4//SEC Filing
KROUSE RODGER R 4
Accession 0000899243-17-021969
CIK 0001579157other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 8:30 PM ET
Size
16.9 KB
Accession
0000899243-17-021969
Insider Transaction Report
Form 4
KROUSE RODGER R
10% Owner
Transactions
- Exercise of In-Money
Subscription Rights (Right to buy)
2017-09-08−594,684→ 0 total(indirect: See Footnotes)Exercise: $0.45From: 2017-08-15Exp: 2017-09-08→ Common Stock (881,390 underlying) - Exercise of In-Money
Subscription Rights (Right to buy)
2017-09-08−20,928,375→ 0 total(indirect: See Footnotes)Exercise: $0.45From: 2017-08-15Exp: 2017-09-08→ Common Stock (28,200,985 underlying) - Exercise of In-Money
Common Stock, par value $0.01
2017-09-08$0.45/sh+38,482,737$17,317,232→ 66,981,946 total(indirect: See Footnotes) - Exercise of In-Money
Subscription Rights (Right to buy)
2017-09-08−6,976,150→ 0 total(indirect: See Footnotes)Exercise: $0.45From: 2017-08-15Exp: 2017-09-08→ Common Stock (9,400,362 underlying) - Purchase
Common Stock, par value $0.01
2017-09-08$0.45/sh+17,831,247$8,024,061→ 84,813,193 total(indirect: See Footnotes)
Footnotes (6)
- [F1]Represents the exercise of subscription rights in the Vince Holding Corp. ("Vince") rights offering by Sun Cardinal, LLC ("Sun Cardinal"), SCSF Cardinal, LLC ("SCSF Cardinal") and SK Financial Services, LLC ("SK Financial"), with each right entitling the holder to purchase 1.3475 shares of Vince common stock, resulting in the purchase by Sun Cardinal of 28,200,985, by SCSF Cardinal of 9,400,362 and by SK Financial of 881,390 shares of Vince common stock, including pursuant to the exercise of over-subscription rights.
- [F2]Represents the purchase of 13,373,435 and 4,457,812 shares of Vince common stock by Sun Cardinal and SCSF Cardinal, respectively, pursuant to the rights offering backstop investment agreement by and among Vince, Sun Cardinal and SCSF Cardinal.
- [F3]49,129,360 of the reported shares are owned of record by Sun Cardinal and 16,376,512 of the reported shares are owned of record by SCSF Cardinal.
- [F4]62,502,795 of the reported shares are owned of record by Sun Cardinal and 20,834,324 of the reported shares are owned of record by SCSF Cardinal.
- [F5]1,476,074 of the reported shares are owned of record by SK Financial. SK Financial is jointly owned by Sun Capital Partners V, L.P. ("SCP V"), Sun Capital Securities Offshore Fund, Ltd. ("SCSF Offshore") and Sun Capital Securities Fund, L.P. ("SCSF LP"). Through a revocable trust, each of Messrs. Rodger R. Krouse and Marc J. Leder own fifty percent (50%) of Sun Capital Partners V, Ltd., which is the general partner of Sun Capital Advisors V, L.P., which is the general partner of SCP V. Each of Messrs. Krouse and Leder also controls, through his revocable trust, 50% of the membership interest in Sun Capital Securities, LLC, which in turn is the general partner of Sun Capital Securities Advisors, L.P., which is in turn the general partner of SCSF LP. SCP V owns all of the ownership interests in Sun Cardinal.
- [F6](Continued from footnote 5) SCSF Cardinal is jointly owned by SCSF Offshore and SCSF LP. As a result, Mr. Krouse may be deemed to have indirect beneficial ownership of the securities owned of record by Sun Cardinal, SCSF Cardinal and SK Financial. Mr. Krouse expressly disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.
Documents
Issuer
VINCE HOLDING CORP.
CIK 0001579157
Entity typeother
Related Parties
1- filerCIK 0001193057
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 8:30 PM ET
- Size
- 16.9 KB