."},{"field":"kind","element":"transactionCoding","label":"F2","text":"(Continued from footnote 1) On the Effective Date, pursuant to the terms of the Plan, all shares of Beneficient's Class A Common Stock owned by the Debtors were delivered to a liquidating trust or Mr. Jeffrey Stein, in each case as contemplated by the Plan. The sole purpose of the liquidating trust is to liquidate these assets with a view towards maximizing the value of such assets for the benefit of the beneficiaries of the liquidating trust. The Debtors received no cash proceeds or other property in exchange for the delivered shares."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On April 20, 2023, GWG Holdings, Inc. (the \"Company\") and certain of its subsidiaries (together with the Company, the \"Debtors\") filed a voluntary petition for reorganization under chapter 11 of title 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (the \"Bankruptcy Court\"). On June 20, 2023 the Court entered an order (the \"Confirmation Order\") confirming the Debtors' Further Modified Second Amended Joint Chapter 11 Plan (as subsequently further modified the \"Plan\"). On August 1, 2023 (the \"Effective Date\") the conditions to the effectiveness of the Plan were satisfied or waived."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"(Continued from footnote 1) On the Effective Date, pursuant to the terms of the Plan, all shares of Beneficient's Class A Common Stock owned by the Debtors were delivered to a liquidating trust or Mr. Jeffrey Stein, in each case as contemplated by the Plan. The sole purpose of the liquidating trust is to liquidate these assets with a view towards maximizing the value of such assets for the benefit of the beneficiaries of the liquidating trust. The Debtors received no cash proceeds or other property in exchange for the delivered shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"Shares were owned directly by GWG Life, LLC, which is a wholly owned subsidiary of GWG Holdings, Inc. As such, GWG Holdings, Inc. was an indirect beneficial owner of the reported securities."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0001213900-23-062051","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":3,"url":"https://www.sec.gov/Archives/edgar/data/1980661/000121390023062051/ownership.xml","form_type":"4"}},{"id":1819418,"issuer":{"id":7427,"kind":"organization","name":"Beneficient","symbol":"BENF"},"owners":[{"id":111001,"kind":"organization","name":"GWG Holdings, Inc.","position":1,"cik":"0001522690","reported_name":"GWG Holdings, Inc.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":111002,"kind":"organization","name":"GWG Life USA, LLC","position":2,"cik":"0001980661","reported_name":"GWG Life USA, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock, $0.001 par value","published_at":"2023-08-01T17:44:51.000Z","date":"2023-08-01","kind":"other","planned":false,"acquired":false,"shares":67100832,"price":0,"value":0.0,"ownership":{"direct":false,"nature":"By Subsidiary"},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On April 20, 2023, GWG Holdings, Inc. (the \"Company\") and certain of its subsidiaries (together with the Company, the \"Debtors\") filed a voluntary petition for reorganization under chapter 11 of title 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (the \"Bankruptcy Court\"). On June 20, 2023 the Court entered an order (the \"Confirmation Order\") confirming the Debtors' Further Modified Second Amended Joint Chapter 11 Plan (as subsequently further modified the \"Plan\"). On August 1, 2023 (the \"Effective Date\") the conditions to the effectiveness of the Plan were satisfied or waived."},{"field":"kind","element":"transactionCoding","label":"F2","text":"(Continued from footnote 1) On the Effective Date, pursuant to the terms of the Plan, all shares of Beneficient's Class A Common Stock owned by the Debtors were delivered to a liquidating trust or Mr. Jeffrey Stein, in each case as contemplated by the Plan. The sole purpose of the liquidating trust is to liquidate these assets with a view towards maximizing the value of such assets for the benefit of the beneficiaries of the liquidating trust. The Debtors received no cash proceeds or other property in exchange for the delivered shares."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On April 20, 2023, GWG Holdings, Inc. (the \"Company\") and certain of its subsidiaries (together with the Company, the \"Debtors\") filed a voluntary petition for reorganization under chapter 11 of title 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (the \"Bankruptcy Court\"). On June 20, 2023 the Court entered an order (the \"Confirmation Order\") confirming the Debtors' Further Modified Second Amended Joint Chapter 11 Plan (as subsequently further modified the \"Plan\"). On August 1, 2023 (the \"Effective Date\") the conditions to the effectiveness of the Plan were satisfied or waived."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"(Continued from footnote 1) On the Effective Date, pursuant to the terms of the Plan, all shares of Beneficient's Class A Common Stock owned by the Debtors were delivered to a liquidating trust or Mr. Jeffrey Stein, in each case as contemplated by the Plan. The sole purpose of the liquidating trust is to liquidate these assets with a view towards maximizing the value of such assets for the benefit of the beneficiaries of the liquidating trust. The Debtors received no cash proceeds or other property in exchange for the delivered shares."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Shares were owned directly by GWG Life USA, LLC, which is a wholly owned subsidiary of GWG Holdings, Inc. As such, GWG Holdings, Inc. was an indirect beneficial owner of the reported securities."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0001213900-23-062051","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1980661/000121390023062051/ownership.xml","form_type":"4"}},{"id":1819417,"issuer":{"id":7427,"kind":"organization","name":"Beneficient","symbol":"BENF"},"owners":[{"id":111001,"kind":"organization","name":"GWG Holdings, Inc.","position":1,"cik":"0001522690","reported_name":"GWG Holdings, Inc.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}},{"id":111002,"kind":"organization","name":"GWG Life USA, LLC","position":2,"cik":"0001980661","reported_name":"GWG Life USA, LLC","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock, $0.001 par value","published_at":"2023-08-01T17:44:51.000Z","date":"2023-08-01","kind":"other","planned":false,"acquired":false,"shares":102530680,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"On April 20, 2023, GWG Holdings, Inc. (the \"Company\") and certain of its subsidiaries (together with the Company, the \"Debtors\") filed a voluntary petition for reorganization under chapter 11 of title 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (the \"Bankruptcy Court\"). On June 20, 2023 the Court entered an order (the \"Confirmation Order\") confirming the Debtors' Further Modified Second Amended Joint Chapter 11 Plan (as subsequently further modified the \"Plan\"). On August 1, 2023 (the \"Effective Date\") the conditions to the effectiveness of the Plan were satisfied or waived."},{"field":"kind","element":"transactionCoding","label":"F2","text":"(Continued from footnote 1) On the Effective Date, pursuant to the terms of the Plan, all shares of Beneficient's Class A Common Stock owned by the Debtors were delivered to a liquidating trust or Mr. Jeffrey Stein, in each case as contemplated by the Plan. The sole purpose of the liquidating trust is to liquidate these assets with a view towards maximizing the value of such assets for the benefit of the beneficiaries of the liquidating trust. The Debtors received no cash proceeds or other property in exchange for the delivered shares."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On April 20, 2023, GWG Holdings, Inc. (the \"Company\") and certain of its subsidiaries (together with the Company, the \"Debtors\") filed a voluntary petition for reorganization under chapter 11 of title 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas (the \"Bankruptcy Court\"). On June 20, 2023 the Court entered an order (the \"Confirmation Order\") confirming the Debtors' Further Modified Second Amended Joint Chapter 11 Plan (as subsequently further modified the \"Plan\"). On August 1, 2023 (the \"Effective Date\") the conditions to the effectiveness of the Plan were satisfied or waived."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"(Continued from footnote 1) On the Effective Date, pursuant to the terms of the Plan, all shares of Beneficient's Class A Common Stock owned by the Debtors were delivered to a liquidating trust or Mr. Jeffrey Stein, in each case as contemplated by the Plan. The sole purpose of the liquidating trust is to liquidate these assets with a view towards maximizing the value of such assets for the benefit of the beneficiaries of the liquidating trust. The Debtors received no cash proceeds or other property in exchange for the delivered shares."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0001213900-23-062051","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1980661/000121390023062051/ownership.xml","form_type":"4"}},{"id":1831490,"issuer":{"id":7427,"kind":"organization","name":"Beneficient","symbol":"BENF"},"owners":[{"id":111001,"kind":"organization","name":"GWG Holdings, Inc.","position":1,"cik":"0001522690","reported_name":"GWG Holdings, Inc.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Preferred C-1 Unit of Beneficient Company Holdings, L.P.","published_at":"2023-07-11T16:36:42.000Z","date":"2023-07-07","kind":"other","planned":false,"acquired":false,"shares":119975,"ownership":{"direct":false,"nature":"By Subsidiary"},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Pursuant to a reclassification exempt under Rule 16b-7, the Preferred C-1 Units beneficially owned by the reporting person automatically converted to the Class A Common Stock on July 7, 2023 based on a conversion price per share equal to the lower of (i) the volume-weighted average trading price of the issuer's Class A common stock for the 20 trading days following June 7, 2023 (the \"VWAP Price\"); and (ii) $10.20. The VWAP Price was $4.65932 resulting in the issuance of 44,040,761 shares of Class A Common Stock."},{"field":"kind","element":"transactionCoding","label":"F1","text":"Pursuant to a reclassification exempt under Rule 16b-7, the Preferred C-1 Units beneficially owned by the reporting person automatically converted to the Class A Common Stock on July 7, 2023 based on a conversion price per share equal to the lower of (i) the volume-weighted average trading price of the issuer's Class A common stock for the 20 trading days following June 7, 2023 (the \"VWAP Price\"); and (ii) $10.20. The VWAP Price was $4.65932 resulting in the issuance of 44,040,761 shares of Class A Common Stock."},{"field":"shares","element":"transactionShares","label":"F7","text":"The capital account balance of the Preferred C-1 Units held by GWG Life, LLC prior to conversion was $559,000."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Pursuant to a reclassification exempt under Rule 16b-7, the Preferred C-1 Units beneficially owned by the reporting person automatically converted to the Class A Common Stock on July 7, 2023 based on a conversion price per share equal to the lower of (i) the volume-weighted average trading price of the issuer's Class A common stock for the 20 trading days following June 7, 2023 (the \"VWAP Price\"); and (ii) $10.20. The VWAP Price was $4.65932 resulting in the issuance of 44,040,761 shares of Class A Common Stock."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Preferred C-1 Units beneficially owned by the reporting person provide for automatic conversion to the Class A Common Stock on the business day after the VWAP Period. The \"VWAP Period\" is the period commencing on the first trading day after June 7, 2023 and ending on the 20th trading day after June 7, 2023. The Preferred C-1 Units did not have an expiration date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F6","text":"The Preferred C-1 Units beneficially owned by the reporting person provide for automatic conversion to the Class A Common Stock on the business day after the VWAP Period. The \"VWAP Period\" is the period commencing on the first trading day after June 7, 2023 and ending on the 20th trading day after June 7, 2023. The Preferred C-1 Units did not have an expiration date."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Securities are owned directly by GWG Life, LLC, which is a wholly owned subsidiary of GWG Holdings, Inc. As such, GWG Holdings, Inc. is an indirect beneficial owner of the reported securities. On June 7, 2023, the reporting person filed a Form 3 that inadvertently reported direct beneficial ownership of the reported securities described in this row."}],"balance_after":0,"derivative":{"exercise_price":10.2,"underlying":"Class A Common Stock, $0.001 par value","underlying_shares":119975},"source":{"system":"sec-edgar","filing":"0001213900-23-056223","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":5,"url":"https://www.sec.gov/Archives/edgar/data/1522690/000121390023056223/ownership.xml","form_type":"4"}},{"id":1831489,"issuer":{"id":7427,"kind":"organization","name":"Beneficient","symbol":"BENF"},"owners":[{"id":111001,"kind":"organization","name":"GWG Holdings, Inc.","position":1,"cik":"0001522690","reported_name":"GWG Holdings, Inc.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Preferred C-1 Unit of Beneficient Company Holdings, L.P.","published_at":"2023-07-11T16:36:42.000Z","date":"2023-07-07","kind":"other","planned":false,"acquired":false,"shares":43920786,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"Pursuant to a reclassification exempt under Rule 16b-7, the Preferred C-1 Units beneficially owned by the reporting person automatically converted to the Class A Common Stock on July 7, 2023 based on a conversion price per share equal to the lower of (i) the volume-weighted average trading price of the issuer's Class A common stock for the 20 trading days following June 7, 2023 (the \"VWAP Price\"); and (ii) $10.20. The VWAP Price was $4.65932 resulting in the issuance of 44,040,761 shares of Class A Common Stock."},{"field":"kind","element":"transactionCoding","label":"F1","text":"Pursuant to a reclassification exempt under Rule 16b-7, the Preferred C-1 Units beneficially owned by the reporting person automatically converted to the Class A Common Stock on July 7, 2023 based on a conversion price per share equal to the lower of (i) the volume-weighted average trading price of the issuer's Class A common stock for the 20 trading days following June 7, 2023 (the \"VWAP Price\"); and (ii) $10.20. The VWAP Price was $4.65932 resulting in the issuance of 44,040,761 shares of Class A Common Stock."},{"field":"shares","element":"transactionShares","label":"F5","text":"The capital account balance of the Preferred C-1 Units held by GWG Holdings, Inc. prior to conversion was $204,641,000."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"Pursuant to a reclassification exempt under Rule 16b-7, the Preferred C-1 Units beneficially owned by the reporting person automatically converted to the Class A Common Stock on July 7, 2023 based on a conversion price per share equal to the lower of (i) the volume-weighted average trading price of the issuer's Class A common stock for the 20 trading days following June 7, 2023 (the \"VWAP Price\"); and (ii) $10.20. The VWAP Price was $4.65932 resulting in the issuance of 44,040,761 shares of Class A Common Stock."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F6","text":"The Preferred C-1 Units beneficially owned by the reporting person provide for automatic conversion to the Class A Common Stock on the business day after the VWAP Period. The \"VWAP Period\" is the period commencing on the first trading day after June 7, 2023 and ending on the 20th trading day after June 7, 2023. The Preferred C-1 Units did not have an expiration date."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F6","text":"The Preferred C-1 Units beneficially owned by the reporting person provide for automatic conversion to the Class A Common Stock on the business day after the VWAP Period. The \"VWAP Period\" is the period commencing on the first trading day after June 7, 2023 and ending on the 20th trading day after June 7, 2023. The Preferred C-1 Units did not have an expiration date."}],"balance_after":0,"derivative":{"exercise_price":10.2,"underlying":"Class A Common Stock, $0.001 par value","underlying_shares":43920786},"source":{"system":"sec-edgar","filing":"0001213900-23-056223","document":"ownership.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":4,"url":"https://www.sec.gov/Archives/edgar/data/1522690/000121390023056223/ownership.xml","form_type":"4"}},{"id":1831488,"issuer":{"id":7427,"kind":"organization","name":"Beneficient","symbol":"BENF"},"owners":[{"id":111001,"kind":"organization","name":"GWG Holdings, Inc.","position":1,"cik":"0001522690","reported_name":"GWG Holdings, Inc.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock, $0.001 par value","published_at":"2023-07-11T16:36:42.000Z","date":"2023-07-07","kind":"other","planned":false,"acquired":true,"shares":119975,"price":4.6593,"value":558999.5175,"ownership":{"direct":false,"nature":"By Subsidiary"},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"Pursuant to a reclassification exempt under Rule 16b-7, the Preferred C-1 Units beneficially owned by the reporting person automatically converted to the Class A Common Stock on July 7, 2023 based on a conversion price per share equal to the lower of (i) the volume-weighted average trading price of the issuer's Class A common stock for the 20 trading days following June 7, 2023 (the \"VWAP Price\"); and (ii) $10.20. The VWAP Price was $4.65932 resulting in the issuance of 44,040,761 shares of Class A Common Stock."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Conversion price was $4.65932. Amount has been rounded as a result of electronic filing format."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F3","text":"Securities are owned directly by GWG Life, LLC, which is a wholly owned subsidiary of GWG Holdings, Inc. As such, GWG Holdings, Inc. is an indirect beneficial owner of the reported securities. On June 7, 2023, the reporting person filed a Form 3 that inadvertently reported direct beneficial ownership of the reported securities described in this row."}],"balance_after":119975,"source":{"system":"sec-edgar","filing":"0001213900-23-056223","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/1522690/000121390023056223/ownership.xml","form_type":"4"}},{"id":1831487,"issuer":{"id":7427,"kind":"organization","name":"Beneficient","symbol":"BENF"},"owners":[{"id":111001,"kind":"organization","name":"GWG Holdings, Inc.","position":1,"cik":"0001522690","reported_name":"GWG Holdings, Inc.","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Class A Common Stock, $0.001 par value","published_at":"2023-07-11T16:36:42.000Z","date":"2023-07-07","kind":"other","planned":false,"acquired":true,"shares":43920786,"price":4.6593,"value":204640118.2098,"ownership":{"direct":true},"footnotes":[{"field":"kind","element":"transactionCoding","label":"F1","text":"Pursuant to a reclassification exempt under Rule 16b-7, the Preferred C-1 Units beneficially owned by the reporting person automatically converted to the Class A Common Stock on July 7, 2023 based on a conversion price per share equal to the lower of (i) the volume-weighted average trading price of the issuer's Class A common stock for the 20 trading days following June 7, 2023 (the \"VWAP Price\"); and (ii) $10.20. The VWAP Price was $4.65932 resulting in the issuance of 44,040,761 shares of Class A Common Stock."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Conversion price was $4.65932. Amount has been rounded as a result of electronic filing format."}],"balance_after":102530679,"source":{"system":"sec-edgar","filing":"0001213900-23-056223","document":"ownership.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1522690/000121390023056223/ownership.xml","form_type":"4"}}]}