SEC Form 4 · accession 0001106191-17-000054
WILLIAM LYON HOMES · WLH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
GMT CAPITAL CORP
10% Owner
Period of report
Dec 11, 2017
Accepted (ET)
Dec 13, 2017 · 11:56 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001095996
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common - Class AF1,F2,F3,F4 | Dec 11, 2017 | S | 19,607 | $28.85 | D | 3,731,610 | D | |
| Common - Class AF1,F2,F5,F6 | Dec 12, 2017 | S | 6,493 | $28.73 | D | 3,725,117 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is being jointly filed by Bay Resource Partners, L.P., a Delaware limited partnership (Bay), Bay II Resource Partners, L.P., a Delaware limited partnership (Bay II), Bay Resource Partners Offshore Master Fund, L.P., an exempted limited partnership organized under the laws of the Cayman Islands (Offshore Fund), GMT Capital Corp., a Georgia corporation (GMT Capital), and Thomas E. Claugus, a United States citizen (Claugus). The foregoing persons are hereinafter sometimes collectively referred to as the Reporting Persons. Each of the Reporting Persons listed herein have the same address as the designated filer in Item 1 of this Form 4.
- F2GMT Capital, the general partner of Bay and Bay II has the power to direct the affairs of Bay and Bay II, including the voting and disposition of shares. As the discretionary investment manager of the Offshore Fund and certain other accounts, GMT Capital has power to direct the voting and disposition of shares held by the Offshore Fund and such accounts. Mr. Claugus is the President of GMT Capital and in that capacity directs the operations of each of Bay and Bay II and the voting and disposition of shares held by the Offshore Fund and separate client accounts managed by GMT Capital. GMT Capital and Mr. Claugus may be deemed to beneficially own indirect pecuniary interest as the result of performance-based fees and profit allocations. Each of GMT Capital and Mr. Claugus disclaims such beneficial ownership except to the extent ultimately realized.
- F3The aggregate number of shares of common stock sold on December 11, 2017, was 19,607 shares and such shares were sold by the Reporting Persons in the following amounts: Bay = 5,300 shares; Bay II = 4,100 shares; Offshore Fund = 9,107 shares; GMT Capital = 300 shares; Claugus = 800 shares.
- F43,731,610 shares of common stock is the aggregate number of shares of common stock owned by the Reporting Persons as of December 11, 2017, and is owned as follows: Bay = 1,019,510 shares directly owned by it; Bay II = 784,480 shares directly owned by it; Offshore Fund = 1,721,120 shares directly owned by it; GMT Capital = 60,100 shares of common stock beneficially owned by it with respect to separate client accounts managed by it; Claugus = 146,400 shares directly owned by him.
- F5The aggregate number of shares of common stock sold on December 12, 2017, was 6,493 shares and such shares were sold by the Reporting Persons in the following amounts: Bay = 1,800 shares; Bay II = 1,400 shares; Offshore Fund = 2,993 shares; GMT Capital = 100 shares; Claugus = 200 shares.
- F63,725,117shares of common stock is the aggregate number of shares of common stock owned by the Reporting Persons as of December 12, 2017, and is owned as follows: Bay = 1,017,710 shares directly owned by it; Bay II = 783,080 shares directly owned by it; Offshore Fund = 1,718,127 shares directly owned by it; GMT Capital = 60,000 shares of common stock beneficially owned by it with respect to separate client accounts managed by it; Claugus = 146,200 shares directly owned by him.