Filing Details

Accession Number:
0000905148-24-000957
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-15 19:44:20
Reporting Period:
2024-03-08
Accepted Time:
2024-03-15 19:44:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1953366 Star Holdings STHO () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
48966 Cowen And Company, Llc 599 Lexington Avenue, 20Th Floor
New York NY 10022
No No No No
1355007 Cowen Holdings, Inc. 599 Lexington Avenue, 20Th Floor
New York NY 10022
No No No No
1466538 Cowen Inc. 599 Lexington Avenue, 20Th Floor
New York NY 10022
No No No No
1506502 Cowen Overseas Investment Lp 599 Lexington Avenue, 20Th Floor
New York NY 10022
No No No No
1613404 Rcg Lv Pearl Llc 599 Lexington Avenue, 20Th Floor
New York NY 10022
No No No 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 Shares Of Beneficial Interest Acquisiton 2024-03-08 11,472 $12.20 1,000,920 No 4 P Indirect By Cowen Overseas Investment LP
Common Shares Of Beneficial Interest Disposition 2024-03-08 7,013 $12.21 993,907 No 4 S Indirect By Cowen Overseas Investment LP
Common Shares Of Beneficial Interest Acquisiton 2024-03-08 4,431 $12.26 347,203 No 4 P Indirect By Cowen and Company, LLC
Common Shares Of Beneficial Interest Acquisiton 2024-03-11 4,595 $12.03 998,502 No 4 P Indirect By Cowen Overseas Investment LP
Common Shares Of Beneficial Interest Disposition 2024-03-11 1,500 $11.95 997,002 No 4 S Indirect By Cowen Overseas Investment LP
Common Shares Of Beneficial Interest Acquisiton 2024-03-11 448 $11.91 347,651 No 4 P Indirect By Cowen and Company, LLC
Common Shares Of Beneficial Interest Acquisiton 2024-03-12 1,100 $11.75 998,102 No 4 P Indirect By Cowen Overseas Investment LP
Common Shares Of Beneficial Interest Disposition 2024-03-12 17,700 $11.85 980,402 No 4 S Indirect By Cowen Overseas Investment LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Cowen Overseas Investment LP
No 4 S Indirect By Cowen Overseas Investment LP
No 4 P Indirect By Cowen and Company, LLC
No 4 P Indirect By Cowen Overseas Investment LP
No 4 S Indirect By Cowen Overseas Investment LP
No 4 P Indirect By Cowen and Company, LLC
No 4 P Indirect By Cowen Overseas Investment LP
No 4 S Indirect By Cowen Overseas Investment LP
Footnotes
  1. This Form 4 is filed jointly by Cowen Inc., Cowen Overseas Investment LP ("COIL"), Cowen and Company, LLC ("Cowen and Company"), Cowen Holdings, Inc. ("Cowen Holdings") and RCG LV Pearl LLC ("RCG", and collectively, the "Reporting Persons").
  2. Each of the Reporting Persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934, as amended (the "Exchange Act"), or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
  3. Represents securities owned directly by COIL. RCG is the sole owner of COIL. Cowen Inc. is the sole member of RCG. In such capacities, each of RCG and Cowen Inc. may be deemed to beneficially own the securities owned directly by COIL, but disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
  4. Represents securities owned directly by Cowen and Company. Cowen Holdings is the sole member of Cowen and Company. RCG is the sole owner of Cowen Holdings. Cowen Inc. is the sole member of RCG. In such capacities, each of Cowen Holdings, RCG and Cowen Inc. may be deemed to beneficially own the securities owned directly by Cowen and Company, but disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
  5. The transaction was executed in multiple trades in prices ranging from $12.11 to $12.27, inclusive. The price reported in Column 4 above reflects the weighted average purchase price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the range set forth in this footnote.
  6. The transaction was executed in multiple trades in prices ranging from $12.19 to $12.40, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  7. The transaction was executed in multiple trades in prices ranging from $12.139 to $12.392, inclusive. The price reported in Column 4 above reflects the weighted average purchase price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the range set forth in this footnote.
  8. The transaction was executed in multiple trades in prices ranging from $11.90 to $12.12, inclusive. The price reported in Column 4 above reflects the weighted average purchase price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the range set forth in this footnote.
  9. The transaction was executed in multiple trades in prices ranging from $11.89 to $12.08, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  10. The transaction was executed in multiple trades in prices ranging from $11.73 to $11.77, inclusive. The price reported in Column 4 above reflects the weighted average purchase price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the range set forth in this footnote.
  11. The transaction was executed in multiple trades in prices ranging from $11.805 to $11.875, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
  12. The sales by COIL on March 6, 2024 (reported on a separate Form 4) and on March 8 and March 11, 2024 (reported herein) of an aggregate 7,513 shares were matchable under Section 16(b) of the Exchange Act with the purchases by COIL and Cowen and Company of an aggregate 7,513 shares on March 6 and March 7, 2024 (reported on a separate Form 4) and on March 11 and March 12, 2024 (reported herein). The Reporting Persons have agreed to deliver a payment to the Issuer in the amount of $2,284.27, which represents the full amount of the profit realized in connection with these short-swing transactions under Section 16(b) of the Exchange Act.