4//SEC Filing
SWK Holdings Corp 4
Accession 0001209191-14-072029
$SWKHCIK 0001089907operating
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 6:27 PM ET
Size
21.5 KB
Accession
0001209191-14-072029
Insider Transaction Report
Form 4
Double Black Diamond Offshore Ltd
10% Owner
Transactions
- Exercise of In-Money
Over-Subscription Privilege
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (423,114 underlying) - Exercise of In-Money
Common Stock
2014-11-26$0.86/sh+4,622,604$3,975,439→ 72,679,704 total(indirect: See Footnotes) - Exercise of In-Money
Subscription Right
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (4,199,490 underlying)
Asgard Investment Corp.
10% Owner
Transactions
- Exercise of In-Money
Over-Subscription Privilege
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (423,114 underlying) - Exercise of In-Money
Common Stock
2014-11-26$0.86/sh+4,622,604$3,975,439→ 72,679,704 total(indirect: See Footnotes) - Exercise of In-Money
Subscription Right
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (4,199,490 underlying)
Asgard Investment Corp. II
10% Owner
Transactions
- Exercise of In-Money
Over-Subscription Privilege
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (423,114 underlying) - Exercise of In-Money
Common Stock
2014-11-26$0.86/sh+4,622,604$3,975,439→ 72,679,704 total(indirect: See Footnotes) - Exercise of In-Money
Subscription Right
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (4,199,490 underlying)
CARLSON CAPITAL L P
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2014-11-26$0.86/sh+4,622,604$3,975,439→ 72,679,704 total(indirect: See Footnotes) - Exercise of In-Money
Over-Subscription Privilege
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (423,114 underlying) - Exercise of In-Money
Subscription Right
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (4,199,490 underlying)
Black Diamond Offshore Ltd.
10% Owner
Transactions
- Exercise of In-Money
Subscription Right
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (4,199,490 underlying) - Exercise of In-Money
Common Stock
2014-11-26$0.86/sh+4,622,604$3,975,439→ 72,679,704 total(indirect: See Footnotes) - Exercise of In-Money
Over-Subscription Privilege
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (423,114 underlying)
Carlson Clint Duane
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2014-11-26$0.86/sh+4,622,604$3,975,439→ 72,679,704 total(indirect: See Footnotes) - Exercise of In-Money
Subscription Right
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (4,199,490 underlying) - Exercise of In-Money
Over-Subscription Privilege
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (423,114 underlying)
DOUBLE BLACK DIAMOND L P
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2014-11-26$0.86/sh+4,622,604$3,975,439→ 72,679,704 total(indirect: See Footnotes) - Exercise of In-Money
Over-Subscription Privilege
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (423,114 underlying) - Exercise of In-Money
Subscription Right
2014-11-26−13,149,100→ 0 total(indirect: See Footnotes)Exercise: $0.86From: 2014-11-03Exp: 2014-11-24→ Common Stock (4,199,490 underlying)
Footnotes (3)
- [F1]In connection with the issuer's registered rights offering commenced on November 3, 2014 (the "Rights Offering"), the reporting persons irrevocably exercised their subscription rights and over-subscription privileges to purchase shares of common stock issued in the Rights Offering. Each subscription right was exercisable for 0.345662431 shares of Common Stock. Each over-subscription privilege was exercisable for its pro rata portion of the shares of Common Stock underlying the Rights Offering but not subscribed for pursuant to the exercise of subscription rights. On November 24, 2014, the subscription period ended, and on November 26, 2014 the issuer issued the shares of Common Stock subscribed for in the Rights Offering.
- [F2]The shares of Common Stock of SWK Holdings Corp described herein were acquired directly, and held beneficially, by Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("DOF"), and Black Diamond Offshore Ltd., a Cayman Islands exempted company ("OFF"). Carlson Capital, L.P., a Delaware limited partnership ("Carlson"), serves as investment manager to, and has the power to direct the affairs of, DOF and OFF. Carlson also serves as the investment manager, with the power to direct the affairs, of Double Black Diamond, L.P., a Delaware limited partnership ("DBD LP"), which did not acquire or dispose of any securities in connection with the Rights Offering and which holds a warrant exercisable for 1,000,000 shares of Common Stock.
- [F3](Continued from footnote 2) Asgard Investment Corp. II, a Delaware corporation ("Asgard II"), serves as general partner, and has the power to direct the affairs, of Carlson. Asgard Investment Corp., a Delaware corporation ("Asgard"), is the sole stockholder, and has the power to direct the affairs, of Asgard II. Clint D. Carlson, a U.S. citizen ("Mr. Carlson"), serves as president, and has the power to direct the affairs, of Asgard II, Asgard and Carlson. Each reporting person disclaims beneficial ownership of the securities to which this Form 4 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of such reporting person's pecuniary interest therein.
Documents
Issuer
SWK Holdings Corp
CIK 0001089907
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001089907
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 6:27 PM ET
- Size
- 21.5 KB