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Filing Details

Accession Number:
0001144204-19-027076
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-17 16:41:14
Reporting Period:
2019-05-16
Accepted Time:
2019-05-17 16:41:14
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1591956 Sphere 3D Corp ANY () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1166564 Cyrus Capital Partners, L.p. 65 East 55 Street
35Th Floor
New York NY 10022
No No Yes No
1166774 Cyrus Capital Partners Gp, Llc C/o Cyrus Capital Partners, L.p.
65 East 55Th Street, 35Th Floor
New York NY 10022
No No Yes No
1251783 C Stephen Freidheim C/o Cyrus Capital Partners, L.p.
65 East 55Th Street, 35Th Floor
New York NY 10022
No No Yes No
1530547 S.a.r.l. Holdings Fbc C/o Cyrus Capital Partners, L.p.
65 East 55Th Street, 35Th 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 Disposition 2019-05-16 125,315 $2.08 145,301 No 4 S Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnotes
Footnotes
  1. The Common Shares of Sphere 3D Corp. (the "Issuer") were directly owned, and sold, by FBC Holdings S.a r.l. ("FBC").
  2. The price per share reported in Column 4 is a weighted average price. These Common Shares were sold in multiple transactions at prices ranging US$2.05 to US$2.29, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities Exchange Commission, upon request, full information regarding the number of Common Shares sold at each separate price within the range set forth in this footnote.
  3. This statement is being filed by Cyrus Capital Partners, L.P. ("Cyrus"), FBC, Cyrus Capital Partners GP, L.L.C. ("Cyrus GP"), and Stephen C. Freidheim (each of Cyrus, FBC, Cyrus GP, and Mr. Freidheim, collectively the "Reporting Persons"). FBC, is a wholly owned subsidiary of certain funds advised and managed by Cyrus, each of which are private investment funds engaged in the business of acquiring, holding and disposing of investments in various companies.
  4. Cyrus is the manager of FBC and the investment manager of each private fund holding an interest in FBC. Cyrus GP is the general partner of Cyrus. Mr. Freidheim is the sole member/manager of Cyrus GP. Mr. Freidheim is also the Chief Investment Officer of Cyrus.
  5. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that each Reporting Person was, for the purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities of the Issuer held by the Reporting Persons, and such beneficial ownership was and is expressly disclaimed by the Reporting Persons except to the extent of their pecuniary interest.