SEC Form 4 · accession 0001140361-17-024497
DILLARD'S, INC. · DDS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
GREENLIGHT CAPITAL INC
10% Owner
David Einhorn
10% Owner
DME Advisors, LP
10% Owner
DME Advisors GP, L.L.C.
10% Owner
Greenlight Masters, LLC
10% Owner
DME Capital Management, LP
10% Owner
Period of report
Jun 8, 2017
Accepted (ET)
Jun 8, 2017 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000028917
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2,F3,F4 | Jun 8, 2017 | S | 1,300 | $51.496 | D | 75,900 | I | See Footnote |
| Class A Common StockF1,F2,F3,F5 | Jun 8, 2017 | S | 7,800 | $51.496 | D | 431,300 | I | See Footnote |
| Class A Common StockF1,F2,F3,F6 | Jun 8, 2017 | S | 13,525 | $51.496 | D | 863,917 | I | See Footnote |
| Class A Common StockF1,F2,F3,F7 | Jun 8, 2017 | S | 4,700 | $51.496 | D | 335,700 | I | See Footnote |
| Class A Common StockF1,F2,F3,F8 | Jun 8, 2017 | S | 4,500 | $51.496 | D | 342,000 | I | See Footnote |
| Class A Common StockF1,F2,F3,F9 | Jun 8, 2017 | S | 1,300 | $51.496 | D | 91,230 | I | See Footnote |
| Class A Common StockF1,F2,F3,F10 | Jun 8, 2017 | S | 2,000 | $51.496 | D | 375,300 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1David Einhorn is the president of Greenlight Capital, Inc. ("Greenlight Inc."), the senior manager of DME Advisors GP, LLC ("DME GP"), and the senior manager of Greenlight Masters, LLC ("Masters LLC"). DME GP is the general partner of DME Advisors, LP ("DME") and DME Capital Management, LP ("DME CM"). Mr. Einhorn may be deemed to beneficially own the securities reported herein by virtue of his positions with respect to Greenlight Inc., DME GP, and Masters LLC.
- F10DME controls the voting and disposition of 375,300 Shares held for the account of the Managed Account, for which DME serves as the investment manager.
- F2The foregoing entities control the disposition and voting of shares of Class A Common Stock ("Shares") of Dillard's, Inc. (the "Issuer"), owned by the following entities: Greenlight Capital, L.P. ("GCLP"), Greenlight Capital Qualified, L.P. ("GCQP"), Greenlight Capital Offshore Partners ("GCOP"), Greenlight Capital (Gold), LP ("GGLP"), Greenlight Capital Offshore Master (Gold), Ltd. ("GGOM"), Greenlight Masters Partners ("GMP") and an account managed by DME (the "Managed Account," and, together with GCLP, GCQP, GCOP, GGLP, GGOM, Greenlight Inc., DME GP, DME, DME CM, Masters LLC and Mr. Einhorn, the "Greenlight Parties"), in the respective capacities and quantities further described in the footnotes below.
- F3Pursuant to Rule 16a-1 under the Securities Exchange Act of 1934, as amended (the "Act"), the Greenlight Parties disclaim beneficial ownership of the Shares except to the extent of their respective pecuniary interests therein. The filing of this Form 3 shall not be construed as an admission that any of the Greenlight Parties is or was for the purposes of Section 16(a) of the Act, or otherwise, the beneficial owner of any of the Shares owned by GCLP, GCQP, GCOP, GGLP, GGOM, GMP or the Managed Account.
- F4Greenlight Inc. controls the voting and disposition of 75,900 Shares held for the account of GCLP, of which Greenlight Inc. acts as investment manager.
- F5Greenlight Inc. controls the voting and disposition of 431,300 Shares held for the account of GCQP, of which Greenlight Inc. acts as investment manager.
- F6Greenlight Inc. controls the voting and disposition of 863,917 Shares held for the account of GCOP, of which Greenlight Inc. acts as investment manager.
- F7DME CM controls the voting and disposition of 335,700 Shares held for the account of GGLP, of which DME CM acts as investment manager.
- F8DME CM controls the voting and disposition of 342,000 Shares held for the account of GGOM, of which DME CM acts as investment manager.
- F9Masters LLC controls the voting and disposition of 91,230 Shares held for the account of GMP, of which Masters LLC acts as general manager.
Remarks
* The Power of Attorney executed by David Einhorn, authorizing the signatory to sign and file this Schedule 13G on David Einhorn's behalf, filed as Exhibit 99.2 to the Schedule 13G filed with the Securities and Exchange Commission on May 24, 2010 by the Reporting Persons with respect to the common stock of NCR Corporation, is hereby incorporated by reference.