SEC Form 4 · accession 0000851968-16-000210
MOHAWK INDUSTRIES INC · MHK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey S Lorberbaum
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Dec 14, 2016
Accepted (ET)
Dec 16, 2016 · 5:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000851968
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Dec 16, 2016 | G | 420,668 | $0.00 | D | 36,659 | D | |
| Common StockF1 | Dec 16, 2016 | G | 420,668 | $0.00 | A | 420,668 | I | Dalton Fund |
| Common StockF2 | Dec 14, 2016 | J | 302,000 | $0.00 | D | 439,140 | I | Dalton Partners |
| Common StockF3 | Dec 14, 2016 | J | 52,000 | $0.00 | D | 334,702 | I | PAS Trust |
| Common Stock | holding | — | — | — | 8,313,785 | I | Aladdin Partners, LP | |
| Common Stock | holding | — | — | — | 194 | I | by Managed Account |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person received 302,000 shares from the Dynasty Trust and 52,000 shares from the PAS Trust, which transactions were exempt under Rule 16a-13 as a change in form of beneficial ownership. The reporting person previously reported his indirect beneficial ownership of all of these shares as held by Dalton Partners and the PAS Trust, respectively. Following these transactions, the reporting person beneficially owned, directly, 457,327 issuer shares. On December 15, 2016, the reporting person transferred by gift 420,668 of such shares to Dalton Fund, L.P. ("Dalton Fund"), which the reporting person controls as manager of Dalton Management Company LLC, the general partner of Dalton Fund. Following this transaction, the reporting person beneficially owns, directly, 36,659 issuer shares.
- F2The reporting person previously reported as indirectly beneficially owned 741,140 issuer shares held by Dalton Partners, L.P. ("Dalton Partners"). On December 14, 2016, Dalton Partners distributed 302,000 issuer shares to The Lorberbaum Dynasty Trust (the "Dynasty Trust"), which the reporting person controls as distribution trustee. On December 14, 2016, the Dynasty Trust distributed the 302,000 issuer shares it received from Dalton Partners to the reporting person directly. The Dynasty Trust no longer holds any issuer shares. The reporting person and the family affiliates retained investment control of the respective amount of shares they controlled prior to the distribution by Dalton Partners and there was no sale or disposition of issuer shares to third parties.
- F3Reflects ownership following the transfer by PAS Trust of 52,000 issuer shares to the reporting person directly, which transaction was exempt under Rule 16a-13 as a change in form of beneficial ownership. Following this transaction, the reporting person beneficially owned, directly, 155,327 issuer shares.