PW Partners Capital Management LLC 4
4 · TOWN SPORTS INTERNATIONAL HOLDINGS INC · Filed Feb 11, 2019
Insider Transaction Report
Form 4
Walsh Patrick
Other
Transactions
- Award
Common Stock, $0.001 par value
2019-01-21+275,000→ 1,789,080 total - Award
Common Stock, $0.001 par value
2019-02-01+13,423→ 1,802,503 total
Holdings
- 1,271,182(indirect: By PW Partners Atlas Fund III LP)
Common Stock, $0.001 par value
Footnotes (4)
- [F1]This Form 4 is filed jointly by PW Partners Atlas Fund III LP ("Atlas Fund III"), PW Partners Atlas Funds, LLC ("Atlas Fund GP"), PW Partners Capital Management LLC ("PW Capital Management") and Patrick Walsh (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns 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]Represents shares of restricted stock that were issued to Mr. Walsh under the Issuer's Amended and Restated 2006 Stock Incentive Plan. The shares of restricted stock will vest in three equal annual installments commencing on January 21, 2020, the first anniversary of the grant date.
- [F3]Represents shares of restricted stock that were issued to Mr. Walsh under the Issuer's Amended and Restated 2006 Stock Incentive Plan. The shares of restricted stock will vest in three equal annual installments commencing on February 1, 2020, the first anniversary of the grant date.
- [F4]Represents securities owned directly by Atlas Fund III. As the General Partner of Atlas Fund III, Atlas Fund GP may be deemed to beneficially own the securities owned directly by Atlas Fund III. As the Investment Manager of Atlas Fund III, PW Capital Management may be deemed to beneficially own the securities owned directly by Atlas Fund III. As the Managing Member of PW Capital Management and the Managing Member and Chief Executive Officer of Atlas Fund GP, Mr. Walsh may be deemed to beneficially own the securities owned directly by Atlas Fund III.