SEC Form 4 · accession 0001209191-15-015986
Steel Connect LLC · STCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glen M Kassan
Director · Other
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 4:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000914712
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 17, 2015 | A | 18,940 | $0.00 | A | 56,257 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares acquired are shares of restricted stock awarded on February 17, 2015. Except as otherwise provided in a restricted stock agreement between the Reporting Person and the Issuer, the shares of restricted stock vest on January 2, 2016, provided that the reporting person remains a director of the Issuer on such vesting date.
- F2The reporting person is a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Common Stock. The Reporting Person disclaims beneficial ownership of the shares of Common Stock of the Issuer owned directly by the other members of the Section 13(d) group except to the extent of his pecuniary interest therein.