SEC Form 4 · accession 0000070415-16-000252
GP STRATEGIES CORP · GPX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel D. Robinson
Director
Period of report
Sep 30, 2016
Accepted (ET)
Oct 4, 2016 · 4:07 pm EDT
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 | Sep 30, 2016 | A | 250 | $0.00 | A | 250 | D | |
| Common StockF2,F3 | Sep 30, 2016 | A | 250 | $0.00 | A | 3,576,765 | I | See footnote |
| Common StockF4,F5,F3 | Sep 30, 2016 | P | 3,881 | $24.7748 | A | 3,580,646 | I | See footnote |
| Common StockF4,F6,F3 | Oct 3, 2016 | P | 3,407 | $24.7629 | A | 3,584,053 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a portion of the quarterly Director fees for the quarter ended September 30, 2016 paid to the Reporting Person in shares of the Registrant's Common Stock.
- F2Represents the portion of the quarterly Director fees attributable to Daniel Friedberg's service on the Board for the quarter ended September 30, 2016 which were paid in shares of the Issuer's Common Stock directly to Sagard Capital Partners, L.P. ("Sagard").
- F3Sagard is the direct beneficial owner of the Shares. The amount shown represents transactions in, and beneficial ownership of, the Issuer's securities by Sagard. Sagard Capital Partners Management Corporation (Sagard Management) is the investment manager of Sagard. The Reporting Person is the President of Sagard Management and is also the President of Sagard Capital Partners GP, Inc., the general partner of Sagard. 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.
- F4Consists of shares of common stock, par value, $0.01 per share, of GPX ("Shares") acquired pursuant to a Rule 10b5-1 purchase plan entered into by Sagard on August 8, 2016.
- F5The price represents the weighted average purchase price of multiple transactions on the reported date at prices between $24.00 and $25.00. Detailed information regarding the number of Shares purchased at each separate price will be provided upon request by the Commission, the issuer, or a security holder of the issuer.
- F6The price represents the weighted average purchase price of multiple transactions on the reported date at prices between $24.58 and $24.83. Detailed information regarding the number of Shares purchased at each separate price will be provided upon request by the Commission, the issuer, or a security holder of the issuer.