Filing Details

Accession Number:
0000898382-10-000020
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2010-06-08 13:00:00
Reporting Period:
2010-03-18
Filing Date:
2010-06-08
Accepted Time:
2010-06-08 16:59:22
Original Submission Date:
2010-05-25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1386926 Kkr Financial Holdings Llc KFN Finance Services (6199) 113801844
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
898382 G Leon Cooperman 88 Pine Street
Wall St Plaza 31St Floor
New York NY 10005
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 Acquisiton 2010-05-17 220,000 $7.89 6,738,213 No 4 P Indirect Managed Accounts
Common Stock Acquisiton 2010-05-18 300,000 $7.88 7,038,213 No 4 P Indirect Managed Accounts
Common Stock Acquisiton 2010-05-19 205,000 $7.75 7,243,213 No 4 P Indirect Managed Accounts
Common Stock Acquisiton 2010-05-20 43,800 $7.45 7,287,013 No 4 P Indirect Managed Accounts
Common Stock Acquisiton 2010-05-19 5,000 $7.75 6,972,354 No 4 P Indirect Investment Entities
Common Stock Acquisiton 2010-05-20 56,200 $7.45 7,028,554 No 4 P Indirect Investment Entities
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Managed Accounts
No 4 P Indirect Managed Accounts
No 4 P Indirect Managed Accounts
No 4 P Indirect Managed Accounts
No 4 P Indirect Investment Entities
No 4 P Indirect Investment Entities
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock 7.5% Convertible Senior Notes due 2017 Disposition 2010-03-18 0 $7.68 261,396 $8.18
Common Stock 7.5% Convertible Senior Notes due 2017 Disposition 2010-03-18 0 $7.68 155,933 $8.18
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2017-01-15 No 4 S Indirect
0 2017-01-15 No 4 S Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,000,000 Direct
Common Stock 200,000 Indirect Cooperman Foundation
Common Stock 10,360 Indirect JCF Metrowest Foundation
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock 7% Convertible Senior Notes due 2012 $31.00 2012-07-15 161,291 161,291 Direct
Common Stock 7.5% Convertible Senior Notes due 2017 $8.18 2017-01-15 733,228 733,228 Direct
Common Stock 7.5% Convertible Senior Notes due 2017 $8.18 2017-01-15 1,222,046 1,222,046 Indirect
Common Stock 7.5% Convertible Senior Notes due 2017 $8.18 2017-01-15 73,323 73,323 Indirect
Common Stock 7.5% Convertible Senior Notes due 2017 $8.18 2017-01-15 48,882 48,882 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2012-07-15 161,291 161,291 Direct
2017-01-15 733,228 733,228 Direct
2017-01-15 1,222,046 1,222,046 Indirect
2017-01-15 73,323 73,323 Indirect
2017-01-15 48,882 48,882 Indirect
Footnotes
  1. This report is being amended to include the March 18, 2010 transactions listed on Table II, to correct a typographical error in the conversion price of the 7.5% Convertible Senior Notes due 2017, and to correct a typographical error in the purchase price of the 300,000 shares of Common Stock acquired on 5/18/2010.
  2. Represents weighted average purchase price. Full information regarding the number of shares purchased at each separate price will be provided by the reporting person upon request to the staff of the SEC, the Issuer, or a security holder of the Issuer.
  3. The securities are held in managed accounts over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  4. The securities are held in the accounts of private investment entities over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  5. The securities are held in the account of the Leon & Toby Cooperman Foundation over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  6. The securities are held in the account of the JCF Metrowest Foundation over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  7. The Notes are convertible (i) at any time prior to the close of business on the business day preceding any redemption of the notes, to the extent such notes are called for redemption, (ii) upon the satisfaction of certain market price or trading price conditions or the occurrence of certain specified transactions or (iii) at any time between June 15, 2012 and the close of business on the business day preceding the stated maturity date, July 15, 2012.
  8. The Notes are convertible at the Company's option either for the number of shares of common stock listed in Table II, for cash or for a combination thereof.
  9. Subject to adjustment.
  10. The Notes are convertible at any time prior to the close of business on the business day preceding (i) any redemption of the notes; to the extent such notes are called for redemption, (ii) any termination of conversion rights or (iii) the stated maturity date, January 15, 2017.
  11. The securities are held in the account of a family limited partnership over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  12. The securities are held in the account of the NJ Performing Arts Foundation over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  13. Represents the principal amount of the Notes.