4//SEC Filing
Highland Distressed Opportunities, Inc. 4
Accession 0001209191-09-030789
CIK 0001373641operating
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 5:40 PM ET
Size
10.5 KB
Accession
0001209191-09-030789
Insider Transaction Report
Form 4
Transactions
- Sale
Common Shares par value $0.001 per share
2009-06-02$2.33/sh−131,501$306,397→ 864,988.17 total(indirect: See Footnotes)
DONDERO JAMES D
President
Transactions
- Sale
Common Shares par value $0.001 per share
2009-06-02$2.33/sh−131,501$306,397→ 864,988.17 total(indirect: See Footnotes)
Footnotes (5)
- [F1]Highland Capital Management, L.P. ("Highland Capital") transferred the shares of the issuer (the "Shares") to a participant in Highland Capital's Amended and Restated 2005 HCMLP Option Plan in connection with the exercise by such participant of an option to acquire the Shares which was granted under the Plan
- [F2]This statement is filed by and on behalf of each of the following persons (collectively, the "Reporting Persons"): Highland Capital and James D. Dondero ("Dondero").
- [F3]Mr. Dondero is the President and a director of Strand Advisors, Inc. ("Strand"), the general partner of Highland Capital; he may be deemed to beneficially own shares owned and/or held by and/or for the account of and/or for the benefit of Strand and/or Highland Capital.
- [F4]Each of the Reporting Persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this statement.
- [F5]Each of the Reporting Persons may be deemed to be a member of a group with respect to the issuer or securities of the issuer for the purposes of Section 13(d) or 13(g) of the Act. Each of the Reporting Persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any group with respect to the issuer or any securities of the issuer.
Issuer
Highland Distressed Opportunities, Inc.
CIK 0001373641
Entity typeoperating
Related Parties
1- filerCIK 0001373641
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 5:40 PM ET
- Size
- 10.5 KB