SEC Form 4 · accession 0000895813-19-000006
NATIONAL HOLDINGS CORP · NHLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Asher
10% Owner
Period of report
Feb 1, 2019
Accepted (ET)
Feb 14, 2019 · 6:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001023844
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 1, 2019 | P | 1,000 | $3.23 | A | 1,586,274 | I | Through Intracoastal Capital LLC |
| Common StockF3,F4,F5 | Feb 12, 2019 | P | 350,000 | $3.25 | A | 1,936,874 | I | Through Equitec Specialists, LLC |
| Common StockF6,F7 | Feb 12, 2019 | P | 527,932 | $3.25 | A | 2,464,806 | I | Through Sphinx Trading, LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This purchase transaction closed a short position created by Intracoastal Capital LLC before the reporting person became subject to Section 16 of the Securities Exchange Act of 1934 and had no impact on the amount of securities beneficially owned by the reporting person following the transaction. As reported on a Form 4 filed on February 6, 2019, the reporting person owned 1,586,274 shares of common stock following the last transaction the reporting person made in NHLD common stock on January 30, 2019.
- F2The reporting person is a member of the board of managers of Intracoastal Capital LLC.
- F3The right and obligation to acquire these shares was assigned to Equitec Specialists, LLC from NHC Holdings, LLC on February 11, 2019.
- F4As reported on a Form 4 filed on February 6, 2019, the reporting person owned 1,586,874 shares of common stock following the last transaction the reporting person made in NHLD common stock on February 4, 2019.
- F5The reporting person controls 50% of the voting membership interests in Equitec Specialists, LLC.
- F6The right and obligation to acquire these shares was assigned to Sphinx Trading, LP from NHC Holdings, LLC on February 11, 2019.
- F7The reporting person is a member and the president of Oakmont Investments, LLC, the general partner of Sphinx Trading, LP.