4//SEC Filing
MAGNACHIP SEMICONDUCTOR Corp 4
Accession 0001140361-16-075240
$MXCIK 0001325702operating
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 5:12 PM ET
Size
13.2 KB
Accession
0001140361-16-075240
Insider Transaction Report
Form 4
Pleasant Lake Partners LLC
10% Owner
Transactions
- Sale
Common Stock
2016-08-04$7.49/sh−58,000$434,548→ 3,472,515 total(indirect: See Footnote)
Pleasant Lake Onshore GP LLC
10% Owner
Transactions
- Sale
Common Stock
2016-08-04$7.49/sh−58,000$434,548→ 3,472,515 total(indirect: See Footnote)
Transactions
- Sale
Common Stock
2016-08-04$7.49/sh−58,000$434,548→ 3,472,515 total(indirect: See Footnote)
PLP MM LLC
10% Owner
Transactions
- Sale
Common Stock
2016-08-04$7.49/sh−58,000$434,548→ 3,472,515 total(indirect: See Footnote)
Lennon Jonathan
10% Owner
Transactions
- Sale
Common Stock
2016-08-04$7.49/sh−58,000$434,548→ 3,472,515 total(indirect: See Footnote)
Footnotes (2)
- [F1]Represents the weighted average purchase price of shares purchased in a series of open market sales on the transaction date at prices ranging from $7.12 to $8.00 per share. The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each price.
- [F2]Shares reported herein represent shares held for the account of Pleasant Lake Offshore Master Fund L.P. (the "Master Fund"). Pleasant Lake Partners LLC ("PLP") serves as the investment manager of the Master Fund. Pleasant Lake Onshore GP LLC ("GP LLC") serves as General Partner of the Master Fund. PLP MM LLC is the managing member of PLP. Jonathan Lennon serves as manager of PLP MM LLC and GP LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934 or for any other purpose.
Documents
Issuer
MAGNACHIP SEMICONDUCTOR Corp
CIK 0001325702
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001325702
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 5:12 PM ET
- Size
- 13.2 KB