SEC Form 4 · accession 0001140361-18-001095
STANDARD DIVERSIFIED INC. · SDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Standard General L.P.
10% Owner
Soohyung Kim
Officer — See Footnote 3 · Director · 10% Owner
Period of report
Jan 3, 2018
Accepted (ET)
Jan 5, 2018 · 5:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000911649
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.01 (Class A Common Stock)F1,F2,F3 | Jan 3, 2018 | P | 100,000 | $11.55 | A | 7,385,277 | I | See Footnotes |
| Class B Common Stock, par value $0.01 (Class B Common Stock)F1,F2,F3 | Jan 3, 2018 | P | 100,000 | $11.50 | A | 7,360,075 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were acquired in repayment of a debt obligation. For such purpose, shares of Class A Common Stock were valued at $11.55 per share and shares of Class B Common Stock were valued at $11.50 per share.
- F2The securities reported herein are beneficially owned by Standard General L.P. ("Standard General"). Mr. Kim is a director of the general partner of the general partner of Standard General and Chief Investment Officer of Standard General, and in such capacities may be deemed to indirectly beneficially own the securities reported herein. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- F3This Form 4 does not report any pecuniary interest of David Glazek in securities of the Issuer. Mr. Glazek, a director of the Issuer and a partner of Standard General, separately files reports under Section 16.