4//SEC Filing
KING LUTHER CAPITAL MANAGEMENT CORP 4
Accession 0000310051-23-000005
CIK 0000703604other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 7:17 AM ET
Size
22.8 KB
Accession
0000310051-23-000005
Insider Transaction Report
Form 4
KING LUTHER CAPITAL MANAGEMENT CORP
10% Owner
Transactions
- Other
Common Stock
2023-03-20+1,700,000→ 16,360,556 total(indirect: See footnotes)
LKCM Core Discipline, L.P.
10% Owner
Transactions
- Other
Common Stock
2023-03-20+1,700,000→ 16,360,556 total(indirect: See footnotes)
LKCM Headwater Investments II, L.P.
10% Owner
Transactions
- Other
Common Stock
2023-03-20+1,700,000→ 16,360,556 total(indirect: See footnotes)
Transactions
- Other
Common Stock
2023-03-20+1,700,000→ 16,360,556 total(indirect: See footnotes)
Transactions
- Other
Common Stock
2023-03-20+1,700,000→ 16,360,556 total(indirect: See footnotes)
LKCM Investment Partnership, L.P.
10% Owner
Transactions
- Other
Common Stock
2023-03-20+1,700,000→ 16,360,556 total(indirect: See footnotes)
LKCM Micro-Cap Partnership, L.P.
10% Owner
Transactions
- Other
Common Stock
2023-03-20+1,700,000→ 16,360,556 total(indirect: See footnotes)
LKCM Headwater Investments III, L.P.
10% Owner
Transactions
- Other
Common Stock
2023-03-20+1,700,000→ 16,360,556 total(indirect: See footnotes)
King Luther Jr
10% Owner
Transactions
- Other
Common Stock
2023-03-20+1,700,000→ 16,360,556 total(indirect: See footnotes)
King John Bryan
10% Owner
Transactions
- Other
Common Stock
2023-03-20+1,700,000→ 16,360,556 total(indirect: See footnotes)
Footnotes (6)
- [F1]On March 20, 2023, the Issuer issued (i) 700,000 shares of Common Stock to LKCM TE Investors, LLC (TestEquity Investors) pursuant to the terms of the earnout provisions of the Agreement and Plan of Merger, dated December 29, 2021, by and among TestEquity Investors, the Issuer and the other parties thereto, and (ii) 1,000,000 shares of Common Stock to 301 HW Opus Investors, LLC (Gexpro Investors) pursuant to the terms of the earnout provisions of the Agreement and Plan of Merger, dated December 29, 2021, by and among Gexpro Investors, the Issuer and the other parties thereto.
- [F2]Not applicable.
- [F3]This Form 4 is filed by Luther King Capital Management Corporation (LKCM), LKCM Private Discipline Master Fund, SPC (PDP), LKCM Investment Partnership, L.P. (LIP), LKCM Core Discipline, L.P. (Core), LKCM Micro-Cap Partnership, L.P. (Micro), LKCM Headwater Investments II, L.P. (HW2), LKCM Headwater II Sidecar Partnership, L.P. (Sidecar), Headwater Lawson Investors, LLC (HLI), LKCM Headwater Investments III, L.P. (HW3), TestEquity Investors, Gexpro Investors, J. Luther King, Jr. and J. Bryan King (Reporting Persons).
- [F4]LKCM Private Discipline Management, L.P. holds the management shares of PDP, and LKCM Alternative Management, LLC (PDP GP) is its general partner. LKCM Investment Partnership GP, LLC (LIP GP) is the general partner of LIP. LKCM Core Discipline Management, L.P. (Core GP) is the general partner of Core. LKCM Micro-Cap Management, L.P. (Micro GP) is the general partner of Micro. LKCM Headwater Investments II GP, L.P. (HW2 GP) is the general partner of HW2. LKCM Headwater II Sidecar Partnership GP, L.P. (Sidecar GP) is the general partner of Sidecar. LKCM Headwater Investments III GP, L.P. (HW3 GP) is the general partner of HW3. LKCM Headwater Investments GP, LLC (Ultimate GP) is the general partner of each of HW2 GP, Sidecar GP, and HW3 GP. HW2 and Sidecar are the beneficial owners of HLI and TestEquity Investors, and HW3 is the beneficial owner of Gexpro Investors.
- [F5]Includes (i) 1,699,871 shares held by PDP, (ii) 250,000 shares held by LIP, (iii) 26,827 shares held by Micro, (iv) 10,490 shares held by Core, (v) 1,761,494 shares held by HLI, (vi) 592,326 shares held by HW2, (vii) 8,000,000 shares held by Gexpro Investors, (viii) 4,000,000 shares held by TestEquity Investors, (ix) 2,500 shares held by a separately managed portfolio for which LKCM serves as investment manager, and (x) 17,048 shares held directly by J. Bryan King.
- [F6]Each of the Reporting Persons expressly disclaims membership in a group under the Securities Exchange Act of 1934, as amended, with respect to the securities reported herein, and this Form 4 shall not be an admission that any such Reporting Person is a member of such a group. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein, and this Form 4 shall not be deemed an admission that any such Reporting Person is the beneficial owner of such securities for purposes of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Documents
Issuer
Distribution Solutions Group, Inc.
CIK 0000703604
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0000310051
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 7:17 AM ET
- Size
- 22.8 KB