4//SEC Filing
FROHLICH PHIL 4
Accession 0000899243-20-012403
CIK 0001648428other
Filed
May 7, 8:00 PM ET
Accepted
May 8, 4:31 PM ET
Size
12.4 KB
Accession
0000899243-20-012403
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock, par value $0.01 per share
2020-05-06$0.29/sh−46,272$13,419→ 8,417,047 total(indirect: See Footnote) - Sale
Common Stock, par value $0.01 per share
2020-05-07$0.28/sh−572,054$160,175→ 7,844,993 total(indirect: See Footnote) - Sale
Common Stock, par value $0.01 per share
2020-05-07$0.27/sh−3,180$859→ 7,841,813 total(indirect: See Footnote)
FROHLICH PHIL
10% Owner
Transactions
- Sale
Common Stock, par value $0.01 per share
2020-05-06$0.29/sh−46,272$13,419→ 8,417,047 total(indirect: See Footnote) - Sale
Common Stock, par value $0.01 per share
2020-05-07$0.28/sh−572,054$160,175→ 7,844,993 total(indirect: See Footnote) - Sale
Common Stock, par value $0.01 per share
2020-05-07$0.27/sh−3,180$859→ 7,841,813 total(indirect: See Footnote)
Footnotes (2)
- [F1]The filing of this Form 4 shall not be construed as an admission that Prescott Group Capital Management, L.L.C. ("Prescott Capital") or Phil Frohlich, the managing member of Prescott Capital, is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Common Stock, par value $0.01 per share (the "Common Stock"), of Sequential Brands Group, Inc. (the "Issuer") held by Prescott Group Aggressive Small Cap Master Fund, G.P. (the "Master Fund") for the accounts of Prescott Group Aggressive Small Cap, L.P. and Prescott Group Aggressive Small Cap II, L.P. (together, the "Small Cap Funds"). Pursuant to Rule 16a-1, both Prescott Capital and Mr. Frohlich disclaim such beneficial ownership.
- [F2]This Form 4 relates to shares of Common Stock of the Issuer held in the account of the Master Fund, of which the Small Cap Funds are general partners. Prescott Capital serves as the general partner and investment manager of the Small Cap Funds and may direct the Small Cap Funds. The Master Fund holds the shares of Common Stock for the accounts of the Small Cap Funds. Prescott Capital receives a portion of the profits in the way of a capital allocation from, and owns a partnership interest in, the Small Cap Funds. Phil Frohlich reports the Common Stock held indirectly by Prescott Capital because, as the managing member of Prescott Capital at the time of purchase, he controlled the disposition and voting of the securities.
Issuer
Sequential Brands Group, Inc.
CIK 0001648428
Entity typeother
Related Parties
1- filerCIK 0001127429
Filing Metadata
- Form type
- 4
- Filed
- May 7, 8:00 PM ET
- Accepted
- May 8, 4:31 PM ET
- Size
- 12.4 KB