You seriously need to look closer at the changes in his shareholdings. The amount of Pref B he had drops and his common share ownership increases as a result of the conversions.
At one point he held over 60,000,000 common shares as a result….
And then he had NONE.
All told he sold 112,000,000 shares…when you calculate the total number of conversions he did.
It’s there in black and white.