Filing Details

Accession Number:
0001209191-13-007886
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-02-11 20:08:15
Reporting Period:
2013-02-08
Filing Date:
2013-02-11
Accepted Time:
2013-02-11 20:08:15
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1325702 Magnachip Semiconductor Corp MX Semiconductors & Related Devices (3674) 830406195
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1259927 Marc Lasry C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
No No Yes No
1317338 Avenue Capital Management Ii, L.p. C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
No No Yes No
1338744 Avenue Special Situations Fund Iv Lp C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
Yes No Yes No
1382345 Avenue Cdp Global Opportunities Fund Lp C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
Yes No No No
1389850 Avenue Capital Management Ii Genpar, Llc C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
No No Yes No
1389864 Avenue Capital Partners Iv, Llc C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
No No Yes No
1389865 Gl Partners Iv, Llc C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
No No Yes No
1401178 Avenue Special Situations Fund V Lp C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
Yes No Yes No
1458583 Gl Partners V, Llc C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
No No Yes No
1458587 Avenue Capital Partners V, Llc C/O Avenue Capital Management Ii, L.p.
399 Park Avenue, 6Th Floor
New York NY 10022
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.01 Par Value Disposition 2013-02-08 2,376,656 $0.00 1,899,118 No 4 S Direct
Common Stock, $0.01 Par Value Disposition 2013-02-08 2,966,439 $0.00 2,370,398 No 4 S Direct
Common Stock, $0.01 Par Value Disposition 2013-02-08 406,905 $0.00 325,146 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.01 Par Value 2,166,652 Indirect See Footnote
Common Stock, $0.01 Par Value 722,264 Indirect See Footnote
Footnotes
  1. The filing of this Form 4 shall not be construed as an admission that Avenue Capital Partners IV, LLC ("Capital Partners IV"), GL Partners IV, LLC ("GL Partners IV"), Avenue Capital Partners V, LLC ("Capital Partners V"), GL Partners V, LLC ("GL Partners V"), Avenue Capital Management II, L.P. ("Avenue Capital Management"), Avenue Capital Management II GenPar, LLC ("Avenue Capital Management GenPar") or Marc Lasry (collectively, the "Controlling Persons") is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Common Stock of the Issuer directly held by Avenue Special Situations Fund IV, L.P. ("Fund IV"), Avenue Special Situations Fund V, L.P., Avenue-CDP Global Opportunities Fund, L.P., Avenue International Master, L.P. and Avenue Investments, L.P. Pursuant to Rule 16a-1, the Controlling Persons disclaim such beneficial ownership except to the extent of their pecuniary interest therein.
  2. After giving effect to the transactions reported herein, Fund IV holds directly 1,899,118 shares of Common Stock of the Issuer. Capital Partners IV serves as the general partner of Fund IV, and GL Partners IV serves as the managing member of Capital Partners IV. Each of Capital Partners IV and GL Partners IV holds indirectly the 1,899,118 shares of Common Stock of the Issuer held directly by Fund IV. Capital Partners IV is entitled to receive a performance-based allocation from Fund IV and GL Partners IV, as the managing member of Capital Partners IV, has an indirect interest in such allocation. Mr. Lasry owns an interest in Capital Partners IV and GL Partners IV and receives a portion of the profits allocation related to Fund IV.
  3. After giving effect to the transactions reported herein, Avenue Special Situations Fund V, L.P. ("Fund V") holds directly 2,370,398 shares of Common Stock of the Issuer. Capital Partners V serves as the general partner of Fund V, and GL Partners V serves as the managing member of Capital Partners V. Each of Capital Partners V and GL Partners V holds indirectly the 2,370,398 shares of Common Stock of the Issuer held directly by Fund V. Capital Partners V is entitled to receive a performance-based allocation from Fund V and GL Partners V, as the managing member of Capital Partners V, has an indirect interest in such allocation. Mr. Lasry owns an interest in Capital Partners V and GL Partners V and receives a portion of the profits allocation related to Fund V.
  4. After giving effect to the transactions reported herein, Avenue-CDP Global Opportunities Fund, L.P. ("Avenue-CDP") holds directly 325,146 shares of Common Stock of the Issuer. Avenue Global Opportunities Fund GenPar, LLC ("Global GenPar") serves as the general partner of Avenue-CDP. Global GenPar holds indirectly the 325,146 shares of Common Stock of the Issuer held directly by Avenue-CDP. Global GenPar is entitled to receive a performance-based allocation from Avenue-CDP. Mr. Lasry owns an interest in Global GenPar and receives a portion of the profits allocation related to Avenue-CDP.
  5. Mr. Lasry may be deemed to have a pecuniary interest in the 2,166,652 shares of Common Stock held directly by Avenue International Master, L.P. ("Avenue International Master") due to the portion of the profits allocation related to Avenue International Master he receives.
  6. Mr. Lasry may be deemed to have a pecuniary interest in the 722,264 shares of Common Stock held directly by Avenue Investments, L.P. ("Avenue Investments") due to the portion of the profits allocation related to Avenue Investments he receives.
  7. Price $13.81125