SEC Form 4 · accession 0001144204-17-050104
ASCENT INDUSTRIES CO. · ACNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Ryan Levenson
10% Owner · Other
Privet Fund LP
10% Owner · Other
Privet Fund Management LLC
10% Owner · Other
Period of report
Sep 25, 2017
Accepted (ET)
Sep 27, 2017 · 7:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000095953
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3,F4,F1,F2 | Sep 25, 2017 | P | 22,036 | $11.80 | A | 1,000,919 | I | By Privet Fund LP |
| Common StockF3,F5,F1,F2 | Sep 26, 2017 | P | 16,104 | $11.90 | A | 1,017,023 | I | By Privet Fund LP |
| Common Stock | holding | — | — | — | 49,086 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This report is filed jointly by Privet Fund LP, Privet Fund Management LLC and Ryan Levenson (collectively, the "Reporting Persons"). The Reporting Persons are filing this report because each of the Reporting Persons may be deemed to be a member of a Section 13(d) group disclosed in the Schedule 13D and any amendments thereto filed on behalf of the Reporting Persons and the other members of such group. As of September 27, 2017, the members of this Section 13(d) group collectively owned more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other members of such Section 13(d) group except to the extent of his or its pecuniary interest therein.
- F2As of September 27, 2017, (i) 1,017,023 shares were owned directly by Privet Fund LP and indirectly by Privet Fund Management LLC and Ryan Levenson, and (ii) 49,086 shares were owned directly by Privet Fund Management LLC and indirectly by Ryan Levenson.
- F3The price reported in Column 4 is a weighted average price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, further information regarding the number of shares purchased at each separate price within the range set forth in footnotes (4) and (5) to this Form 4.
- F4These shares were purchased in multiple transactions at prices ranging from $11.05 to $11.90, inclusive.
- F5These shares were purchased in multiple transactions at prices ranging from $11.85 to $12.30, inclusive.