Filing Details

Accession Number:
0000921895-14-002043
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-09-12 19:54:45
Reporting Period:
2014-09-10
Filing Date:
2014-09-12
Accepted Time:
2014-09-12 19:54:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
106618 Handy & Harman Ltd. HNH Coating, Engraving & Allied Services (3470) 133768097
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
27748 Dgt Holdings Corp. C/o Steel Partners Holdings L.p.
590 Madison Avenue, 32Nd Floor
New York NY 10022
No No No Yes
1452857 L.p. Holdings Partners Steel 590 Madison Avenue, 32Nd Floor
New York NY 10022
No No Yes No
1522066 Sph Group Holdings Llc C/o Steel Partners Holdings L.p.
590 Madison Avenue, 32Nd Floor
New York NY 10022
No No Yes No
1522067 Sph Group Llc C/o Steel Partners Holdings L.p.
590 Madison Avenue, 32Nd Floor
New York NY 10022
No No Yes No
1537666 Steel Partners Holdings Gp Inc. C/o Steel Partners Holdings L.p.
590 Madison Avenue, 32Nd 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, Par Value $0.01 Disposition 2014-09-10 97,550 $26.00 0 No 4 S Indirect By DGT Holdings Corp.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By DGT Holdings Corp.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.01 7,131,185 Direct
Footnotes
  1. This Form 4 is filed jointly by DGT Holdings Corp. ("DGT"), Steel Partners Holdings L.P. ("Steel Holdings"), SPH Group LLC ("SPHG"), SPH Group Holdings LLC ("SPHG Holdings") and Steel Partners Holdings GP Inc. ("Steel Holdings GP").
  2. SPHG Holdings owns approximately 83% of the outstanding shares of Common Stock of DGT and by virtue of this ownership may be deemed to have beneficially owned the shares of Common Stock of the Issuer previously owned directly by DGT. As a result of the transaction reported herein, DGT no longer beneficially owns any securities of the Issuer. As a result, DGT ceased to be subject to the reporting requirements of Section 16 with respect to the securities of the Issuer.
  3. Shares owned directly by SPHG Holdings, and owned indirectly by SPHG by virtue of it being the sole member of SPHG Holdings, by Steel Holdings by virtue of its ownership of 99% of the membership interests of SPHG, and by Steel Holdings GP by virtue of it being the general partner of Steel Holdings, the managing member of SPHG and the manager of SPHG Holdings. Steel Holdings, SPHG and Steel Holdings GP disclaim beneficial ownership of the shares owned by SPHG Holdings except to the extent of their pecuniary interest therein.
  4. On August 7, 2014, the Issuer commenced a tender offer to purchase for cash (the "Offer") up to $60 million in value of shares of Common Stock, at a price of $24.00 per share. On August 21, 2014, the Issuer increased the price per share in the Offer to $26.00 per share. DGT tendered into the Offer the 97,550 shares of Common Stock it owned directly. The Offer expired at 5:00 P.M., Eastern Time, on September 5, 2014. On September 10, 2014, the Issuer accepted for payment the 97,550 shares of Common Stock DGT tendered into the Offer for an aggregate consideration of $2,536,300.