Filing Details
- Accession Number:
- 0000950103-13-006936
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-11-27 19:28:06
- Reporting Period:
- 2013-11-26
- Filing Date:
- 2013-11-27
- Accepted Time:
- 2013-11-27 19:28:06
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1371446 | Fbr & Co. | FBRC | Security Brokers, Dealers & Flotation Companies (6211) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1483298 | J Adam Klein | C/O Crestview Advisors, L.l.c. 667 Madison Avenue, 10Th Floor New York NY 10065 | Yes | No | 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 Per Share ("Common Stock") | Acquisiton | 2013-11-26 | 61,224 | $10.96 | 0 | No | 4 | M | Indirect | See footnotes. |
| Common Stock | Acquisiton | 2013-11-26 | 26,108 | $14.52 | 0 | No | 4 | M | Indirect | See footnotes. |
| Common Stock | Disposition | 2013-11-26 | 87,332 | $25.75 | 0 | No | 4 | S | Indirect | See footnotes. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Indirect | See footnotes. |
| No | 4 | M | Indirect | See footnotes. |
| No | 4 | S | Indirect | See footnotes. |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Option (Right to Buy) ("Option") | Acquisiton | 2013-11-26 | 61,224 | $0.00 | 61,224 | $10.96 |
| Common Stock | Option | Acquisiton | 2013-11-26 | 26,108 | $0.00 | 26,108 | $14.52 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2013-06-05 | 2016-06-05 | No | 4 | M | Indirect |
| 0 | 2012-06-01 | 2015-06-01 | No | 4 | M | Indirect |
Footnotes
- The reporting person is member of the board of directors of the issuer and is an employee of Crestview Advisors, L.L.C., which on November 26, 2013, exercised 61,224 options to buy shares of Common Stock of the issuer at an exercise price of $10.96 per share and 26,108 options to buy shares of common stock of the issuer at an exercise price of $14.52 per share, and sold the 87,332 shares underlying such options at a price of $25.75 per share. Crestview Advisors, L.L.C. provides investment advisory and management services to investment funds affiliated with Crestview Partners GP, L.P. (the "Crestview Funds"). On November 26, 2013, the Crestview Funds sold 1,389,480 shares of Common Stock of the issuer that were held indirectly and, following the reported transactions, the Crestview Funds do not directly or indirectly own any shares of common stock of the issuer.
- The reporting person disclaims beneficial ownership of such securities except and to the extent of his pecuniary interest therein.
Billionaire Hedge Funds
