Lovell Minnick Partners LLC 4
4 · TriState Capital Holdings, Inc. · Filed May 25, 2018
Insider Transaction Report
Form 4
Lovell Minnick Partners LLC
10% Owner
Transactions
- Sale
Common Stock, no par value
2018-05-25$25.71/sh−1,521,535$39,118,665→ 1,852,158 total(indirect: By LLC) - Sale
Common Stock, no par value
2018-05-25$25.71/sh−678,465$17,443,335→ 825,891 total(indirect: By LLC)
Footnotes (5)
- [F1]Represents shares of TriState Capital Holdings, Inc.'s (the "Issuer") common stock sold in an underwritten secondary offering.
- [F2]Represents the sale price to the underwriters in the secondary offering of $25.71 per share.
- [F3]James E. Minnick is a member of the board of directors of the Issuer. Mr. Minnick is also the co-chairman of Lovell Minnick Partners LLC ("LMP"). LMP is the managing member of Fund III UGP LLC ("UGP"), which is the general partner of Lovell Minnick Equity Advisors III LP ("LMEA III"), which is, in turn, the general partner of Lovell Minnick Equity Partners III LP ("LMEP III"). LMEP III is the managing member of LM III TriState Holdings LLC ("LM III TSH"), which is the record holder of the reported shares. As a result, each of Mr. Minnick, LMP, UGP, LMEA III, LMEP III and LM III TSH may be deemed to share beneficial ownership of the reported shares.
- [F4]Mr. Minnick is a member of the board of directors of the Issuer. Mr. Minnick is also the co-chairman of LMP. LMP is the managing member of UGP, which is the general partner of LMEA III, which is, in turn, the general partner of Lovell Minnick Equity Partners III-A LP ("LMEP-A III"). LMEP III-A is the managing member of LM III-A TriState Holdings LLC ("LM III-A TSH"), which is the record holder of the reported shares. As a result, each of Mr. Minnick, LMP, UGP, LMEA III, LMEP-A III, and LM III-A TSH may be deemed to share beneficial ownership of the reported shares.
- [F5]Each of the foregoing persons in footnotes 3 and 4 expressly disclaims beneficial ownership of the reported shares except to the extent of its pecuniary interest therein.