Home/Filings/4/0001140361-20-029961
4//SEC Filing

Walsh Patrick 4

Accession 0001140361-20-029961

CIK 0001281774other

Filed

Dec 29, 7:00 PM ET

Accepted

Dec 30, 7:58 PM ET

Size

13.2 KB

Accession

0001140361-20-029961

Insider Transaction Report

Form 4
Period: 2020-12-28
Transactions
  • Award

    Common Stock, par value $0.001

    2020-12-28+8,144,21211,318,581 total
Holdings
  • Common Stock, par value $0.001

    (indirect: By PW Partners Atlas Fund III LP)
    1,271,182
  • Common Stock, par value $0.001

    (indirect: By PW Partners Atlas Fund II LP)
    4,300,000
Transactions
  • Award

    Common Stock, par value $0.001

    2020-12-28+8,144,21211,318,581 total
Holdings
  • Common Stock, par value $0.001

    (indirect: By PW Partners Atlas Fund III LP)
    1,271,182
  • Common Stock, par value $0.001

    (indirect: By PW Partners Atlas Fund II LP)
    4,300,000
Transactions
  • Award

    Common Stock, par value $0.001

    2020-12-28+8,144,21211,318,581 total
Holdings
  • Common Stock, par value $0.001

    (indirect: By PW Partners Atlas Fund II LP)
    4,300,000
  • Common Stock, par value $0.001

    (indirect: By PW Partners Atlas Fund III LP)
    1,271,182
Transactions
  • Award

    Common Stock, par value $0.001

    2020-12-28+8,144,21211,318,581 total
Holdings
  • Common Stock, par value $0.001

    (indirect: By PW Partners Atlas Fund III LP)
    1,271,182
  • Common Stock, par value $0.001

    (indirect: By PW Partners Atlas Fund II LP)
    4,300,000
Footnotes (4)
  • [F1]This Form 4 is filed jointly by PW Partners Atlas Fund III LP ("Atlas Fund III"), PW Partners Atlas Fund II LP ("Atlas Fund II"), PW Partners Atlas Funds, LLC ("Atlas Fund GP"), PW Partners Capital Management LLC ("PW Capital Management") and Patrick Walsh (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Registrant's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
  • [F2]Represents shares of restricted stock granted on December 28, 2020 pursuant to the Town Sports International Holdings, Inc. 2006 Stock Incentive Plan. Of the 8,144,212 shares of restricted stock granted on December 28, 2020, 2,714,737 shares of Common Stock vested on December 28, 2020, 2,714,737 shares of Common Stock will vest on December 31, 2021 and 2,714,738 shares of Common Stock will vest on December 31, 2022.
  • [F3]Represents securities owned directly by Atlas Fund III. As the General Partner of Atlas Fund III, Atlas Fund GP may be deemed to beneficially own the securities owned directly by Atlas Fund III. As the Investment Manager of Atlas Fund III, PW Capital Management may be deemed to beneficially own the securities owned directly by Atlas Fund III. As the Managing Member of PW Capital Management and the Managing Member and Chief Executive Officer of Atlas Fund GP, Mr. Walsh may be deemed to beneficially own the securities owned directly by Atlas Fund III.
  • [F4]Represents securities owned directly by Atlas Fund II. As the General Partner of Atlas Fund II, Atlas Fund GP may be deemed to beneficially own the securities owned directly by Atlas Fund II. As the Investment Manager of Atlas Fund II, PW Capital Management may be deemed to beneficially own the securities owned directly by Atlas Fund II. As the Managing Member of PW Capital Management and the Managing Member and Chief Executive Officer of Atlas Fund GP, Mr. Walsh may be deemed to beneficially own the securities owned directly by Atlas Fund II.

Issuer

TOWN SPORTS INTERNATIONAL HOLDINGS INC

CIK 0001281774

Entity typeother

Related Parties

1
  • filerCIK 0001508045

Filing Metadata

Form type
4
Filed
Dec 29, 7:00 PM ET
Accepted
Dec 30, 7:58 PM ET
Size
13.2 KB