SEC Form 4 · accession 0001181431-15-003740

Elah Holdings, Inc. · ELLH

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

Reporting owner

Raj Maheshwari

Director

Period of report

Feb 27, 2015

Accepted (ET)

Mar 3, 2015 · 4:09 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 Stock	Feb 27, 2015	M	12,457	$5.64	A	34,619	D
Common Stock^F1	Feb 27, 2015	X	64,479	$5.64	A	179,309	I	By Charlestown Capital Advisors LLC
Common Stock^F2	Feb 27, 2015	X	9,643	$5.64	A	34,059	I	Family custodial accounts and trusts

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Subscription Rights (right to buy)	$5.64	Feb 27, 2015	M	22,162	D	Jan 28, 2015	Feb 20, 2015	Common Stock	12,457	D
Subscription Rights (right to buy)^F1	$5.64	Feb 27, 2015	X	114,730	D	Jan 28, 2015	Feb 20, 2015	Common Stock	64,479	I
Subscription Rights (right to buy)	$5.64	Feb 27, 2015	X	17,156	D	Jan 28, 2015	Feb 20, 2015	Common Stock	9,643	I

Explanation of responses

F1Mr. Maheshwari is the managing director of Charlestown Capital Advisors, LLC.
F2Includes additional 11 shares not reported previously due to administrative error.

Remarks

As previously reported by the Issuer, each subscription right issued in its rights offering entitled the holder to purchase 0.562 shares of its common stock at an exercise price of $5.64 per share. The issuance of shares in the rights offering was contingent on the Issuer closing its acquisition of the global recycling and specification alloys (GRSA) business from Aleris Corporation, which occurred on February 27, 2015.