SEC Form 4 · accession 0000899243-15-000821
DOVER SADDLERY INC · DOVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Glenn J Krevlin
Other
Period of report
Jul 1, 2015
Accepted (ET)
Jul 7, 2015 · 5:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001071625
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 1, 2015 | J | 908,983 | $8.50 | D | 0 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 1, 2015, the Issuer announced the completion of its merger with a company formed by Webster Capital. The Issuer's shareholders, including Glenhill Capital Overseas Master Fund, LP (which directly owned 908,983 shares prior to the merger), received cash consideration of $8.50 per share in the merger. The merger proceeds were distributed to Glenhill Capital Overseas Master Fund, LP on July 3, 2015. Following the merger, Glenhill Capital Overseas Master Fund, LP owned no shares of the Issuer. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.
- F2Mr. Krevlin is managing member and control person of Glenhill Advisors, LLC, and is sole shareholder of Krevlin Management, Inc., which is managing member of Glenhill Capital Advisors, LLC, which is the investment manager of Glenhill Capital Overseas Master Fund, LP, which owned the reported securities (see Footnote 1). Glenhill Advisors, LLC is the managing member of Glenhill Capital Management, LLC, which is the sole shareholder of Glenhill Capital Overseas GP, Ltd., which is the general partner of Glenhill Capital Overseas Master Fund, LP.