SEC Form 4 · accession 0001209191-17-066054
Quest Resource Holding Corp · QRHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Dec 13, 2017
Accepted (ET)
Dec 15, 2017 · 6:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001442236
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Dec 13, 2017 | S | 22,445 | $2.0465 | D | 1,622,466 | I | By Stockbridge Enterprises, L.P. |
| Common StockF4,F3 | Dec 14, 2017 | S | 45,000 | $2.0948 | D | 1,577,466 | I | By Stockbridge Enterprises, L.P. |
| Common StockF5 | holding | — | — | — | 3,705,863 | I | By Southwest Green Investments, L.L.C. | |
| Common StockF6 | holding | — | — | — | 1,500 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were sold pursuant to a 10b5-1 Trading Plan dated November 6, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.034143 to $2.050167, inclusive. The reporting person undertakes to provide to Quest Resource Holding Corporation (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F3The shares are owned directly by Stockbridge Enterprises, L.P. ("Stockbridge"), of which Mitchell A. Saltz ("Saltz") controls the investment decisions. Stockbridge is owned by a limited partnership in which Saltz owns an indirect interest.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.021211 to $2.11, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F5The shares are owned directly by Southwest Green Investments, L.L.C. ("Southwest Green"), a ten percent owner of the Company, and indirectly by Saltz. Saltz is a director and a ten percent owner of the Company, and controls the investment decisions of Southwest Green. Southwest Green is owned by a limited partnership in which Saltz owns an indirect interest.
- F6The shares are owned directly by the Saltz & Noreen Revocable Family Trust.