GILMAN CIOCIA, INC. 4
4 · GILMAN CIOCIA, INC. · Filed Jul 29, 2013
Insider Transaction Report
Form 4
SPH Group Holdings LLC
10% Owner
Transactions
- Sale
Common Stock, par value $0.01
2013-07-25$0.05/sh−1,600,000$84,800→ 8,512,940 total
Footnotes (2)
- [F1]This Form 4 is filed jointly by SPH Group Holdings LLC ("SPHG Holdings"), SPH Group LLC ("SPHG"), Steel Partners Holdings L.P. ("Steel Holdings") and Steel Partners Holdings GP Inc. ("Steel Holdings GP").
- [F2]Shares of Common Stock owned directly by SPHG Holdings. Steel Holdings owns 99% of the membership interests of SPHG. SPHG is the sole member of SPHG Holdings. Steel Holdings GP is the general partner of Steel Holdings, the managing member of SPHG and the manager of SPHG Holdings. Accordingly, each of Steel Holdings, SPHG and Steel Holdings GP may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by SPHG Holdings. Each of Steel Holdings, SPHG and Steel Holdings GP disclaims beneficial ownership of the shares of Common Stock of the Issuer owned directly by SPHG Holdings except to the extent of their pecuniary interest therein.