Filing Details

Accession Number:
0001405086-10-000272
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-04 16:02:32
Reporting Period:
2010-11-03
Filing Date:
2010-11-04
Accepted Time:
2010-11-04 16:02:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1014669 Sterling Chemicals Inc SCHI Industrial Organic Chemicals (2860) 760502785
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1259927 Marc Lasry C/O Avenue Capital
399 Park Avenue, 6Th Fl.
New York NY 10022
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-11-03 18,818 $2.00 371,000 No 4 S Indirect SEE FOOTNOTES
Common Stock Disposition 2010-11-03 250 $6.00 370,750 No 4 S Indirect SEE FOOTNOTES
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect SEE FOOTNOTES
No 4 S Indirect SEE FOOTNOTES
Footnotes
  1. The securities the disposition of which is reported in this Form 4 were held directly by Avenue Special Situations Fund II, L.P., a Delaware limited partnership ("SSII"). The Reporting Person is (i) the Managing Member of Avenue Capital Management II GenPar, LLC, which is the general partner of Avenue Capital Management II, L.P., which is the registered investment adviser to SSII and (ii) the Managing Member of the Managing Member of the general partner of SSII.
  2. The Reporting Person is deemed to be the indirect beneficial owner of the securities the disposition of which is reported in this Form 4, as well as of the securities reported as beneficially owned following the reported transaction, by reason of his ability to direct the vote and/or disposition of such securities, and his pecuniary interest in such securities (within the meaning of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended) was a fractional interest in such amount. The Reporting Person disclaims beneficial ownership of any and all such amounts in excess of such actual pecuniary interest.