4//SEC Filing
Star Atlantic Waste Holdings, L.P. 4
Accession 0000899243-18-012549
CIK 0001585790other
Filed
May 10, 8:00 PM ET
Accepted
May 11, 4:40 PM ET
Size
12.4 KB
Accession
0000899243-18-012549
Insider Transaction Report
Form 4
Star Atlantic GP, Inc.
10% Owner
Transactions
- Sale
Common Stock
2018-05-10$22.45/sh−11,987,453$269,118,320→ 0 total(indirect: See Footnote) - Sale
Common Stock
2018-03-13$22.40/sh−10,000,000$224,000,000→ 11,987,453 total(indirect: See Footnote)
Star Atlantic Waste Holdings, L.P.
10% Owner
Transactions
- Sale
Common Stock
2018-03-13$22.40/sh−10,000,000$224,000,000→ 11,987,453 total(indirect: See Footnote) - Sale
Common Stock
2018-05-10$22.45/sh−11,987,453$269,118,320→ 0 total(indirect: See Footnote)
Highstar Capital LP
10% Owner
Transactions
- Sale
Common Stock
2018-03-13$22.40/sh−10,000,000$224,000,000→ 11,987,453 total(indirect: See Footnote) - Sale
Common Stock
2018-05-10$22.45/sh−11,987,453$269,118,320→ 0 total(indirect: See Footnote)
Footnotes (4)
- [F1]This sale was made pursuant to an S-3 registration statement filed on November 16, 2017, and prospectus supplement dated March 8, 2018, to permit the resale of 10,000,000 shares of the Issuer's Common Stock in a secondary public offering. The shares were previously held by Star Atlantic GP Inc. ("Star Atlantic GP") and sold on March 13, 2018 for cash consideration of $22.40 per share, as previously reported in a Form 8-K filed by the Issuer on March 13, 2018.
- [F2]This Form 4 is filed jointly by Highstar Capital LP ("Highstar"), Star Atlantic GP and Star Atlantic Waste Holdings, L.P. ("Star Atlantic"). Highstar is a registered investment adviser. PineBridge Highstar (SPE) LLC serves as the general partner of Star Atlantic GP and has delegated management authority for Star Atlantic GP to Highstar. Highstar also serves as the investment manager for Star Atlantic. Star Atlantic is the direct holder of the Issuer's Common Stock reported in Table I.
- [F3]By virtue of the foregoing relationships, each of the Reporting Persons may be deemed to have voting and investment power over the Shares held of record by Star Atlantic and as a result may be deemed to have beneficial ownership of such Shares for purposes of Rule 13d-3 under the Exchange Act. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Exchange Act except to the extent of its pecuniary interest therein. Highstar is controlled by Christopher Lee, Bret Budenbender, Scott Litman, Emmett McCann and Andrew Nevin. These individuals expressly disclaim beneficial ownership of any of the Shares held of record by Star Atlantic. This report shall not be deemed an admission that the Reporting Persons or any other person named herein is a beneficial owner for purposes of Section 16 of the Exchange Act or for any other purpose.
- [F4]This sale was made pursuant to an S-3 registration statement filed on November 16, 2017, and prospectus supplement dated May 7, 2018, to permit the resale of 11,987,453 shares of the Issuer's Common Stock in a secondary public offering. The shares were previously held by Star Atlantic and sold on May 10, 2018, for cash consideration of $22.45 per share.
Documents
Issuer
Advanced Disposal Services, Inc.
CIK 0001585790
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001665485
Filing Metadata
- Form type
- 4
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 4:40 PM ET
- Size
- 12.4 KB