SEC Form 4 · accession 0001571049-17-005700
STANDARD DIVERSIFIED INC. · SDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth M Young
Director
Period of report
Jun 1, 2017
Accepted (ET)
Jun 5, 2017 · 6:04 pm EDT
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 $0.01F1 | Jun 1, 2017 | J | 2,400 | — | A | 2,400 | D | |
| Class B Common Stock, par value $0.01F2 | Jun 1, 2017 | J | 2,400 | — | A | 2,400 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents compensation paid for service on Board of Directors. These shares were granted in May 2016, subject to vesting upon certain events, which vesting requirements were satisfied on June 1, 2017 upon the consummation of certain transactions by the Issuer.
- F2On June 1, 2017, the Issuer declared a stock dividend, payable to all holders of record of Class A Common Stock on June 2, 2017, of one share of Class B Common Stock for each share of Class A Common Stock outstanding. The Class B Common Stock is convertible into shares of Class A Common Stock on a one-for-one basis.