SEC Form 4 · accession 0000921895-16-003745
Lumos Networks Corp. · LMOS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Mar 11, 2016
Accepted (ET)
Mar 15, 2016 · 9:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001520744
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 Par ValueF1,F2,F3 | Mar 11, 2016 | S | 100,000 | $12.59 | D | 565,727 | I | By Archer Select Mandate Master Fund, L.P. |
| Common Stock, $0.01 Par ValueF1,F2,F4,F3 | Mar 14, 2016 | S | 107,710 | $12.468 | D | 458,017 | I | By Archer Select Mandate Master Fund, L.P. |
| Common Stock, $0.01 Par ValueF1,F2,F5,F3 | Mar 15, 2016 | S | 35,663 | $12.526 | D | 422,354 | I | By Archer Select Mandate Master Fund, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is filed jointly by Archer Capital Master Fund, L.P. ("Archer Capital"), Archer Partners GP, LLC ("Archer Partners GP"), Archer Crossbow Master Fund, L.P. ("Archer Crossbow"), Archer Crossbow GP, LLC ("Archer Crossbow GP"), Hastings Master Fund, L.P. ("Hastings"), Archer Hastings GP, LLC ("Archer Hastings GP"), Archer Select Mandate Master Fund, L.P ("Archer Select"), Archer Select Mandate GP, LLC ("Archer Select GP"), Canton GP Holdings, LLC ("Canton GP"), Archer Capital Management, L.P. ("Archer"), Canton Holdings, L.L.C. ("Canton"), Joshua A. Lobel, and Eric J. Edidin (collectively, the "Reporting Persons"). As of March 15, 2016, the Reporting Persons ceased to own in the aggregate more than 10% of the Issuer's outstanding shares of Common Stock.
- F2To enable all of the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the second of two identical reports relating to the same transactions being filed with the Securities and Exchange Commission. Each Reporting Person, as a member of a "group" with the other Reporting Persons for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, may be deemed the beneficial owner of the Shares directly owned by the other Reporting Persons. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
- F3Shares of Common Stock beneficially owned by Archer Select. Archer, as the investment manager of Archer Select, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Archer Select. Each of Archer Select GP, as the general partner of Archer Select, Canton GP, as a manager of Archer Select GP, and Canton, as the general partner of Archer, and Messrs. Lobel and Edidin, as members and managers of Canton, managers of Canton GP, and managing partners of Archer, may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Archer Select.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.403 to $12.605. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 4 and 5 to this Form 4.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.300 to $12.695. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 4 and 5 to this Form 4.