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4//SEC Filing

Beltzman Daniel Gordon 4

Accession 0001062993-18-002550

CIK 0001040719other
View on SEC.govCompany Profile

Filed

Jun 10, 8:00 PM ET

Accepted

Jun 11, 5:57 PM ET

Size

24.2 KB

Accession

0001062993-18-002550

Insider Transaction Report

Form 4
Period: 2018-06-08
DITECH HOLDING CorpDHCP
Beltzman Daniel Gordon
10% Owner
Transactions
  • Other

    Common Stock

    2018-06-08−170,676→ 0 total(indirect: By Walloon BRC, LP)
  • Other

    Series A Warrants

    2018-06-08−290,780→ 0 total(indirect: By Walloon BRC, LP)
    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (290,780 underlying)
  • Other

    Series B Warrants

    2018-06-08−230,728→ 0 total(indirect: By Walloon BRC, LP)
    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (230,728 underlying)
Holdings

  • Common Stock

    (indirect: By Birch Run Capital Partners, LP)
    55,446

  • Series A Warrants

    (indirect: By Birch Run Capital Partners, LP)
    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (94,463 underlying)
    94,463

  • Series A Warrants

    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (12,208 underlying)
    12,208

  • Series B Warrants

    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (9,687 underlying)
    9,687

  • Series B Warrants

    (indirect: By Birch Run Capital Partners, LP)
    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (74,955 underlying)
    74,955

  • Common Stock

    38,620
Smith Gregory Howard
10% Owner
Transactions
  • Other

    Series A Warrants

    2018-06-08−290,780→ 0 total(indirect: By Walloon BRC, LP)
    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (290,780 underlying)
  • Other

    Series B Warrants

    2018-06-08−230,728→ 0 total(indirect: By Walloon BRC, LP)
    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (230,728 underlying)
  • Other

    Common Stock

    2018-06-08−170,676→ 0 total(indirect: By Walloon BRC, LP)
Holdings

  • Common Stock

    38,620

  • Series A Warrants

    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (12,208 underlying)
    12,208

  • Common Stock

    (indirect: By Birch Run Capital Partners, LP)
    55,446

  • Series B Warrants

    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (9,687 underlying)
    9,687

  • Series A Warrants

    (indirect: By Birch Run Capital Partners, LP)
    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (94,463 underlying)
    94,463

  • Series B Warrants

    (indirect: By Birch Run Capital Partners, LP)
    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (74,955 underlying)
    74,955
Birch Run Capital, LLC
10% Owner
Transactions
  • Other

    Common Stock

    2018-06-08−170,676→ 0 total(indirect: By Walloon BRC, LP)
  • Other

    Series A Warrants

    2018-06-08−290,780→ 0 total(indirect: By Walloon BRC, LP)
    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (290,780 underlying)
  • Other

    Series B Warrants

    2018-06-08−230,728→ 0 total(indirect: By Walloon BRC, LP)
    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (230,728 underlying)
Holdings

  • Common Stock

    (indirect: By Birch Run Capital Partners, LP)
    55,446

  • Series A Warrants

    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (12,208 underlying)
    12,208

  • Series A Warrants

    (indirect: By Birch Run Capital Partners, LP)
    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (94,463 underlying)
    94,463

  • Common Stock

    38,620

  • Series B Warrants

    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (9,687 underlying)
    9,687

  • Series B Warrants

    (indirect: By Birch Run Capital Partners, LP)
    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (74,955 underlying)
    74,955
BRC Advisors GP, LLC
10% Owner
Transactions
  • Other

    Series A Warrants

    2018-06-08−290,780→ 0 total(indirect: By Walloon BRC, LP)
    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (290,780 underlying)
  • Other

    Common Stock

    2018-06-08−170,676→ 0 total(indirect: By Walloon BRC, LP)
  • Other

    Series B Warrants

    2018-06-08−230,728→ 0 total(indirect: By Walloon BRC, LP)
    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (230,728 underlying)
Holdings

  • Common Stock

    38,620

  • Series B Warrants

    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (9,687 underlying)
    9,687

  • Series B Warrants

    (indirect: By Birch Run Capital Partners, LP)
    Exercise: $28.25From: 2018-02-09Exp: 2028-02-09→ Common Stock (74,955 underlying)
    74,955

  • Common Stock

    (indirect: By Birch Run Capital Partners, LP)
    55,446

  • Series A Warrants

    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (12,208 underlying)
    12,208

  • Series A Warrants

    (indirect: By Birch Run Capital Partners, LP)
    Exercise: $20.63From: 2018-02-09Exp: 2028-02-09→ Common Stock (94,463 underlying)
    94,463
Footnotes (5)
  • [F1]These securities are held directly by Birch Run Capital Partners, L.P. As of the date of this filing: Birch Run Capital Partners, L.P. directly holds 55,446 shares of Common Stock, 94,463 Series A Warrants, and 74,955 Series B Warrants.
  • [F2]Birch Run Capital GP, L.L.C. serves as the General Partner to Birch Run Capital Partners, L.P., and Walloon BRC GP, L.L.C. serves as the General Partner to Walloon BRC, L.P. (each a "General Partner and collectively, "the General Partners"). Daniel Beltzman and Gregory Smith are the Co-Managing Members of the General Partners. As owners of the General Partner to Birch Run Capital Partners, L.P., Messrs. Beltzman and Smith may share in an allocation of the profits. See Footnote (5) below for a discussion of potential pecuniary interest in Walloon BRC, L.P.
  • [F3]Birch Run Capital Advisors, L.P. (the "Adviser") serves as the Investment Adviser to Birch Run Capital Partners, L.P (the "Fund"). Pursuant to a management agreement among the Adviser, the Fund and Birch Run Capital GP, L.L.C., the Adviser has complete and unlimited discretion and authority with respect to the Fund's investments and voting power over investments. In connection with the services provided by the Adviser, the Adviser receives an asset-based management fee that does not confer any pecuniary interest in the securities held by the Fund. BRC Advisors GP, L.L.C. ("Adviser GP") is the General Partner to the Adviser. Daniel Beltzman and Gregory Smith are the Limited Partners of the Adviser and the Co-Managing Members of the Adviser GP. The Adviser, the Adviser GP, Daniel Beltzman and Gregory Smith may be deemed to share voting and dispositive power over the reported securities.
  • [F4]Each of the Advisor, the Adviser GP, Daniel Beltzman, and Gregory Smith disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that any such reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
  • [F5]On June 8, 2018, Walloon BRC GP, L.L.C. elected to liquidate Walloon BRC, L.P., by distributing 160,676 shares of Common Stock, 290,780 Series A Warrants and 230,728 Series B Warrants, to each of its limited partners, on a pro rata, in kind basis, without consideration. Due to the high water mark applicable to the general partner at the time of the distribution, it did not hold any pecuniary interest in Walloon BRC, L.P., prior to (or after) the in kind, pro rata distribution.

Documents

1 file

Issuer

DITECH HOLDING Corp

CIK 0001040719

→
Entity typeother

Related Parties

1
  • filerCIK 0001550099

Filing Metadata

Form type
4
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 5:57 PM ET
Size
24.2 KB
View on SEC.gov