SEC Form 4 · accession 0000899243-15-006851
CIFC Corp. · CIFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
DFR Holdings, LLC
Director · 10% Owner
Period of report
Sep 22, 2014
Accepted (ET)
Oct 19, 2015 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001313918
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK WARRANT (RIGHT TO BUY)F1 | $6.375 | Sep 22, 2014 | D | 2,000,000 | D | Dec 31, 2013 | Sep 24, 2014 | COMMON STOCK | 2,000,000 | 2,000,000 | D |
| COMMON STOCK WARRANT (RIGHT TO BUY)F1 | $6.375 | Sep 22, 2014 | A | 2,000,000 | A | Dec 31, 2013 | Sep 24, 2015 | COMMON STOCK | 2,000,000 | 2,000,000 | D |
| COMMON STOCK WARRANT (RIGHT TO BUY)F2 | $6.375 | Sep 24, 2015 | D | 2,000,000 | D | Dec 31, 2013 | Sep 24, 2015 | COMMON STOCK | 2,000,000 | 2,000,000 | D |
| COMMON STOCK WARRANT (RIGHT TO BUY)F2 | $6.375 | Sep 24, 2015 | A | 2,000,000 | A | Dec 31, 2013 | Jan 24, 2017 | COMMON STOCK | 2,000,000 | 2,000,000 | D |
Explanation of responses
- F1The two reported transactions involved an amendment and restatement of an outstanding warrant to purchase the Issuer's common stock (the "Original Warrant"), which extended the expiration date of the Original Warrant to September 24, 2015 for total consideration of $200,000, resulting in the deemed cancellation of the Original Warrant and the grant of a replacement warrant (the "Replacement Warrant"). These transactions are exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Act") under Rule 16b-3 under the Act. The Original Warrant was issued on December 31, 2013.
- F2The two reported transactions involved an amendment of the Replacement Warrant, which extended the expiration date of the Replacement Warrant to January 24, 2017 for total consideration of $350,000, resulting in the deemed cancellation of the Replacement Warrant and the grant of a new warrant. These transactions are exempt from Section 16(b) of the Act under Rule 16b-3 under the Act.