SEC Form 4 · accession 0001140361-17-045508
Green Brick Partners, Inc. · GRBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Third Point LLC
10% Owner
Daniel S Loeb
10% Owner
THIRD POINT PARTNERS QUALIFIED L P
10% Owner
THIRD POINT PARTNERS LP
10% Owner
Third Point Ultra Master Fund L.P.
10% Owner
Third Point Reinsurance Ltd.
10% Owner
Third Point Reinsurance Co Ltd.
10% Owner
Third Point Reinsurance (USA) Ltd.
10% Owner
Period of report
Dec 6, 2017
Accepted (ET)
Dec 8, 2017 · 5:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001373670
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3,F1,F2 | Dec 6, 2017 | J | 0 | $11.10 | A | 8,083,022 | I | See Footnotes |
| Common Stock, par value $0.01 per share ("Common Stock") | holding | — | — | — | 128,245 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities disclosed in this Form 4 are owned by (i) certain funds (the "Funds") managed by Third Point LLC ("Third Point") and by (ii) Third Point Reinsurance Company Ltd. ("Third Point Re") and Third Point Reinsurance (USA) Ltd. ("Third Point Re US"), with respect to which Third Point LLC is the investment manager. Daniel S. Loeb is the Chief Executive Officer of Third Point. By reason of the provisions of Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), Third Point and Mr. Loeb may be deemed to be the beneficial owners of the securities beneficially owned by the Funds and by Third Point Re and Third Point Re US.
- F2Third Point and Mr. Loeb each disclaims beneficial ownership of these securities except to the extent of any indirect pecuniary interest therein, and this report shall not be deemed to be an admission that Third Point or Mr. Loeb is the beneficial owner of these securities for purposes of Section 16 of the Act, and the rules promulgated thereunder or for any other purpose. Each of Third Point Partners L.P. ("Third Point LP"), Third Point Partners Qualified L.P. ("Third Point Qualified"), Third Point Offshore Master Fund L.P. ("Third Point Offshore"), Third Point Ultra Master Fund L.P. ("Third Point Ultra"), Third Point Re and Third Point Re US hereby disclaims beneficial ownership of any securities reported herein other than those which it directly holds, for purposes of Section 16 of the Act and the rules promulgated thereunder or for any other purpose.
- F3This Form 4 is being filed as a result of ordinary course rebalancing transactions which resulted in no change in the aggregate Common Stock beneficially owned by the Funds, Third Point Re and Third Point Re US. In connection with such rebalancing, the following transactions reported were consummated: (a) Third Point Offshore purchased 603,616 shares of Common Stock, (b) Third Point Ultra purchased 1,205,124 shares of Common Stock, (c) Third Point Re purchased 282,299 shares of Common Stock, (d) Third Point Re US purchased 34,716 shares of Common Stock, (e) Third Point LP sold 1,750,609 shares of Common Stock and (e) Third Point Qualified sold 375,146 shares of Common Stock. All of the rebalancing transactions were effected at the same time.
Remarks
List of Exhibits: Exhibit 99.1 - Joint Filer Information