5//SEC Filing
Holten John V 5
Accession 0001140361-10-008950
CIK 0001059262other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 1:54 PM ET
Size
16.5 KB
Accession
0001140361-10-008950
Insider Transaction Report
Form 5
JVH DESCENDANTS' 2007 TRUST
10% Owner
Transactions
- Other
Common Stock
2009-11-16−6,592,906→ 994,936 total(indirect: By Trust) - Other
Common Stock
2009-12-07−226,786→ 768,150 total(indirect: By Trust)
Steamboat Industries LLC
10% Owner
Transactions
- Other
Common Stock
2009-12-07−226,786→ 768,150 total(indirect: By Trust) - Other
Common Stock
2009-11-16−6,592,906→ 994,936 total(indirect: By Trust)
Vinland Industries LLC
10% Owner
Transactions
- Other
Common Stock
2009-11-16−6,592,906→ 994,936 total(indirect: By Trust) - Other
Common Stock
2009-12-07−226,786→ 768,150 total(indirect: By Trust)
Holten John V
DirectorChairman10% Owner
Transactions
- Other
Common Stock
2009-12-07−226,786→ 768,150 total(indirect: By Trust) - Other
Common Stock
2009-11-16−6,592,906→ 994,936 total(indirect: By Trust)
Brats, LLC
10% Owner
Transactions
- Other
Common Stock
2009-12-07−226,786→ 768,150 total(indirect: By Trust) - Other
Common Stock
2009-11-16−6,592,906→ 994,936 total(indirect: By Trust)
Footnotes (6)
- [F1]Pursuant to an agreement, dated February 12, 2009 (the "Surplus Agreement"), among John V. Holten, Steamboat Industries LLC and GSO CP Holdings, LP, GSO Domestic Capital Funding LLC, GSO Credit Opportunities Fund (Helios), L.P., GSO Special Situations Overseas Master Fund, Ltd., GSO Special Situations Overseas Benefit Plan Fund, Ltd. and CML VII, LLC (collectively, the "Holders"), the Holders agreed to pay to Steamboat Industries LLC an amount equal to any cash proceeds that the Holders receive upon disposition of shares of issuer's common stock held by the Holders that are in excess of certain threshold amounts set forth in the Surplus Agreement.
- [F2]On November 16, 2009, the Holders completed the sale of 6,592,906 shares of the issuer's common stock pursuant to a secondary public offering.
- [F3]This transaction was not reported on a Form 4 because the secondary public offering referred to herein was not a transaction carried out by the reporting persons.
- [F4]John V. Holten and the other reporting persons hold a pecuniary interest with respect to the number of shares of the issuer's common stock set forth herein. Includes an indirect pecuniary interest in 6,000 shares of the issuer's common stock owned by John V. Holten's spouse.
- [F5]John V. Holten is the a director of the issuer, and the sole trustee of The JVH Descendants' 2007 Trust, a Connecticut trust for the benefit of the descendants of John V. Holten. Mr. Holten, Brats, LLC, a Delaware limited liability company and The JVH Descendants' 2007 Trust are the owners of 100% of the membership units in Vinland Industries LLC, a Delaware limited liability company, which is the owner of 100% of the membership interest in Steamboat Industries LLC, a New York limited liability company. Mr. Holten is the sole manager of Brats, LLC, Vinland Industries LLC and Steamboat Industries LLC. The reporting persons disclaim beneficial ownership over the reported securities except to the extent of their pecuniary interests therein, and the inclusion of such securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purpose of Section 16 or for any other purpose.
- [F6]On December 7, 2009, the Holders sold 226,786 shares of the issuer's common stock pursuant to the partial exercise of the option by the underwriters under the underwriting agreement with respect to the secondary public offering.
Documents
Issuer
STANDARD PARKING CORP
CIK 0001059262
Entity typeother
Related Parties
1- filerCIK 0001291323
Filing Metadata
- Form type
- 5
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 1:54 PM ET
- Size
- 16.5 KB