SEC Form 4 · accession 0001140361-15-044836
SWK Holdings Corp · SWKH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
DOUBLE BLACK DIAMOND, L.P.
Director · 10% Owner · Other
CARLSON CAPITAL L P
Director · 10% Owner · Other
Asgard Investment Corp.
Director · 10% Owner · Other
Clint Duane Carlson
Director · 10% Owner · Other
Double Black Diamond Offshore Ltd
Director · 10% Owner · Other
Black Diamond Offshore Ltd.
Director · 10% Owner · Other
Asgard Investment Corp. II
Director · 10% Owner · Other
Period of report
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 11:52 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001089907
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 15, 2015 | P | 6,000 | $11.00 | A | 9,018,019 | I | See Footnotes |
| Common StockF1,F2 | Dec 16, 2015 | P | 29,000 | $11.0274 | A | 9,047,019 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares of Common Stock of SWK Holdings Corp described herein were acquired directly, and held beneficially, by Double Black Diamond Offshore Ltd., a Cayman Islands exempted company ("DOF"), and Black Diamond Offshore Ltd., a Cayman Islands exempted company ("OFF"). Carlson Capital, L.P., a Delaware limited partnership ("Carlson"), serves as investment manager to, and has the power to direct the affairs of, DOF and OFF. Carlson also serves as the investment manager, with the power to direct the affairs, of Double Black Diamond, L.P., a Delaware limited partnership ("DBD LP"), which did not acquire or dispose of any securities in connection with the transactions reported herein, but which holds a warrant exercisable for 1,000,000 shares of Common Stock. (Continued in Footnote 2).
- F2Asgard Investment Corp. II, a Delaware corporation ("Asgard II"), serves as general partner, and has the power to direct the affairs, of Carlson. Asgard Investment Corp., a Delaware corporation ("Asgard"), is the sole stockholder, and has the power to direct the affairs, of Asgard II. Clint D. Carlson, a U.S. citizen ("Mr. Carlson"), serves as president, and has the power to direct the affairs, of Asgard II, Asgard and Carlson. Each reporting person disclaims beneficial ownership of the securities to which this Form 4 relates for the purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of such reporting person's pecuniary interest therein.
Remarks
Christopher W. Haga and Michael D. Weinberg, employees of Carlson, serve as directors on the board of directors of the Issuer. Accordingly, Carlson, DOF, OFF, DBD LP, Asgard II, Asgard and Mr. Carlson may be deemed to be directors by deputization.