SEC Form 4 · accession 0000888504-15-000027
LAYNE CHRISTENSEN CO · LAYN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nelson Obus
Director
Period of report
Sep 11, 2015
Accepted (ET)
Sep 15, 2015 · 4:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000888504
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 11, 2015 | P | 60,000 | $6.2143 | A | 243,802 | D | |
| Common StockF2 | Sep 14, 2015 | P | 10,000 | $5.9634 | A | 253,802 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Of the 243,802 shares reported as being held by the reporting person, 14,638 shares are held directly by Mr. Obus and 229,164* shares, are held indirectly by Mr. Obus through Wynnefield Partners Small Cap Value, L.P., Wynnefield Partners Small Cap Value, L.P. I, and Wynnefield Small Cap Value Offshore Fund, Ltd. (collectively, the "Wynnefield Entities"). Mr. Obus disclaims beneficial ownership in such shares except to the extent of his beneficial ownership in the Wynnefield Entities. *The number of shares previously reported as being held by the Wynnefield Entities was inadvertently overstated by 690 shares.
- F2Of the 253,802 shares reported as being held by the reporting person, 14,638 shares are held directly by Mr. Obus and 239,164 shares, are held indirectly by Mr. Obus through the Wynnefield Entities. Mr. Obus disclaims beneficial ownership in such shares except to the extent of his beneficial ownership in the Wynnefield Entities.