HANDY & HARMAN LTD. 4
4 · HANDY & HARMAN LTD. · Filed Aug 4, 2015
Insider Transaction Report
Form 4
SPH Group Holdings LLC
10% Owner
Transactions
- Other
Common Stock, par value $0.01
2015-07-31+1,429,407→ 8,560,592 total
Footnotes (3)
- [F1]This Form 4 is filed jointly by Steel Partners Holdings L.P. ("Steel Holdings"), SPH Group LLC ("SPHG"), SPH Group Holdings LLC ("SPHG Holdings") and Steel Partners Holdings GP Inc. ("Steel Holdings GP").
- [F2]Represents shares of Common Stock of the Issuer received by SPHG Holdings in exchange for all of SPHG Holdings' shares of Common Stock of JPS Industries, Inc. pursuant to that certain Exchange Agreement, dated as of May 31, 2015, by and between Handy & Harman Group, Ltd., a wholly owned subsidiary of the Issuer, and SPHG Holdings.
- [F3]Represents shares of Common Stock of the Issuer owned directly by SPHG Holdings. Steel Holdings owns 99% of the membership interests of SPHG. SPHG is the sole member of SPHG Holdings. Steel Holdings GP is the general partner of Steel Holdings, the managing member of SPHG and the manager of SPHG Holdings. Accordingly, each of Steel Holdings, SPHG and Steel Holdings GP may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by SPHG Holdings. Each of Steel Holdings, SPHG and Steel Holdings GP disclaims beneficial ownership of the shares of Common Stock of the Issuer owned directly by SPHG Holdings except to the extent of its pecuniary interest therein.