SEC Form 4 · accession 0001140361-15-026053
SELECT MEDICAL HOLDINGS CORP · SEM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
NORTH TIDE CAPITAL, LLC
10% Owner
Conan Laughlin
10% Owner
North Tide Capital Master, LP
10% Owner
Period of report
Jun 26, 2015
Accepted (ET)
Jun 30, 2015 · 4:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001320414
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 26, 2015 | S | 145,000 | $16.7741 | D | 13,305,000 | I | See Footnotes |
| Common StockF1,F2 | Jun 26, 2015 | S | 500 | $16.84 | D | 13,304,500 | I | See Footnotes |
| Common StockF1,F2 | Jun 26, 2015 | S | 150,000 | $16.48 | D | 13,154,500 | I | See Footnotes |
| Common StockF1,F2 | Jun 29, 2015 | S | 19,400 | $16.544 | D | 13,135,100 | I | See Footnotes |
| Common StockF1,F2 | Jun 29, 2015 | S | 115,100 | $16.2758 | D | 13,020,000 | I | See Footnotes |
| Common StockF1,F2 | Jun 29, 2015 | S | 20,000 | $16.09 | D | 13,000,000 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares reported herein represent: as of the close of business on June 26, 2015, (i) 11,999,290 shares held by North Tide Capital Master, LP (the "Master Fund") and (ii) 1,275,000 shares held by held by a managed account (the "Account"); and as of the close of business on June 29, 2015, (i) 11,844,790 shares held by the Master Fund and (ii) 1,275,000 shares held by the Account. North Tide Capital, LLC ("North Tide") serves as investment manager for the Master Fund and the Account. Mr. Laughlin serves as manager of North Tide. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that any of the Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934 or for any other purpose.
- F2Transaction effected by the Master Fund.