SEC Form 4 · accession 0001209191-16-090155
Elah Holdings, Inc. · ELLH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raj Maheshwari
Director
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 7:49 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 | Jan 4, 2016 | A | 10,586 | $0.00 | A | 45,205 | D | |
| Common StockF2 | holding | — | — | — | 111,996 | I | By Charlestown Capital Advisors LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of restricted common stock were issued under the Real Industry, Inc. Amended and Restated 2015 Equity Award Plan. Such shares will vest in full on January 1, 2017. Independent directors received an annual grant of restricted stock equal to $85,000 divided by the closing price of the Company's stock on the day prior to issuance. Vesting will be accelerated in the event of a change in control of the Company, death or disability of Mr. Maheshwari or in the event Mr. Maheshwari is not re-elected to the Board or is not nominated for election to the Board by the Company after indicating a willingness to serve.
- F2The managing director of Charleston Capital Advisors LLC is Raj Maheshwari, and Mr. Maheshwari may be deemed to have voting and dispositive power with respect to the shares held by Charleston Capital Advisors LLC. Mr. Maheshwari disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Maheshwari is the beneficial owner of the shares for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.