SEC Form 4 · accession 0000950142-15-002236
INNOVATE Corp. · VATE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
HRG GROUP, INC.
10% Owner
Period of report
Oct 15, 2015
Accepted (ET)
Oct 15, 2015 · 4:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001006837
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 15, 2015 | S | 4,678,395 | $7.50 | D | 0 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares of the Issuer reported herein were held in the name of a wholly owned subsidiary of HRG Group, Inc. ("HRG") by the name of HGI Funding, LLC ("HGI Funding"). HRG did not own directly any securities of the Issuer. However, as a result of HRG's ownership of all of HGI Funding's equity, HRG may have been deemed to beneficially own the securities of the Issuer that were directly owned by HGI Funding.