Filing Details

Accession Number:
0001144204-18-036386
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-06-28 17:02:13
Reporting Period:
2018-06-28
Accepted Time:
2018-06-28 17:02:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
911148 Cadus Corp KDUS Real Estate (6500) 133660391
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
921669 C Carl Icahn C/O Icahn Associates Holding Llc
767 Fifth Ave., Suite 4700
New York NY 10153
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 2018-06-28 8,463,402 $1.61 26,288,080 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote
Footnotes
  1. Represents shares of common stock ("Shares") acquired in connection with the merger of Cadus Merger Sub LLC, a Delaware limited liability company and a wholly-owned subsidiary of Starfire Holding Corporation ("Starfire"), with and into Cadus Corporation (the "Issuer"), with the Issuer continuing as the surviving entity after the merger (the "Merger"). The Merger was consummated on June 28, 2018, and, in connection therewith, all Shares were cancelled. Such Shares (other than (i) Shares owned by Starfire, Cadus Merger Sub LLC, or any of their respective subsidiaries or affiliates (other than the Issuer or any of its management), (ii) Shares owned by the Issuer or the Issuer's subsidiaries, and (iii) Shares for which appraisal rights have been properly and validly perfected and not validly withdrawn or lost) were automatically converted into the right to receive the merger consideration.
  2. As a result of the Merger, Starfire directly owns 26,288,080 Shares. Mr. Icahn holds 99.52% of the outstanding shares of Starfire and as a result has an indirect beneficial ownership of the Shares.