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Filing Details

Accession Number:
0001104659-17-062017
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-10-12 20:32:58
Reporting Period:
2017-10-10
Accepted Time:
2017-10-12 20:32:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1136294 Global Power Equipment Group Inc. GLPW () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
948904 Al Et L Jeffrey Gendell 1 Sound Shore Drive
Suite 304
Greenwich CT 06830-7251
No No Yes No
1482608 Tontine Capital Overseas Master Fund Ii, L.p. 1 Sound Shore Drive
Suite 304
Greenwich CT 06830-7251
No No Yes No
1482609 Tontine Asset Associates, L.l.c. 1 Sound Shore Drive
Suite 304
Greenwich CT 06830-7251
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 Acquisiton 2017-10-10 105,554 $2.45 1,980,854 No 4 P Indirect See Footnotes
Common Stock, $0.01 Par Value Acquisiton 2017-10-11 139,728 $2.48 2,120,582 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
Footnotes
  1. This report is filed jointly by Tontine Capital Overseas Master Fund II, L.P., a Cayman Islands limited partnership ("TCP 2"), Tontine Asset Associates, L.L.C., a Delaware limited liability company ("TAA") and Jeffrey L. Gendell ("Mr. Gendell"). Mr. Gendell is the managing member of TAA, the general partner of TCP 2.
  2. On October 10, 2017, TCP 2 acquired 105,554 shares of Common Stock at a weighted average price of $2.45 per share. These shares were acquired in multiple transactions at prices ranging from $2.45 to $2.48, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote.
  3. On October 11, 2017, TCP 2 acquired 139,728 shares of Common Stock at a weighted average price of $2.48 per share. These shares were acquired in multiple transactions at prices ranging from $2.45 to $2.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares acquired at each separate price within the range set forth in this footnote.
  4. TCP 2 directly owns all 2,120,582 shares of Common Stock reported herein.
  5. All of the foregoing securities may be deemed to be beneficially owned by Mr. Gendell and/or by TAA. Mr. Gendell disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by Mr. Gendell or representing Mr. Gendell's pro rata interest in, and interest in the profits of, TAA and TCP 2. TAA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TAA or representing TAA's pro rata interest in, and interest in the profits of, TCP 2.