Filing Details
- Accession Number:
- 0001209191-13-050993
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-11-06 16:10:15
- Reporting Period:
- 2013-11-04
- Filing Date:
- 2013-11-06
- Accepted Time:
- 2013-11-06 16:10:15
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1281774 | Town Sports International Holdings Inc | CLUB | Services-Membership Sports & Recreation Clubs (7997) | 200640002 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1422167 | Daniel Gallagher | 5 Penn Plaza New York NY 10001 | Chief Financial Officer | No | Yes | No | 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, Par Value $0.001 | Acquisiton | 2013-11-04 | 7,500 | $2.12 | 80,174 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 | Disposition | 2013-11-04 | 7,500 | $12.76 | 72,674 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.001 | Acquisiton | 2013-11-05 | 7,500 | $2.12 | 80,174 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 | Disposition | 2013-11-05 | 7,500 | $12.75 | 72,674 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 | Stock Option (right to buy) | Disposition | 2013-11-04 | 7,500 | $0.00 | 7,500 | $2.12 |
| Common Stock, Par Value $0.001 | Stock Option (right to buy) | Disposition | 2013-11-05 | 7,500 | $0.00 | 7,500 | $2.12 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 42,500 | 2010-12-11 | 2019-12-11 | No | 4 | M | Direct |
| 35,000 | 2010-12-11 | 2019-12-11 | No | 4 | M | Direct |
Footnotes
- The exercise of the options and sale of the underlying shares reported in this Form 4 were effected to pay income tax obligations on the restricted stock that vested on October 30, 2013 and October 31, 2013.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.69 to $12.88,inclusive. The reporting person undertakes to provide to Town Sports International Holdings, Inc., any security holder of Town Sports International Holdings, Inc., or the staff of the Securities andExchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.69 to $12.84,inclusive. The reporting person undertakes to provide to Town Sports International Holdings, Inc., any security holder of Town Sports International Holdings, Inc., or the staff of the Securities andExchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- These options were granted on December 11, 2009 and began to vest in four equal annual installments commencing on December 11, 2010, the first anniversary of the grant date.
Billionaire Hedge Funds
