SEC Form 4 · accession 0000070415-16-000117
GP STRATEGIES CORP · GPX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel M. Friedberg
Director
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 4:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000070415
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 31, 2015 | A | 500 | $0.00 | A | 3,516,274 | I | See footnoe |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a portion of the quarterly Director fees for the Reporting Person for the quarter ended December 31, 2015 which were paid in shares of the Issuer's Common Stock directly to Sagard Capital Partners, L.P. ("Sagard Capital").
- F2The amount shown represents transactions in, and beneficial ownership of, the Issuer's securities by Sagard Capital. Sagard Capital Partners Management Corporation (Sagard Management) is the investment manager of Sagard Capital. The Reporting Person is the President and Chief Executive Officer of Sagard Management. The Reporting Person is also the President and Chief Executive Officer of Sagard Capital Partners GP, Inc., the general partner of Sagard Capital. The Reporting Person disclaims beneficial ownership of the securities (except to the extent of his pecuniary interest in such securities), and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.