SEC Form 4 · accession 0000905148-18-000773
Select Interior Concepts, Inc. · SIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Solace Capital Special Situations Fund, L.P.
10% Owner · Other
Solace Capital Partners, L.P.
10% Owner · Other
Solace General Partner, LLC
10% Owner · Other
Gateway Securities Holdings, LLC
10% Owner · Other
Period of report
Sep 25, 2018
Accepted (ET)
Sep 26, 2018 · 9:42 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001723866
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Sep 25, 2018 | P | 500,000 | $10.20 | A | 4,036,439 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This figure reflects the 36,439 shares of Class A Common Stock ("Common Stock") the Reporting Persons received on August 15, 2018, in connection with the special stock dividend declared by the Issuer on August 15, 2018, and payable to all holders of Common Stock on August 15, 2018. This stock dividend payment was exempt from Section 16 of the Securities Exchange Act of 1934, as amended, by Rule 16a-9(a) thereunder.
- F2Solace Capital Partners, L.P. ("Solace Capital") is the investment manager of, and Solace General Partner, LLC ("Solace GP") is the general partner of, Solace Capital Special Situations Fund, L.P. ("Solace Special Situations"), which is the 100% owner of Gateway Securities Holdings, LLC, which directly holds the Common Stock reported herein. Each of Solace Capital and Solace GP disclaims beneficial ownership of the shares of Common Stock reported herein, except to the extent of its pecuniary interest, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Remarks
Brett Wyard, a managing partner of each of the general partner of Solace Capital and of Solace GP, serves on the Board as a representative of Solace Capital. By virtue of his representation on the Board, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons are deemed to be directors of the Issuer by deputization.