SEC Form 4 · accession 0000807249-15-000026
GAMCO INVESTORS, INC. ET AL · GBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mario J Gabelli
Officer — Chairman & CEO · Director · 10% Owner
Period of report
Feb 9, 2015
Accepted (ET)
Feb 10, 2015 · 3:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001060349
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Feb 9, 2015 | G | 10,000 | $0.00 | D | 0 | D | |
| Class B Common StockF2 | Feb 10, 2015 | D | 10,000 | $0.00 | D | 224,942 | D | |
| Class A Common Stock | Feb 10, 2015 | A | 10,000 | $0.00 | A | 10,000 | D | |
| Class A Common Stock | holding | — | — | — | 36,000 | I | By: GGCP, Inc. | |
| Class B Common StockF2,F3 | holding | — | — | — | 18,643,741 | I | By: GGCP Holdings, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mario J. Gabelli exchanged with the Issuer shares of Class B Common Stock ("Class B Stock") for an equal number of shares of Class A Common Stock ("Class A Stock"). These transactions were effected pursuant to Rule 16b-3 under the Securities Act of 1934 for the purpose of exempting such acquisition and disposition.
- F2Pursuant to a resolution approved by the Issuer's Board of Directors, as of the date of this filing, there are 795,086 shares of Class B Stock that can be converted into Class A Stock
- F3These shares of the Issuer's Class B Stock are held by GGCP Holdings, LLC ("Holdings") via GGCP, Inc. ("GGCP"). The Reporting Person may be deemed to have beneficial ownership of the Class B Stock held by Holdings on the basis of (i) his position as the Chief Executive Officer of, a director of, and the controlling shareholder of, GGCP, which is the manager and a majority member of Holdings, and (ii) certain profit interests in Holdings. The Reporting Person disclaims any beneficial ownership of Class B Stock held by Holdings except to the extent of his pecuniary interest therein.