SEC Form 4 · accession 0001638599-16-000712
STANDARD DIVERSIFIED INC. · SDI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Feb 29, 2016
Accepted (ET)
Mar 1, 2016 · 4:22 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F4,F3 | Feb 29, 2016 | S | 3,504,172 | $1.1788 | D | 0 | I | By B. Riley and Co., LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11. This Form 4 is filed jointly by Bryant R. Riley and B. Riley and Co., LLC (collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be member of a reporting group.
- F22. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose.
- F33. Beneficially owned by B. Riley and Co., LLC. Mr. Riley is serving as the Chairman of B. Riley and Co., LLC and Chief Executive Officer of B. Riley Financial Inc., the parent company of B. Riley and Co., LLC. By virtue of his relationship with B. Riley and Co., LLC, Mr. Riley may be deemed to beneficially own the shares beneficially owned by B. Riley and Co., LLC.
- F4As of February 29, 2016 Reporting Persons have disgorged $132,731.11 in short swing profits in connection with a matchable purchase by B. Riley and Co., LLC of 742,344 shares on December 18, 2015 at a purchase price of 1.00 a share.