4//SEC Filing
Vintage Capital Management LLC 4
Accession 0001104659-20-090007
CIK 0001528930other
Filed
Aug 3, 8:00 PM ET
Accepted
Aug 4, 9:35 AM ET
Size
13.5 KB
Accession
0001104659-20-090007
Insider Transaction Report
Form 4
Vintage Capital Management LLC
10% Owner
Transactions
- Other
Common Stock
2020-07-31−5,512,484→ 7,608,559.36 total(indirect: Please see footnotes) - Other
Common Stock
2020-07-31+2,889,038→ 5,062,628 total
KAHN CAPITAL MANAGEMENT LLC
10% Owner
Transactions
- Other
Common Stock
2020-07-31−5,512,484→ 7,608,559.36 total(indirect: Please see footnotes) - Other
Common Stock
2020-07-31+2,889,038→ 5,062,628 total
KAHN BRIAN RANDALL
10% Owner
Transactions
- Other
Common Stock
2020-07-31−5,512,484→ 7,608,559.36 total(indirect: Please see footnotes) - Other
Common Stock
2020-07-31+2,889,038→ 5,062,628 total
Footnotes (5)
- [F1]Includes an aggregate 2,889,038 shares of Common Stock received by Brian Kahn and Lauren Kahn, tenants by the entirety, as a pro rata distribution from Stefac LP and Vintage Tributum LP, each an Investment Vehicle (as defined below), on July 31, 2020. In prior reports, the Reporting Persons (as defined below) reported indirect beneficial ownership of (a) 4,437,333.00 shares of Common Stock held by Stefac LP, 3,437,333.00 of which were distributed to limited partners of Stefac LP pro rata based on each limited partner's economic ownership interest in Stefac LP on July 31, 2020 and (b) 2,075,151.00 shares of Common Stock held by Vintage Tributum LP, all of which were distributed to limited partners of Vintage Tributum LP pro rata based on each limited partner's economic ownership interest in Vintage Tributum LP on July 31, 2020.
- [F2]5,061,255.00 of these shares of Common Stock are owned by Brian Kahn and Lauren Kahn as tenants by the entirety.
- [F3]Includes, as previously reported on the Form 4 for Brian R. Kahn filed on July 30, 2020, 400,000.00 shares of Common Stock acquired by Brian R. Kahn Irrevocable Trust dated October 29, 2009 on July 30, 2020. In prior reports, the Reporting Persons reported indirect beneficial ownership of 4,437,333.00 shares of Common Stock held by Stefac LP, 3,437,333.00 of which were distributed to limited partners of Stefac LP pro rata based on each limited partner's economic ownership interest in Stefac LP on July 31, 2020 and (b) 2,075,151.00 shares of Common Stock held by Vintage Tributum LP, all of which were distributed to limited partners of Vintage Tributum LP pro rata based on each limited partner's economic ownership interest in Vintage Tributum LP on July 31, 2020. See footnote (1).
- [F4]In addition to Vintage Capital Management, LLC, a Delaware limited liability company ("Vintage Capital"), this Form 4 is being filed jointly by Kahn Capital Management, LLC, a Delaware limited liability company ("Kahn Capital"), and Mr. Kahn (together with Vintage Capital and Kahn Capital, the "Reporting Persons"), a citizen of the United States of America, each of whom has the same business address as Vintage Capital. Kahn Capital, as a member and the majority owner of Vintage Capital, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Vintage Capital, and may be deemed to be the indirect beneficial owner of such shares. Kahn Capital disclaims beneficial ownership of such shares for all other purposes, except to the extent of its pecuniary interest therein.
- [F5]Mr. Kahn, who serves as (A) the manager and sole member of Kahn Capital; (B) the manager and a member of Vintage Capital; and (C) the manager or other control person of entities that, directly or indirectly, control investment vehicles for which the Reporting Persons, directly or indirectly, act as general partner, manager, investment advisor, control person or in similar capacities (collectively, the "Investment Vehicles"), which Investment Vehicles own shares of Common Stock, may be deemed to have the power to direct the voting and disposition of the shares of Common Stock beneficially owned by Vintage Capital and Kahn Capital, and may be deemed to be the indirect beneficial owner of such shares. Mr. Kahn disclaims beneficial ownership of such shares for all other purposes, except to the extent of his pecuniary interest therein.
Documents
Issuer
Franchise Group, Inc.
CIK 0001528930
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001511498
Filing Metadata
- Form type
- 4
- Filed
- Aug 3, 8:00 PM ET
- Accepted
- Aug 4, 9:35 AM ET
- Size
- 13.5 KB