Taube Brook 4
4 · MEDLEY MANAGEMENT INC. · Filed Jan 20, 2021
Insider Transaction Report
Form 4
Taube Brook
DirectorSee Remarks
Transactions
- Conversion
Class A Common Stock
2021-01-19+999,999→ 999,999 total(indirect: By LLC) - Conversion
Medley LLC Units
2021-01-19−999,999→ 0 total(indirect: By LLC)→ Class A Common Stock (999,999 underlying)
Footnotes (2)
- [F1]Each Class A Unit of Medley LLC ("Medley LLC Unit") was exchanged for one share of Class A Common Stock of Medley Management Inc. The Medley LLC Units were convertible at any time on a one-for-one basis and had no expiration date.
- [F2]Shares previously reported as held indirectly by Reporting Person in a limited liability company and a trust, both of which were controlled by Reporting Person. Reporting Person is the Managing Member and owns 98% of Sandy Point LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.