SEC Form 4 · accession 0001209191-15-019986
LHC Group, Inc · LHCG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
COLISEUM CAPITAL PARTNERS L P
Director · 10% Owner
Coliseum Capital, LLC
Director · 10% Owner
Coliseum Capital Management, LLC
Director · 10% Owner
Christopher S Shackelton
Director · 10% Owner
Adam Gray
Director · 10% Owner
Coliseum Capital Partners II, L.P.
Director · 10% Owner
Period of report
Mar 1, 2014
Accepted (ET)
Feb 27, 2015 · 8:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001303313
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2,F3 | — | Mar 1, 2014 | A | 2,600 | A | Mar 1, 2015 | Mar 1, 2015 | Common Stock | 2,600 | 2,600 | I |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock. Each share of phantom stock is entitled to a cash payment equal to the fair market value of a share of the Issuer's common stock as of the payment date based on the closing market price of the common stock on such date.
- F2The phantom stock was received by Christopher Shackelton ("Shackelton") connection with his service as a member of the board of directors of the Issuer. Shackelton has agreed that all equity awards he receives for serving as a director of the issuer shall be issued to Coliseum Capital Partners, L.P. ("CCP")
- F3Shackelton and Adam Gray "(Gray") are managers of and have an ownership interest in each of Coliseum Capital Management, LLC ("CCM") and Coliseum Capital, LLC ("CC"). CCM is the investment manager for CCP, and CC is the general partner of CCP. Accordingly, each of CCM, CC, Shackelton and Gray may be deemed to have an indirect pecuniary interest in the phantom stock held by CCP. Each of CCM, CC, Shackelton, Gray, CCP and Colseum Capital Partners II, L.P disclaim beneficial ownership of the phantom stock, except to the extent of that person's pecuniary interest therein.
Remarks
Christopher Shackelton is a director of the Issuer. As a result, the following persons may be deemed directors by deputization of the Issuer solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended: Coliseum Capital Management, LLC; Coliseum Capital, LLC; Coliseum Capital Partners, L.P.; Coliseum Capital Partners II, L.P.; and Adam Gray.