Home/Filings/3/0000921895-20-000769
3//SEC Filing

Macellum Advisors GP, LLC 3

Accession 0000921895-20-000769

CIK 0000768835other

Filed

Mar 12, 8:00 PM ET

Accepted

Mar 13, 9:19 PM ET

Size

10.8 KB

Accession

0000921895-20-000769

Insider Transaction Report

Form 3
Period: 2020-03-04
Holdings
  • Common Stock $0.01 par value

    (indirect: See Footnote)
    853,112
  • Call Options (right to buy)

    (indirect: See Footnote)
    Exercise: $17.50From: 2020-03-02Exp: 2020-04-17Common Stock $0.01 par value (250,000 underlying)
  • Put Options (obligation to buy)

    (indirect: See Footnote)
    Exercise: $25.00From: 2020-02-14Exp: 2020-03-20Common Stock $0.01 par value (5,200 underlying)
  • Put Options (obligation to buy)

    (indirect: See Footnote)
    Exercise: $27.50Exp: 2020-03-20Common Stock $0.01 par value (26,100 underlying)
Holdings
  • Common Stock $0.01 par value

    (indirect: See Footnote)
    853,112
  • Call Options (right to buy)

    (indirect: See Footnote)
    Exercise: $17.50From: 2020-03-02Exp: 2020-04-17Common Stock $0.01 par value (250,000 underlying)
  • Put Options (obligation to buy)

    (indirect: See Footnote)
    Exercise: $27.50Exp: 2020-03-20Common Stock $0.01 par value (26,100 underlying)
  • Put Options (obligation to buy)

    (indirect: See Footnote)
    Exercise: $25.00From: 2020-02-14Exp: 2020-03-20Common Stock $0.01 par value (5,200 underlying)
Footnotes (3)
  • [F1]This Form 3 is filed jointly by Macellum Opportunity Fund LP ("Macellum Opportunity"), Macellum Management, LP ("Macellum Management"), Macellum Advisors GP, LLC ("Macellum GP") and Jonathan Duskin (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock, par value $0.01 (the "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]Securities owned directly by Macellum Opportunity. As the investment manager of Macellum Opportunity, Macellum Management may be deemed to beneficially own the securities owned directly by Macellum Opportunity. As the general partner of Macellum Opportunity, Macellum GP may be deemed to beneficially own securities owned directly by Macellum Opportunity. As the sole member of Macellum GP, Mr. Duskin may be deemed to beneficially own the securities owned directly by Macellum Opportunity.
  • [F3]Such options are exercisable as of March 4, 2020 and were immediately exercisable upon their acquisition.

Issuer

BIG LOTS INC

CIK 0000768835

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001640326

Filing Metadata

Form type
3
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 9:19 PM ET
Size
10.8 KB