4//SEC Filing
Sun Capital Securities, LLC 4
Accession 0000899243-17-021970
CIK 0001579157other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 8:31 PM ET
Size
19.2 KB
Accession
0000899243-17-021970
Insider Transaction Report
Form 4
Sun Capital Securities Advisors, LP
10% Owner
Transactions
- Exercise of In-Money
Subscription Rights (Right to buy)
2017-09-08−6,976,150→ 0 total(indirect: See Footnote)Exercise: $0.45From: 2017-08-15Exp: 2017-09-08→ Common Stock (9,400,362 underlying) - Exercise of In-Money
Common Stock, par value $0.01
2017-09-08$0.45/sh+10,281,752$4,626,788→ 17,852,586 total(indirect: See Footnote) - Exercise of In-Money
Subscription Rights (Right to buy)
2017-09-08−594,684→ 0 total(indirect: See Footnote)Exercise: $0.45From: 2017-08-15Exp: 2017-09-08→ Common Stock (881,389 underlying) - Purchase
Common Stock, par value $0.01
2017-09-08$0.45/sh+4,457,812$2,006,015→ 22,310,398 total(indirect: See Footnote)
Sun Capital Securities, LLC
10% Owner
Transactions
- Exercise of In-Money
Subscription Rights (Right to buy)
2017-09-08−6,976,150→ 0 total(indirect: See Footnote)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+4,457,812$2,006,015→ 22,310,398 total(indirect: See Footnote) - Exercise of In-Money
Common Stock, par value $0.01
2017-09-08$0.45/sh+10,281,752$4,626,788→ 17,852,586 total(indirect: See Footnote) - Exercise of In-Money
Subscription Rights (Right to buy)
2017-09-08−594,684→ 0 total(indirect: See Footnote)Exercise: $0.45From: 2017-08-15Exp: 2017-09-08→ Common Stock (881,389 underlying)
Transactions
- Purchase
Common Stock, par value $0.01
2017-09-08$0.45/sh+4,457,812$2,006,015→ 22,310,398 total(indirect: See Footnote) - Exercise of In-Money
Common Stock, par value $0.01
2017-09-08$0.45/sh+10,281,752$4,626,788→ 17,852,586 total(indirect: See Footnote) - Exercise of In-Money
Subscription Rights (Right to buy)
2017-09-08−6,976,150→ 0 total(indirect: See Footnote)Exercise: $0.45From: 2017-08-15Exp: 2017-09-08→ Common Stock (9,400,362 underlying) - Exercise of In-Money
Subscription Rights (Right to buy)
2017-09-08−594,684→ 0 total(indirect: See Footnote)Exercise: $0.45From: 2017-08-15Exp: 2017-09-08→ Common Stock (881,389 underlying)
SUN CAPITAL SECURITIES FUND L P
10% Owner
Transactions
- Exercise of In-Money
Common Stock, par value $0.01
2017-09-08$0.45/sh+10,281,752$4,626,788→ 17,852,586 total(indirect: See Footnote) - Purchase
Common Stock, par value $0.01
2017-09-08$0.45/sh+4,457,812$2,006,015→ 22,310,398 total(indirect: See Footnote) - Exercise of In-Money
Subscription Rights (Right to buy)
2017-09-08−594,684→ 0 total(indirect: See Footnote)Exercise: $0.45From: 2017-08-15Exp: 2017-09-08→ Common Stock (881,389 underlying) - Exercise of In-Money
Subscription Rights (Right to buy)
2017-09-08−6,976,150→ 0 total(indirect: See Footnote)Exercise: $0.45From: 2017-08-15Exp: 2017-09-08→ Common Stock (9,400,362 underlying)
Footnotes (5)
- [F1]Represents the exercise of subscription rights in the Vince Holding Corp. ("Vince") rights offering by 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 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 by SCSF Cardinal of 4,457,812 shares of Vince common stock pursuant to the rights offering backstop investment agreement by and among Vince, Sun Cardinal, LLC and SCSF Cardinal.
- [F3]16,376,512 of the reported shares are owned of record by SCSF Cardinal.
- [F4]20,834,324 of the reported shares are owned of record by SCSF Cardinal.
- [F5]SCSF Cardinal is jointly owned by Sun Capital Securities Offshore Fund, Ltd. ("SCSF Offshore") and Sun Capital Securities Fund, L.P. ("SCSF LP"). 1,476,074 of the reported shares are owned of record by SK Financial, which is jointly owned by SCSF Offshore, SCSF LP and Sun Capital Partners V, L.P. ("SCP V"). Sun Capital Securities, LLC ("SCSF LLC") is the general partner of Sun Capital Securities Advisors, L.P. ("SCSF Advisors"), which is in turn the general partner of SCSF LP. As a result, each of SCSF LLC, SCSF Advisors, SCSF LP and SCSF Offshore (collectively, the "Indirect Sun Owners") may be deemed to have indirect beneficial ownership of the securities owned of record by SCSF Cardinal and SK Financial. Each Indirect Sun Owner expressly disclaims beneficial ownership of any securities in which it does not have a pecuniary interest. The Form 4 for SCP V is filed separately.
Documents
Issuer
VINCE HOLDING CORP.
CIK 0001579157
Entity typeother
Related Parties
1- filerCIK 0001358622
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 8:31 PM ET
- Size
- 19.2 KB