SEC Form 4/A · accession 0001181431-15-002259
Elah Holdings, Inc. · ELLH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Craig T Bouchard
Officer — CEO · Director
Period of report
Feb 6, 2015
Accepted (ET)
Feb 11, 2015 · 1:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000038984
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 6, 2015 | A | 26,677 | $0.00 | A | 39,177 | D | |
| Common StockF3 | holding | — | — | — | 132,087 | I | By Bouchard 10S LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were granted and issued effective February 6, 2015 ("Grant Date") pursuant to the Amended and Restated Signature Group Holdings, Inc. 2006 Performance Incentive Plan as a discretionary bonus approved by the Board of Directors on February 5, 2015. The number of shares granted reflects the equity portion of Mr. Bouchard's 2014 bonus compensation and represent an amount of $175,000 divided by $6.56, which represents the Board of Directors' determination of fair market value of a share of common stock absent a subscription right, based upon the last sale price of the common stock on the Grant Date. As of the Grant Date, the Company's common stock was trading with an attached subscription right. The shares of restricted stock granted to Mr. Bouchard do not have attached subscription rights.
- F2Includes 26,677 shares of restricted stock which will vest in three installments on the next three anniversary dates of the grant date, ending on February 6, 2018.
- F3Bouchard 10S LLC and Mr. Bouchard may be deemed the beneficial owners of the shares of common stock owned by Bouchard 10S LLC, and over which Bouchard 10S LLC has voting and dispositive power, as Mr. Bouchard is the Managing Member of Bouchard 10S LLC.
Remarks
This Amended Form 4 is being filed to correct a clerical error in the previously filed Form 4, which incorrectly chacterized the transaction as a disposition of 26,677 shares, instead of an acquisition of shares.