SPH SPV-I LLC 4
Accession 0001193805-20-000383
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 9:56 PM ET
Size
19.5 KB
Accession
0001193805-20-000383
Insider Transaction Report
- Purchase
Common Units no par value
2020-03-18$6.40/sh+400$2,560→ 170,426 total(indirect: By Steel Partners, Ltd.) - Purchase
Common Units no par value
2020-03-19$6.13/sh+4,000$24,520→ 174,426 total(indirect: By Steel Partners, Ltd.)
- 94,922
Common Units no par value
- 1,540,706(indirect: By LLC)
Common Units no par value
- 6,362,920(indirect: By LLC)
Common Units no par value
- 500,000(indirect: By 2019 GRAT)
Common Units no par value
- 750,000(indirect: By 2020 GRAT)
Common Units no par value
- 192,701(indirect: By 2018 GRAT)
Common Units no par value
- 410,787
6% Series A Preferred Units
- Purchase
Common Units no par value
2020-03-18$6.40/sh+400$2,560→ 170,426 total(indirect: By Steel Partners, Ltd.) - Purchase
Common Units no par value
2020-03-19$6.13/sh+4,000$24,520→ 174,426 total(indirect: By Steel Partners, Ltd.)
- 1,540,706(indirect: By LLC)
Common Units no par value
- 750,000(indirect: By 2020 GRAT)
Common Units no par value
- 94,922
Common Units no par value
- 6,362,920(indirect: By LLC)
Common Units no par value
- 192,701(indirect: By 2018 GRAT)
Common Units no par value
- 500,000(indirect: By 2019 GRAT)
Common Units no par value
- 410,787
6% Series A Preferred Units
- Purchase
Common Units no par value
2020-03-18$6.40/sh+400$2,560→ 170,426 total(indirect: By Steel Partners, Ltd.) - Purchase
Common Units no par value
2020-03-19$6.13/sh+4,000$24,520→ 174,426 total(indirect: By Steel Partners, Ltd.)
- 500,000(indirect: By 2019 GRAT)
Common Units no par value
- 94,922
Common Units no par value
- 1,540,706(indirect: By LLC)
Common Units no par value
- 192,701(indirect: By 2018 GRAT)
Common Units no par value
- 750,000(indirect: By 2020 GRAT)
Common Units no par value
- 410,787
6% Series A Preferred Units
- 6,362,920(indirect: By LLC)
Common Units no par value
- Purchase
Common Units no par value
2020-03-19$6.13/sh+4,000$24,520→ 174,426 total(indirect: By Steel Partners, Ltd.) - Purchase
Common Units no par value
2020-03-18$6.40/sh+400$2,560→ 170,426 total(indirect: By Steel Partners, Ltd.)
- 750,000(indirect: By 2020 GRAT)
Common Units no par value
- 1,540,706(indirect: By LLC)
Common Units no par value
- 192,701(indirect: By 2018 GRAT)
Common Units no par value
- 500,000(indirect: By 2019 GRAT)
Common Units no par value
- 410,787
6% Series A Preferred Units
- 94,922
Common Units no par value
- 6,362,920(indirect: By LLC)
Common Units no par value
Footnotes (8)
- [F1]This Form 4 is filed jointly by WGL Capital LLC ("WGL"), Steel Partners, Ltd. ("SPL"), SPH SPV-I LLC ("SPH SPV") and Warren G. Lichtenstein (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding Common Units. 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 Common Units held by a grantor retained annuity trust ("2018 GRAT"). Mr. Lichtenstein, as the sole trustee and sole annuitant of the 2018 GRAT, may be deemed to beneficially own the Common Units held by the 2018 GRAT.
- [F3]Mr. Lichtenstein, as the Managing Member of SPH SPV, may be deemed to beneficially own the Common Units owned directly by SPH SPV.
- [F4]Mr. Lichtenstein, as the Chief Executive Officer and a control person of SPL, may be deemed to beneficially own the Common Units owned directly by SPL.
- [F5]SPL, as the sole Member of WGL, and Mr. Lichtenstein, as the Manager of WGL and the Chief Executive Officer and a control person of SPL, may be deemed to beneficially own the Common Units owned directly by WGL.
- [F6]Represents Common Units held by a grantor retained annuity trust ("2019 GRAT"). Mr. Lichtenstein, as the sole trustee and sole annuitant of the 2019 GRAT, may be deemed to beneficially own the Common Units held by the 2019 GRAT.
- [F7]The Form 4 filed by the Reporting Persons on December 12, 2019 discloses ownership of 844,922 Common Units held directly by Mr. Lichtenstein. Since the filing of the Form 4, 750,000 of the Common Units held by Mr. Lichtenstein were transferred to a grantor retained annuity trust ("2020 GRAT") of which Mr. Lichtenstein is the sole trustee and sole annuitant.
- [F8]Represents Common Units held by the 2020 GRAT. Mr. Lichtenstein, as the sole trustee and sole annuitant of the 2020 GRAT, may be deemed to beneficially own the Common Units held by the 2020 GRAT. The total number of Common Units held by the 2020 GRAT reflects the transfer described in Footnote 7.
Documents
Issuer
STEEL PARTNERS HOLDINGS L.P.
CIK 0001452857
Related Parties
1- filerCIK 0001606923
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 9:56 PM ET
- Size
- 19.5 KB