4//SEC Filing
PREMIER EXHIBITIONS, INC. 4
Accession 0000899243-15-010230
CIK 0000796764operating
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 7:11 PM ET
Size
10.9 KB
Accession
0000899243-15-010230
Insider Transaction Report
Form 4
Sellers Mark A
Director10% Owner
Transactions
- Other
Common Stock
2015-12-18$0.78/sh−1,543,018$1,203,554→ 0 total
Holdings
- 85,298
Common Stock
Sellers Capital Master Fund, Ltd.
Director10% Owner
Transactions
- Other
Common Stock
2015-12-18$0.78/sh−1,543,018$1,203,554→ 0 total
Holdings
- 85,298
Common Stock
Sellers Capital LLC
Director10% Owner
Transactions
- Other
Common Stock
2015-12-18$0.78/sh−1,543,018$1,203,554→ 0 total
Holdings
- 85,298
Common Stock
Footnotes (4)
- [F1]Distribution of shares by Sellers Capital Master Fund, Ltd. ("SCMF") to persons redeeming interests in SCMF's feeder funds (the "Distribution"). On November 5, 2015, Reporting Person Mark A. Sellers resigned from the Board of Directors of the Issuer, effective as of that date.
- [F2]The number of shares of Common Stock reported as beneficially owned on the Reporting Persons' most recent Form 4 was 15,430,179; however, on February 27, 2015, the Issuer effected a 1 for 10 reverse split of the Common Stock, resulting in the Reporting Persons beneficially owning 1,543,018 shares of Common Stock.
- [F3]Sellers Capital Master Fund, Ltd. is a Privately Offered Collective Investment vehicle that may be deemed the direct beneficial owner of the securities referred to herein. Sellers Capital LLC, is the investment manager of Sellers Capital Master Fund, Ltd. and Mark A. Sellers is the managing member of Sellers Capital LLC. Therefore, Mr. Sellers and Sellers Capital LLC may be considered indirect beneficial owners of the securities referred to herein. Sellers Capital Master Fund Ltd., Sellers Capital LLC and Mr. Sellers each disclaim beneficial ownership of the securities referred to herein except to the extent of their pecuniary interest therein. (See also Note 4.)
- [F4]As a result of the Distribution (Note 1, above), Reporting Person Mark A Sellers received 85,298 shares of Common Stock. As a result, his indirect beneficial ownership of these shares converted to sole direct beneficial ownership.
Documents
Issuer
PREMIER EXHIBITIONS, INC.
CIK 0000796764
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000796764
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 7:11 PM ET
- Size
- 10.9 KB