SEC Form 4 · accession 0001214659-15-002069

Fifth Street Asset Management Inc. · FSAM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

Row II L P Boathouse

10% Owner

Philadelphia Financial Management of San Francisco, LLC

10% Owner

Boathouse Row I, L.P.

10% Owner

Period of report

Mar 5, 2015

Accepted (ET)

Mar 9, 2015 · 9:50 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001611988

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, $0.01 Par Value^F1,F2	Mar 5, 2015	S	9,601	$12.50	D	239,794	I	By Boathouse Row I, L.P.
Common Stock, $0.01 Par Value^F1,F3	Mar 5, 2015	S	1,905	$12.50	D	79,034	I	By Boathouse Row II L.P.
Common Stock, $0.01 Par Value^F1,F2	Mar 6, 2015	S	4,655	$11.87	D	235,319	I	By Boathouse Row I, L.P.
Common Stock, $0.01 Par Value^F1,F3	Mar 6, 2015	S	925	$11.87	D	78,109	I	By Boathouse Row II L.P.

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1This Form 4 is jointly filed by Boathouse Row I, L.P. ("BR1"), Boathouse Row II, L.P. ("BR2") and Philadelphia Financial Management of San Francisco, LLC ("PFM") (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group that no longer owns more than 10% of the Issuer's outstanding shares of Common Stock pursuant to Rule 16a-1(a)(1). Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of its pecuniary interest.
F2Shares of Common Stock owned directly by BR1. PFM is the general partner of BR1. As the general partner of BR1, PFM may be deemed to beneficially own the shares of Common Stock owned directly by BR1.
F3Shares of Common Stock owned directly by BR2. PFM is the general partner of BR2. As the general partner of BR2, PFM may be deemed to beneficially own the shares of Common Stock owned directly by BR2.

Remarks

This Form 4 is jointly filed by Boathouse Row I, L.P. ("BR1"), Boathouse Row II, L.P. ("BR2") and Philadelphia Financial Management of San Francisco, LLC ("PFM") (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group that no longer owns more than 10% of the Issuer's outstanding shares of Common Stock pursuant to Rule 16a-1(a)(1). Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of its pecuniary interest.