4//SEC Filing
RIVIERA HOLDINGS CORP 4
Accession 0000914121-07-001394
CIK 0000899647operating
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 9:57 PM ET
Size
30.1 KB
Accession
0000914121-07-001394
Insider Transaction Report
Form 4
FLAG LUXURY PROPERTIES LLC
10% Owner
Transactions
- Other
Common Stock, $0.001 par value per share
2007-02-28−418,294→ 836,588 total(indirect: See footnotes) - Other
Common Stock, $0.001 par value per share
2007-02-28−836,588→ 836,588 total(indirect: See footnotes)
LMN 134 Family CO LLC
10% Owner
Transactions
- Other
Common Stock, $0.001 par value per share
2007-02-28−418,294→ 836,588 total(indirect: See footnotes) - Other
Common Stock, $0.001 par value per share
2007-02-28−836,588→ 836,588 total(indirect: See footnotes)
MJX Flag Associates LLC
10% Owner
Transactions
- Other
Common Stock, $0.001 par value per share
2007-02-28−418,294→ 836,588 total(indirect: See footnotes) - Other
Common Stock, $0.001 par value per share
2007-02-28−836,588→ 836,588 total(indirect: See footnotes)
Torino Brett
10% Owner
Transactions
- Other
Common Stock, $0.001 par value per share
2007-02-28−836,588→ 836,588 total(indirect: See footnotes) - Other
Common Stock, $0.001 par value per share
2007-02-28−418,294→ 836,588 total(indirect: See footnotes)
Kanavos Paul
10% Owner
Transactions
- Other
Common Stock, $0.001 par value per share
2007-02-28−418,294→ 836,588 total(indirect: See footnotes) - Other
Common Stock, $0.001 par value per share
2007-02-28−836,588→ 836,588 total(indirect: See footnotes)
Nelson Mitchell J
10% Owner
Transactions
- Other
Common Stock, $0.001 par value per share
2007-02-28−836,588→ 836,588 total(indirect: See footnotes) - Other
Common Stock, $0.001 par value per share
2007-02-28−418,294→ 836,588 total(indirect: See footnotes)
Sillerman Real Estate Ventures LLC
10% Owner
Transactions
- Other
Common Stock, $0.001 par value per share
2007-02-28−418,294→ 836,588 total(indirect: See footnotes) - Other
Common Stock, $0.001 par value per share
2007-02-28−836,588→ 836,588 total(indirect: See footnotes)
Sillerman Robert
10% Owner
Transactions
- Other
Common Stock, $0.001 par value per share
2007-02-28−418,294→ 836,588 total(indirect: See footnotes) - Other
Common Stock, $0.001 par value per share
2007-02-28−836,588→ 836,588 total(indirect: See footnotes)
ONIROT Living Trust dated 6/20/2000
10% Owner
Transactions
- Other
Common Stock, $0.001 par value per share
2007-02-28−418,294→ 836,588 total(indirect: See footnotes) - Other
Common Stock, $0.001 par value per share
2007-02-28−836,588→ 836,588 total(indirect: See footnotes)
Flag Leisure Group
10% Owner
Transactions
- Other
Common Stock, $0.001 par value per share
2007-02-28−418,294→ 836,588 total(indirect: See footnotes) - Other
Common Stock, $0.001 par value per share
2007-02-28−836,588→ 836,588 total(indirect: See footnotes)
Footnotes (10)
- [F1]This is a joint filing by Flag Luxury Properties, LLC ("FLP"); MJX Flag Associates, LLC ("MJX"); LMN 134 Family Company LLC ("LMN134"); Mitchell J. Nelson; ONIROT Living Trust dated 6/20/2000 ("ONIROT"); Flag Leisure Group, LLC ("FLG"); MJX Real Estate Ventures, LLC ("MREV"); Robert F.X. Sillerman; Brett Torino and Paul Kanavos (collectively, the "Reporting Persons"). (continued in footnote 2)
- [F10](continued from footnote 9) FLP is the designated filer. The Reporting Persons are filing this joint Form 4 because they may be regarded as part of a group. However, each Reporting Person disclaims beneficial ownership of the shares owned by other persons and disclaims membership in a group, and this filing shall not constitute an acknowledgement that the Reporting Persons are part of a group.
- [F2](continued from footnote 1) Flag Luxury Riv, LLC ("FLR") directly holds 418,294 shares of Common Stock, as reported on Form 3 filed August 23, 2006. On June 1, 2007, FX Luxury Realty, LLC ("FXLR") purchased from FLP the 100% equity interest FLP held in FLR for $10,295,412.13 (the "FLP Interest Purchase"). One million dollars of the $10,295,412.13 was paid in the form of a promissory note from FXLR to FLP and the remainder was paid in cash. As such, FLP may be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by FLR. MJX, as a member of FLP with an approximate 26% equity interest in FLP, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by FLR. (continued in footnote 3)
- [F3](continued from footnote 2) ONIROT, as a member of FLP with a 26.36% equity interest in FLP, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by FLR. LMN134, as a member of MJX with an approximate 1.67% equity interest in MJX, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by FLR. Mitchell J. Nelson, as managing member of LMN134, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by FLR.
- [F4]RH1, LLC ("RH1") directly holds 418,294 shares of Common Stock, as reported on Form 3 filed on August 23, 2006. On June 1, 2007, FXLR purchased from FLG the 100% equity interest FLG held in RH1 for $12,548,820 in cash (the "RH1 Interest Purchase"). As such, FLG may be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by RH1, and as a member of FLP with an approximate 6.6% equity interest in FLP, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by FLR. MREV, as a member of FLG with a 33.33% equity interest in FLG, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by RH1 and, as a member of MJX with an approximate 98.33% equity interest in MJX, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by FLR. (continued in footnote 5)
- [F5](continued from footnote 4) Robert F.X. Sillerman, as President and sole member of MREV, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by RH1 and, as President of MJX and as President and sole member of MREV, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by FLR. Brett Torino, as a member of FLG with an approximate 33.33% equity interest in FLG, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by RH1 and, as sole trustee and beneficiary of ONIROT, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by FLR. (continued in footnote 6)
- [F6](continued from footnote 5) Paul Kanavos, as President and member of FLG with an approximate 33.33% equity interest in FLG, may be deemed to have disposed of the 418,294 shares of Common Stock directly beneficially owned by RH1 and as, President and member of FLG with an approximate 33.33% equity interest in FLG and as President and member of FLP with an approximate 36.1% equity interest in FLP, may also be deemed to have disposed of the 418,294 shares of Common Stock directly beneficial owned by FLR.
- [F7]Upon completion of the FLR Interest Purchase and the RH1 Interest Purchase, FXLR may be deemed the indirect beneficial owner of 836,588 shares of Common Stock. FLP, as a member of FXLR with an approximate 50% equity interest in FXLR, may also be deemed to have beneficial ownership of the foregoing shares of Common Stock. MJX, as a member of FLP with an approximate 26% equity interest in FLP, may also be deemed to have beneficial ownership of the foregoing shares of Common Stock. FLG, as a member of FLP with an approximate 6.6% equity interest in FLP, may also be deemed to have beneficial ownership of the foregoing shares of Common Stock. ONIROT, as a member of FLP with a 26.36% equity interest in FLP, may also be deemed to have beneficial ownership of the foregoing shares of Common Stock. (continued in footnote 8)
- [F8](continued from footnote 7) LMN134, as a member of MJX with an approximate 1.67% equity interest in MJX, may also be deemed to have beneficial ownership of the foregoing shares of Common Stock. Mitchell J. Nelson, as managing member of LMN134, may also be deemed to have beneficial ownership of the foregoing shares of Common Stock. MREV, as a member of MJX with an approximate 98.33% equity interest in MJX, and as a member of FLG with a 33.33% equity interest in FLG, may also be deemed to have beneficial ownership of the foregoing shares of Common Stock. Robert F.X. Sillerman, as President of MJX and as President and sole member of MREV, may also be deemed to have beneficial ownership of the foregoing shares of Common Stock. (continued in footnote 9)
- [F9](continued from footnote 8) Paul Kanavos, as President of FLR, President and member of FLG with an approximate 33.33% equity interest in FLG, and as President and member of FLP with an approximate 36.1% equity interest in FLP, may also be deemed to have beneficial ownership of the foregoing shares of Common Stock. (continued in footnote 10)
Issuer
RIVIERA HOLDINGS CORP
CIK 0000899647
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000899647
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 9:57 PM ET
- Size
- 30.1 KB