SEC Form 4 · accession 0001209191-18-018830
LIFETIME BRANDS, INC · LCUT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Thomas E Lynch
10% Owner
Scott Scharfman
10% Owner
Mill Road Capital II GP LLC
10% Owner
Mill Road Capital II, L.P.
10% Owner
Period of report
Mar 6, 2018
Accepted (ET)
Mar 12, 2018 · 4:02 pm EDT
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, $0.01 par valueF1 | holding | — | — | — | 1,628,203 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares reported are directly held by Mill Road Capital II, L.P. (the "Fund"). Mill Road Capital II GP LLC (the "GP") is the sole general partner of the Fund and has sole authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of the Fund. Each of Messrs. Lynch and Scharfman is a management committee director of the GP and has shared authority to vote (or direct the vote of), and to dispose (or direct the disposal) of, these shares on behalf of the GP. Each of the Reporting Persons disclaims beneficial ownership of such shares except to the extent of his or its pecuniary interest therein, if any.
Remarks
Each of the Reporting Persons ceased to be the beneficial owner of more than ten percent of the Issuer's common stock effective March 6, 2018. As a result, the Reporting Persons are no longer subject to Section 16 in connection with their transactions in the Issuer's securities and therefore will no longer report any such transactions on Form 4 or Form 5.