4//SEC Filing
M3C Holdings LLC 4
Accession 0001140361-18-014678
CIK 0000906193other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 5:02 PM ET
Size
6.4 KB
Accession
0001140361-18-014678
Insider Transaction Report
Form 4
M3C Holdings LLC
10% Owner
Transactions
- Disposition from Tender
Common Stock
2018-03-20$26.75/sh−132,077$3,533,060→ 0 total
Footnotes (2)
- [F1]M3C Holdings LLC ("M3C"), a Delaware limited liability company and a family client of Kokino LLC ("Kokino"), also reports beneficial ownership of the Issuer's common stock pursuant to Rule 13d-1 of the Securities Exchange Act of 1934, as amended, pursuant to a Schedule 13D filed jointly by Leslie J. Schreyer, as Trustee under Trust Agreement dated December 23, 1989 FBO the issue of Jonathan D. Sackler (the "Trust"), M3C, Robert Averick and Piton Capital Partners LLC ("Piton"), with the SEC on June 30, 2016, as amended by a Schedule 13D Amendment No. 1 filed on January 31, 2018.
- [F2]Represents shares of the Issuer's common stock ("Shares") beneficially owned by M3C. The Trust, M3C and Mr. Averick are members of Piton. Piton's managing member is Piton Capital Management LLC ("PCM"). PCM's managing member is Kokino, and Kokino is Piton's trading manager. Mr. Averick manages the Trust's, M3C's and Piton's investments in the Issuer as Kokino's Portfolio Manager. Mr. Averick holds an economic interest in Piton (which interest may be held directly and, from time to time, indirectly through PCM). Also, Mr. Averick's incentive compensation as an employee of Kokino, which is calculated in Kokino's discretion, may be based, among other things, on the performance of Shares held by the Trust, M3C and Piton. Such compensation may be paid in cash and/or by way of increasing Mr. Averick's minority interest in Piton (either directly or indirectly through PCM).
Documents
Issuer
KEY TECHNOLOGY INC
CIK 0000906193
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001595803
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 5:02 PM ET
- Size
- 6.4 KB