SEC Form 4 · accession 0000919574-18-008220
MEDLEY MANAGEMENT INC. · MDLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
JAM PARTNERS, L.P.
10% Owner
Sy Jacobs
10% Owner
JACOBS ASSET MANAGEMENT, LLC
10% Owner
JAM Managers, LLC
10% Owner
Period of report
Dec 27, 2018
Accepted (ET)
Dec 31, 2018 · 4:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001611110
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, $.01 par valueF2 | Dec 27, 2018 | P | 24,354 | $3.79 | A | 719,769 | I | See Footnote |
| Class A Common Stock, $.01 par valueF2 | Dec 28, 2018 | P | 23,700 | $3.89 | A | 743,469 | I | See Footnote |
| Class A Common Stock, $.01 par valueF2 | Dec 31, 2018 | P | 6,400 | $3.84 | A | 749,869 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities are held in account(s) managed indirectly by Jacobs Asset Management, LLC (the "Reporting Person"). The Reporting Person disclaims beneficial ownership in the account(s) except to the extent of his pecuniary interest, if any therein.
- F2The securities are held in the account of JAM Partners, L.P. and may be deemed to be indirectly beneficially owned by the Reporting Person, because it serves as the investment manager to such account(s), by JAM Managers, LLC, as the General Partner of JAM Partners, L.P. and Sy Jacobs, as the Managing Member of the Reporting Person. The Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.