SEC Form 4 · accession 0001140361-18-022231
Health Insurance Innovations, Inc. · HIIQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Fichthorn
Director
Period of report
May 4, 2018
Accepted (ET)
May 8, 2018 · 4:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001561387
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 4, 2018 | P | 3,000 | $26.645 | A | 3,000 | D | |
| Common Stock | May 4, 2018 | P | 2,000 | $26.6441 | A | 5,000 | D | |
| Common StockF2,F1 | holding | — | — | — | 82,258 | I | Held by BRC Partners Opportunity Fund, LP | |
| Common StockF1 | holding | — | — | — | 211,000 | I | Held by Dialectic Antithesis Partners, LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1BR Dialectic Capital Management, LLC is the investment manager of Dialectic Antithesis Partners, LP and, as such, shares voting and dispositive power over the securities held by Dialectic Antithesis Partners, LP. B. Riley Capital Management, LLC is the investment manager of BRC Partners Opportunity Fund, LP (the "BRC Opportunity Fund") and, as such, shares voting and dispositive power over the securities held by the BRC Opportunity Fund. The Reporting Person is a portfolio manager for BR Dialectic Capital Management, LLC and B. Riley Capital Management, LLC and therefore shares voting and dispositive power over the securities, but the Reporting Person disclaims beneficial ownership of any of Issuer's securities in which he does not have a pecuniary interest or that he does not directly own. BR Dialectic Capital Management, LLC and B. Riley Capital Management, LLC are wholly owned subsidiaries of B. Riley Financial, Inc., a publicly traded Delaware corporation (NasdaqCM: RILY).
- F2Represents 54,542 fewer shares than the 136,800 shares reported for the BRC Opportunity Fund on the Reporting Person's Form 3 filed on December 22, 2017, due to a fund reorganization following the date of the Form 3. As a result of the reorganization, BRC Partners Opportunity Fund ceased to hold 54,542 of the originally reported shares, and the Reporting Person does not have voting or dispositive power over securities owned by the successor fund. The Reporting Person did not have a pecuniary interest in the 54,542 shares now held by the successor fund.