13D Filing: Marcato Capital Management and Trinity Place Holdings Inc. (TPHS)

Page 6 of 8 – SEC Filing

CUSIP No. 89656D101
SCHEDULE 13D
Page 6 of 8
Item 3.
Source and Amount of Funds or Other Consideration.
No material change.
Item 4.
Purpose of Transaction.
No material change.
Item 5.
Interest in Securities of the Issuer.
(a)           As of the date hereof, each of Marcato, Mr. McGuire and Marcato International Master Fund, Ltd. may be deemed to be the beneficial owner of 3,898,482 Shares (the “Marcato Shares”), constituting approximately 12.4% of the Shares, based upon a total of 31,445,493 Shares outstanding as of August 9, 2017 (based on disclosure in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2017).
(b)            Marcato International Master Fund, Ltd. may be deemed to have the shared power to vote or direct the vote (and the shared power to dispose or direct the disposition) of 3,898,482 Shares.  Marcato, as the investment manager of Marcato International Master Fund, Ltd., may be deemed to have the shared power to vote or direct the vote (and the shared power to dispose or direct the disposition) of the Marcato Shares. By virtue of Mr. McGuire’s position as the managing partner of Marcato, Mr. McGuire may be deemed to have the shared power to vote or direct the vote (and the shared power to dispose or direct the disposition) of the Marcato Shares and, therefore, Mr. McGuire may be deemed to be the beneficial owner of the Marcato Shares.

Follow Trinity Place Holdings Inc. (OTCMKTS:TPHS)