SEC Form 4 · accession 0000919574-18-008045
MAGNACHIP SEMICONDUCTOR Corp · MX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
BRIGADE CAPITAL MANAGEMENT, LP
10% Owner
Donald E Morgan III
10% Owner
Brigade Capital Management GP, LLC
10% Owner
Period of report
Dec 13, 2018
Accepted (ET)
Dec 17, 2018 · 7:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001325702
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per shareF1 | Dec 13, 2018 | P | 15,000 | $7.05 | A | 3,111,935 | I | See Footnote |
| Common Stock, par value $.01 per shareF2 | Dec 13, 2018 | P | 200,000 | $6.90 | A | 3,155,706 | D | |
| Common Stock, par value $.01 per shareF2 | Dec 13, 2018 | P | 300,000 | $7.07 | A | 3,455,706 | D | |
| Common Stock, par value $.01 per shareF3 | holding | — | — | — | 3,611,935 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported securities are directly owned by private fund clients of Brigade Capital Management, LP. The reported securities may be deemed beneficially owned by Brigade Capital Management, LP, the investment manager of such private fund clients, Brigade Capital Management GP, LLC, the general partner of Brigade Capital Management, LP, and Donald E. Morgan, III, the managing member of Brigade Capital Management GP, LLC, each a Reporting Person. Brigade Capital Management, LP, Brigade Capital Management GP, LLC and Mr. Morgan each disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed to be an admission that each Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F2The reported securities are directly owned by Brigade Leveraged Capital Structures Fund Ltd.
- F3The reported securities are directly owned by Brigade Leveraged Capital Structures Fund Ltd. and by certain private fund clients of Brigade Capital Management, LP. The reported securities may be deemed beneficially owned by Brigade Capital Management, LP, the investment manager of such private fund clients, Brigade Capital Management GP, LLC, the general partner of Brigade Capital Management, LP, and Donald E. Morgan, III, the managing member of Brigade Capital Management GP, LLC, each a Reporting Person. Brigade Capital Management, LP, Brigade Capital Management GP, LLC and Mr. Morgan each disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed to be an admission that each Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.