Filing Details

Accession Number:
0000919574-20-001280
Form Type:
13G Filing
Publication Date:
2020-02-13 20:29:12
Filed By:
Masters Capital Management
Company:
Secureworks Corp
Filing Date:
2020-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Masters Capital Management 0 286,430 0 286,430 286,430 2.55%
Michael Masters 0 286,430 0 286,430 286,430 2.55%
Filing

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

SecureWorks Corp.
(Name of Issuer)

 

 

CL A
(Title of Class of Securities)

 

 

81374A105
(CUSIP Number)

 

 

December 31, 2019
(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

[x] Rule 13d-1(b)

 

[_] Rule 13d-1(c)

 

[_] Rule 13d-1(d)

 

__________

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

CUSIP No 81374A105    
     
1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Masters Capital Management, LLC  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [_]
     
3. SEC USE ONLY  
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Georgia  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  286,430  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  286,430  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  286,430  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  
    [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  2.55%  
     
12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

OO, IA

 

 

 

 

CUSIP No 81374A105    
     
1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Michael Masters  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [_]
     
3. SEC USE ONLY  
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  United States  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  286,430  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  286,430  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  286,430  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  
    [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  2.55%  
     
12.

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

IN, HC

 

 

 

 

Item 1. (a). Name of Issuer:  
       
    SecureWorks Corp.  

 

  (b). Address of issuer's principal executive offices:  
       
   

One Concourse Parkway NE Suite 500

Atlanta, Georgia 30328

 

 

Item 2. (a). Name of person filing:  
       
   

Masters Capital Management, LLC

Michael Masters

 

 

  (b). Address or principal business office or, if none, residence:  
       
   

Masters Capital Management, LLC

3060 Peachtree Road, Suite 1425

Atlanta, Georgia 30305

United States of America

 

Michael Masters

c/o Masters Capital Management, LLC

3060 Peachtree Road, Suite 1425

Atlanta, Georgia 30305

United States of America

 

 

  (c). Citizenship:  
       
   

Masters Capital Management, LLC - Georgia Limited Liability Company

Michael Masters – United States of America

 

 

  (d).   Title of class of securities:  
       
    CL A  

 

  (e). CUSIP No.:  
       
    81374A105  

 

 

 

Item 3.   If This Statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a

 

  (a) [_] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

  (b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

  (c) [_] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

  (d) [_] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

 

  (e) [X] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

 

  (f) [_] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

 

  (g) [X] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

 

  (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);

 

  (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

  (j)   [_] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);

 

  (k)   [_] Group, in accordance with § 240.13d-1(b)(1)(ii)(K).  If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
     

 

Item 4. Ownership.

 

  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a)   Amount beneficially owned:
     
   

Masters Capital Management, LLC - 286,430

Michael Masters – 286,430

 

  (b)   Percent of class:
     
   

Masters Capital Management, LLC – 2.55%

Michael Masters – 2.55%

 

 

 

  (c)   Number of shares as to which the person has:

 

    (i) Sole power to vote or to direct the vote    
     

Masters Capital Management, LLC - 0

Michael Masters – 0

 
         
    (ii)   Shared power to vote or to direct the vote   ,
     

Masters Capital Management, LLC - 286,430

Michael Masters – 0286,430

 
         
    (iii) Sole power to dispose or to direct the disposition of   ,
     

Masters Capital Management, LLC - 0

Michael Masters – 0

 
         
    (iv)   Shared power to dispose or to direct the disposition of   .
     

Masters Capital Management, LLC - 286,430

Michael Masters – 286,430

   
         

 

Item 5. Ownership of Five Percent or Less of a Class.

 

  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].
   
 

This final amendment reflects that each Reporting Person has ceased to be the beneficial owner of more than five percent of the Class A common stock of the issuer.

 

   

 

Item 6. Ownership of More Than Five Percent on Behalf of Another Person.

 

  If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified.  A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
   
  N/A

 

 

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

 

 

If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.

 

  N/A
   

 

Item 8. Identification and Classification of Members of the Group.

 

 

If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group.

 

  N/A
   

 

Item 9. Notice of Dissolution of Group.

 

 

Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.

 

  N/A
   

 

Item 10. Certification.

 

  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
   

 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

 

 

MASTERS CAPITAL MANAGEMENT, LLC

 

By: /s/ Michael Masters

Michael Masters
Managing Member

 

 

/s/ Michael Masters

Michael Masters

 

Date: February 14, 2020

 

 

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

 

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent.

 

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

 

 

EXHIBIT A

 

AGREEMENT

 

The undersigned agree that this Schedule 13G Amendment No. 1 dated February 14, 2020 relating to the Class A Common Stock of SecureWorks Corp. shall be filed on behalf of the undersigned.

 

 

 

MASTERS CAPITAL MANAGEMENT, LLC

 

By: /s/ Michael Masters

Michael Masters
Managing Member

 

 

/s/ Michael Masters

Michael Masters