SEC Form 4 · accession 0001209191-17-000701
Pendrell Corp · PCOA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig McCaw
Director · 10% Owner
Period of report
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 2:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001359555
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Jan 1, 2017 | A | 9,259 | $6.75 | A | 120,667 | D | |
| Class A Common StockF1,F3 | holding | — | — | — | 233,972 | I | By: Eagle River, Inc. | |
| Class A Common StockF1,F4 | holding | — | — | — | 2,069,603 | I | By: Eagle River Satellite Holdings, LLC | |
| Class A Common StockF1,F5 | holding | — | — | — | 1,793,265 | I | By: Eagle River Partners, LLC | |
| Class B Common StockF1,F4 | holding | — | — | — | 4,436,000 | I | By: Eagle River Satellite Holdings, LLC | |
| Class A Common StockF1,F6 | holding | — | — | — | 300,000 | I | By: Eagle River Investments, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The number of shares and price per share reported in this Form 4 reflect the issuer's 1-for-10 reverse stock split of its Class A and Class B common stock that became effective at 5:00 Pacific time on September 30, 2016.
- F2Represents shares issued to the reporting person as compensation for board service provided for the quarter ended December 31, 2016.
- F3The Reporting Person is the sole shareholder of Eagle River, Inc.
- F4The Reporting Person is the sole manager and beneficial member of Eagle River Investments, LLC ("ERI"), which is the sole member of Eagle River Satellite Holdings, LLC ("ERSH") and as such may be deemed to share the power to vote or to direct the vote, or to dispose of or direct the disposition of, the Issuer's securities beneficially owned by ERSH. The Reporting Person disclaims beneficial ownership of the Issuer's securities beneficially owned by ERSH, except to the extent of any pecuniary interest.
- F5The Reporting Person is the beneficial member of Eagle River Partners, LLC ("ERP"), and as such may be deemed to share the power to vote or to direct the vote, or to dispose or direct the disposition of, the Issuer's securities beneficially owned by ERP. The Reporting Person disclaims beneficial ownership of the Issuer's securities directly owned by ERP, except to the extent of any pecuniary interest.
- F6The Reporting Person is the sole manager and beneficial member of ERI, and as such may be deemed to share the power to vote or to direct the voting of, or to dispose or to direct the disposition of, the Issuer's securities beneficially owned by ERI. The Reporting Person disclaims beneficial ownership of the Issuer's securiteis directly owned by ERI, except to the extent of any pecuniary interest.