Eby Matthew 4
4 · Centric Brands Inc. · Filed Oct 31, 2018
Insider Transaction Report
Form 4
Eby Matthew
Director10% Owner
Transactions
- Conversion
Common Stock, par value $0.10 per share
2018-10-29+10,803,319→ 12,321,093 total(indirect: See Footnote) - Conversion
Series A Convertible Preferred Stock
2018-10-29−50,000→ 0 total(indirect: See Footnote)From: 2016-01-28→ Common Stock, par value $0.10 (5,852,142 underlying) - Conversion
Series A-1 Convertible Preferred Stock
2018-10-29−4,587,964→ 0 total(indirect: See Footnote)From: 2018-01-18→ Common Stock, par value $0.10 (4,951,177 underlying)
Holdings
- 9,058
Common Stock, par value $0.10 per share
Footnotes (4)
- [F1]Reflects the conversion of 50,000 shares of Series A Convertible Preferred Stock of the Company (the "Series A Preferred Stock") held by TCP Denim, LLC into shares of common stock of the Company. The Series A Preferred Stock converted at the option of the holder without the payment of additional consideration by the holder into a number of shares of Common Stock equal to the quotient of (i) $1,000 (plus, at the option of the holder thereof, the amount of accrued and unpaid dividends thereon, as of the conversion date) divided by (ii) $11.16.
- [F2]Reflects the conversion of 4,587,964 shares of Series A-1 Preferred Stock of the Company (the "Series A-1 Preferred Stock") held by Tengram Capital Partners Fund II, L.P. into shares of common stock of the Company. The Series A-1 Preferred Stock converted at the option of the holder without the payment of additional consideration by the holder into the number of shares of Common Stock equal to the quotient of (i) $3.00 (plus the amount of accrued and unpaid dividends thereon, as of the conversion date) divided by (ii) $3.00.
- [F3]TCP Denim, LLC is managed by its sole member Tengram Capital Partners Fund II, L.P. ("Tengram Fund II"). Tengram Capital Associates II, LLC ("TCA II") is the general partner of Tengram Fund II. The Reporting Person is the co-managing member of TCA II. As such, the Reporting Person may be deemed to beneficially own the securities in the Company held directly by Tengram Fund II and TCP Denim, LLC. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
- [F4]The Series A Convertible Preferred Stock and the Series A-1 Preferred Stock had no expiration date or maturity.