4//SEC Filing
Woodworth Douglas 4
Accession 0000921895-20-001837
CIK 0001452857other
Filed
Jun 21, 8:00 PM ET
Accepted
Jun 22, 7:44 PM ET
Size
7.1 KB
Accession
0000921895-20-001837
Insider Transaction Report
Form 4
Woodworth Douglas
Chief Financial Officer
Transactions
- Other
6% Series A Preferred Units
2020-06-15+74→ 5,037 total
Holdings
- 52,757
Common Units, no par value
- 1(indirect: By LLC)
Common Units, no par value
Footnotes (1)
- [F1]The Issuer declared a regular quarterly cash distribution of $0.375 per unit, payable June 15, 2020, to unitholders of record as of June 1, 2020, on its 6% Series A Preferred Units ("Series A Preferred"). Such distributions were made in kind, such that holders of Series A Preferred received additional units equal to the product of units held and the $0.375 per unit quarterly dividend divided by the Series A Preferred liquidation preference of $25.00 per unit. No fraction of a Series A Preferred was issued by virtue of the quarterly dividend, but in lieu thereof each preferred unitholder was paid an amount of cash (rounded to the nearest whole cent), without interest, equal to the product of (i) such fraction, multiplied by (ii) the $25.00 Series A liquidation preference. The distribution of Series A Preferred to the Reporting Person is exempt from Section 16(a) under Rule 16a-9(a) and exempt from Section 16(b) under Rule 16a-10 and is reported herein on a voluntary basis.
Documents
Issuer
STEEL PARTNERS HOLDINGS L.P.
CIK 0001452857
Entity typeother
Related Parties
1- filerCIK 0001675437
Filing Metadata
- Form type
- 4
- Filed
- Jun 21, 8:00 PM ET
- Accepted
- Jun 22, 7:44 PM ET
- Size
- 7.1 KB