Filing Details
- Accession Number:
- 0000921895-20-001340
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-05-11 20:06:13
- Reporting Period:
- 2020-05-07
- Accepted Time:
- 2020-05-11 20:06:13
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1452857 | Steel Partners Holdings L.p. | SPLP | () | NY |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1005784 | G Warren Lichtenstein | C/O Steel Partners Holdings L.p. 590 Madison Avenue, 32Nd Floor New York NY 10022 | Executive Chairman | Yes | Yes | Yes | No |
| 1504325 | Steel Partners, Ltd. | 590 Madison Avenue, 32Nd Floor New York NY 10022 | No | No | Yes | No | |
| 1547324 | Wgl Capital Llc | 590 Madison Avenue, 32Nd Floor New York NY 10022 | No | No | Yes | No | |
| 1606923 | Sph Spv-I Llc | 590 Madison Avenue, 32Nd Floor New York NY 10022 | No | No | No | Yes |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Units No Par Value | Acquisiton | 2020-05-07 | 200 | $4.95 | 199,729 | No | 4 | P | Indirect | By Steel Partners, Ltd. |
| Common Units No Par Value | Acquisiton | 2020-05-07 | 98 | $4.97 | 199,827 | No | 4 | P | Indirect | By Steel Partners, Ltd. |
| Common Units No Par Value | Acquisiton | 2020-05-08 | 300 | $4.92 | 200,127 | No | 4 | P | Indirect | By Steel Partners, Ltd. |
| Common Units No Par Value | Acquisiton | 2020-05-08 | 300 | $4.94 | 200,427 | No | 4 | P | Indirect | By Steel Partners, Ltd. |
| Common Units No Par Value | Acquisiton | 2020-05-08 | 200 | $4.95 | 200,627 | No | 4 | P | Indirect | By Steel Partners, Ltd. |
| Common Units No Par Value | Acquisiton | 2020-05-08 | 400 | $4.97 | 201,027 | No | 4 | P | Indirect | By Steel Partners, Ltd. |
| Common Units No Par Value | Acquisiton | 2020-05-08 | 232 | $4.98 | 201,259 | No | 4 | P | Indirect | By Steel Partners, Ltd. |
| Common Units No Par Value | Acquisiton | 2020-05-08 | 400 | $4.99 | 201,659 | No | 4 | P | Indirect | By Steel Partners, Ltd. |
| Common Units No Par Value | Acquisiton | 2020-05-08 | 3,000 | $5.00 | 204,659 | No | 4 | P | Indirect | By Steel Partners, Ltd. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | By Steel Partners, Ltd. |
| No | 4 | P | Indirect | By Steel Partners, Ltd. |
| No | 4 | P | Indirect | By Steel Partners, Ltd. |
| No | 4 | P | Indirect | By Steel Partners, Ltd. |
| No | 4 | P | Indirect | By Steel Partners, Ltd. |
| No | 4 | P | Indirect | By Steel Partners, Ltd. |
| No | 4 | P | Indirect | By Steel Partners, Ltd. |
| No | 4 | P | Indirect | By Steel Partners, Ltd. |
| No | 4 | P | Indirect | By Steel Partners, Ltd. |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Units No Par Value | 537,623 | Direct | |
| Common Units No Par Value | 1,540,706 | Indirect | By SPH SPV-I LLC |
| Common Units No Par Value | 6,362,920 | Indirect | By WGL Capital LLC |
| Common Units No Par Value | 500,000 | Indirect | By 2020 GRAT #2 |
| Common Units No Par Value | 500,000 | Indirect | By 2020 GRAT #3 |
| 6% Series A Preferred Units | 410,787 | Direct |
Footnotes
- This Form 4 is filed jointly by WGL Capital LLC ("WGL"), Steel Partners, Ltd. ("SPL"), SPH SPV-I LLC ("SPH SPV") and Warren G. Lichtenstein (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding Common Units. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of his or its pecuniary interest therein.
- Mr. Lichtenstein, as the Managing Member of SPH SPV, may be deemed to beneficially own the Common Units owned directly by SPH SPV.
- Mr. Lichtenstein, as the Chief Executive Officer and a control person of SPL, may be deemed to beneficially own the Common Units owned directly by SPL.
- SPL, as the sole Member of WGL, and Mr. Lichtenstein, as the Manager of WGL and the Chief Executive Officer and a control person of SPL, may be deemed to beneficially own the Common Units owned directly by WGL.
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- Represents Common Units held by a grantor retained annuity trust ("2020 GRAT#2"). Mr. Lichtenstein, as the sole trustee and sole annuitant of the 2020 GRAT#2, may be deemed to beneficially own the Common Units held by the 2020 GRAT#2.
- Represents Common Units held by a grantor retained annuity trust ("2020 GRAT#3"). Mr. Lichtenstein, as the sole trustee and sole annuitant of the 2020 GRAT#3, may be deemed to beneficially own the Common Units held by the 2020 GRAT#3.
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