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4//SEC Filing

TOWN SPORTS INTERNATIONAL HOLDINGS INC 4

Accession 0000904454-15-000801

CIK 0001281774operating

Filed

Dec 20, 7:00 PM ET

Accepted

Dec 21, 6:29 PM ET

Size

13.9 KB

Accession

0000904454-15-000801

Insider Transaction Report

Form 4
Period: 2015-12-17
Transactions
  • Purchase

    Common Stock, par value $0.001

    2015-12-18$1.30/sh+89,000$115,7004,000,000 total(indirect: By HG Vora Special Opportunities Master Fund, Ltd.)
  • Purchase

    Common Stock, par value $0.001

    2015-12-17$1.31/sh+36,000$47,1603,911,000 total(indirect: By HG Vora Special Opportunities Master Fund, Ltd.)
  • Purchase

    Common Stock, par value $0.001

    2015-12-21$1.33/sh+125,000$166,2504,125,000 total(indirect: By HG Vora Special Opportunities Master Fund, Ltd.)
Transactions
  • Purchase

    Common Stock, par value $0.001

    2015-12-21$1.33/sh+125,000$166,2504,125,000 total(indirect: By HG Vora Special Opportunities Master Fund, Ltd.)
  • Purchase

    Common Stock, par value $0.001

    2015-12-17$1.31/sh+36,000$47,1603,911,000 total(indirect: By HG Vora Special Opportunities Master Fund, Ltd.)
  • Purchase

    Common Stock, par value $0.001

    2015-12-18$1.30/sh+89,000$115,7004,000,000 total(indirect: By HG Vora Special Opportunities Master Fund, Ltd.)
Vora Parag
10% Owner
Transactions
  • Purchase

    Common Stock, par value $0.001

    2015-12-21$1.33/sh+125,000$166,2504,125,000 total(indirect: By HG Vora Special Opportunities Master Fund, Ltd.)
  • Purchase

    Common Stock, par value $0.001

    2015-12-17$1.31/sh+36,000$47,1603,911,000 total(indirect: By HG Vora Special Opportunities Master Fund, Ltd.)
  • Purchase

    Common Stock, par value $0.001

    2015-12-18$1.30/sh+89,000$115,7004,000,000 total(indirect: By HG Vora Special Opportunities Master Fund, Ltd.)
Footnotes (5)
  • [F1]This Form 4 is filed jointly by HG Vora Capital Management, LLC ("HG Vora Capital"), HG Vora Special Opportunities Master Fund, Ltd. ("HG Vora Special Opportunities"), and Parag Vora (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
  • [F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.21 to $1.35. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  • [F3]Securities owned directly by HG Vora Special Opportunities. HG Vora Capital is a registered investment adviser under the Investment Advisers Act of 1940, as amended, and acts as an investment adviser to certain investment entities. HG Vora Capital, as investment manager of HG Vora Special Opportunities, may be deemed to beneficially own the securities owned directly by HG Vora Special Opportunities. Parag Vora, as the managing member of HG Vora Capital, may be deemed to beneficially own the securities owned directly by HG Vora Special Opportunities.
  • [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.28 to $1.30. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
  • [F5]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.25 to $1.41. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

Issuer

TOWN SPORTS INTERNATIONAL HOLDINGS INC

CIK 0001281774

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001281774

Filing Metadata

Form type
4
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 6:29 PM ET
Size
13.9 KB