SEC Form 4 · accession 0001144204-18-040176
Sequential Brands Group, Inc. · SQBG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martha Stewart
Officer — Founder & Chief Creative Offcr · Director · 10% Owner
Period of report
Jul 24, 2018
Accepted (ET)
Jul 26, 2018 · 4:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001648428
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 24, 2018 | A | 300,000 | $0.00 | A | 304,848 | D | |
| Common StockF2,F3 | Jul 24, 2018 | F | 106,050 | $2.12 | D | 198,798 | D | |
| Common StockF4 | holding | — | — | — | 9,585 | I | See Footnote | |
| Common StockF5 | holding | — | — | — | 11,981 | I | See Footnote | |
| Common StockF6 | holding | — | — | — | 51,913 | I | See Footnote | |
| Common StockF7 | holding | — | — | — | 8,032,910 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Ms. Stewart was awarded 300,000 restricted stock units ("RSUs"), par value $0.01, of Sequential Brands Group, Inc. The RSUs vest immediately on July 24, 2018.
- F2The shares reported in column 4 represent shares withheld solely for tax purposes.
- F3Closing market price of the common stock of the Company on the transaction date.
- F4Consists of 9,585 shares of common stock of the Issuer held by the Martha Stewart 1999 Family Trust (the "1999 Trust"). Ms. Stewart is a co-trustee of the 1999 Family Trust and holds sole decision-making authority with respect to investment of the assets of such trust.
- F5Consists of 11,981 shares of common stock of the Issuer held by the Martha Stewart 2000 Family Trust (the "2000 Trust"). Ms. Stewart is a co-trustee of the 2000 Trust.
- F6Consists of 51,913 shares of common stock of the Issuer held by the Martha and Alexis Stewart Charitable Foundation (the "Foundation"). Ms. Stewart is a co-trustee of the Foundation.
- F7Consists of 8,032,910 shares of common stock of the Issuer held by the Martha Stewart Family Limited Partnership ("MSFLP"). MSFLP reported having shared voting and investment power over its shares. Ms. Stewart is the sole trustee of the Martha Stewart 2012 Revocable Trust, the sole general partner of MSFLP.