4//SEC Filing
Sachs Gregory H 4
Accession 0001144204-12-065796
CIK 0001512074other
Filed
Nov 29, 7:00 PM ET
Accepted
Nov 30, 4:20 PM ET
Size
6.3 KB
Accession
0001144204-12-065796
Insider Transaction Report
Form 4
Sachs Gregory H
DirectorCEO, President and Chairman10% Owner
Transactions
- Disposition to Issuer
Common Stock
2012-11-20−761,905→ 761,905 total(indirect: See Footnoes)
Footnotes (2)
- [F1]Gregory H. Sachs is the trustee and beneficiary of a revocable trust and the children of Mr. Sachs are the beneficiaries a separate trust, both of which are members of that is a member of SCG Financial Holdings LLC, an Illinois limited liability company and the sponsor of the Issuer (the "Sponsor"). Mr. Sachs is thereby an indirect holder of securities of the Issuer through the trusts' membership interests in in the Sponsor. On November 20, 2012, 2012 DOOH Investments LLC, an Illinois limited liability company, purchased 50% of the membership interests in the Sponsor. Following such transaction, Gregory H. Sachs and Donald R. Wilson, Jr. are each managers of the Sponsor and each ultimately control the voting and dispositive power of 761,905 shares of Common Stock of the Issuer.
- [F2]Gregory H. Sachs may be deemed to have beneficial ownership of 761,905 shares of Common Stock of the Issuer held by the Sponsor. The Reporting Person disclaims beneficial ownership of any shares of Common Stock of the Issuer over which he does not have a pecuniary interest. As contemplated, in connection with the Issuer's initial public offering, 228,571 shares of Common Stock of the Issuer beneficially owned by Sponsor were returned to the Issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised pursuant to the Letter Agreement, dated April 12, 2011 by and among the Issuer, the Sponsor, Gregory H. Sachs and the members of the Sponsor.
Documents
Issuer
SCG Financial Acquisition Corp.
CIK 0001512074
Entity typeother
Related Parties
1- filerCIK 0001300607
Filing Metadata
- Form type
- 4
- Filed
- Nov 29, 7:00 PM ET
- Accepted
- Nov 30, 4:20 PM ET
- Size
- 6.3 KB