SEC Form 4 · accession 0000950142-18-002232
LIFETIME BRANDS, INC · LCUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
David Jaffe
10% Owner
Bruce G Pollack
10% Owner
Centre Capital Investors V LP
10% Owner
Centre Partners V, L.P.
10% Owner
Centre Partners V LLC
10% Owner
JRJ V LP
10% Owner
Harwich Road V LP
10% Owner
Harwich Road Inc.
10% Owner
JRJ Inc.
10% Owner
Period of report
Nov 12, 2018
Accepted (ET)
Nov 14, 2018 · 6:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874396
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01, per shareF1,F2,F3,F4,F5,F6 | Nov 12, 2018 | P | 5,212 | $10.225 | A | 5,598,328 | I | See footnotes |
| Common Stock, par value $0.01, per shareF1,F7,F3,F4,F5,F6 | Nov 13, 2018 | P | 15,041 | $10.2324 | A | 5,613,369 | I | See footnotes |
| Common Stock, par value $0.01, per shareF1,F8,F3,F4,F5,F6 | Nov 14, 2018 | P | 7,960 | $10.3724 | A | 5,621,329 | I | See footnotes |
| Common Stock, par value $0.01, per shareF6,F9 | holding | — | — | — | 7,086 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock purchased in open market transactions by Centre Capital Investors V, L.P. ("Centre Investors"). Centre Partners V, L.P. ("Centre Partners LP") is the sole general partner of Centre Investors.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.975 to $10.25, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F3Includes 5,593,116 shares of common stock directly held by Taylor Parent, LLC ("Taylor Parent").
- F4CP Taylor GP, LLC ("CP Taylor") has the authority to appoint the board of directors of Taylor Parent. Centre Partners, L.P. is the sole member of CP Taylor and the general partner of Centre Investors. Centre Partners V LLC ("Centre Partners") is the general partner of Centre Partners LP. JRJ V LP ("JRJ LP") and Harwich Road V LP ("Harwich Road LP") are co-managers of Centre Partners. JRJ Inc. ("JRJ") is the general partner of JRJ LP. Harwich Road Inc. ("Harwich Road") is the general partner of Harwich Road LP. Bruce Pollack is the president of JRJ. David Jaffe is the president of Harwich Road. (Cont'd in FN 5)
- F5(Cont'd from FN 4) As such, Centre Partners LP, Centre Partners, JRJ LP, Harwich Road LP, JRJ, Harwich Road, Bruce Pollack and David Jaffe may be deemed to beneficially own the shares of the Issuer owned directly by Centre Investors and CP Taylor, Centre Partners LP, Centre Partners, JRJ LP, Harwich Road LP, JRJ, Harwich Road, Bruce Pollack and David Jaffe may be deemed to beneficially own the shares of the Issuer owned directly by Taylor Parent.
- F6Each of the Reporting Persons disclaims beneficial ownership of the shares of the Issuer except to the extent of their respective pecuniary interest therein.
- F7The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.12 to $10.25, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F8The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.295 to $10.40, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- F9These shares are directly owned by Mr. Pollack.