SEC Form 4 · accession 0000899243-16-025620
USMD Holdings, Inc. · USMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick P. Cummings
Director
Period of report
Jul 22, 2016
Accepted (ET)
Jul 25, 2016 · 11:59 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001507881
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock ($.01 par value)F1 | Jul 22, 2016 | J | 102 | $3.90 | A | 36,728 | I | Indirectly held through UANT Ventures, L.P. |
| Common Stock ($.01 par value)F2 | Jul 22, 2016 | J | 26 | $2.17 | D | 36,702 | I | Indirectly held through UANT Ventures, L.P. |
| Common Stock ($.01 par value) | holding | — | — | — | 20,259 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Dr. Cummings purchased additional partnership interests in UANT Ventures, L.P. ("Ventures"), which resulted in an increase in his indirect beneficial ownership of the shares of the issuer's common stock held by Ventures.
- F2As reported in a Form 4 filed on May 6, 2016, Dr. Cummings acquired additional partnership interests in Ventures, which increased his indirect beneficial ownership of the shares of the issuer's common stock held by Ventures. There was an error in the calculation of the amount of partnership interests Dr. Cummings was entitled to acquire in that transaction, which resulted in Dr. Cummings' acquisition of more partnership interests in Ventures than was intended. To correct the miscalculation, on July 22, 2016, Dr. Cummings disposed of some of his partnership interests in Ventures, which decreased his indirect beneficial ownership of the issuer.