Filing Details

Accession Number:
0000921895-16-003718
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-14 19:48:50
Reporting Period:
2016-03-10
Filing Date:
2016-03-14
Accepted Time:
2016-03-14 19:48:50
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
1508045 Patrick Walsh 141 W. Jackson Blvd.
Ste. 1702
Chicago IL 60604
Yes No Yes No
1594105 Pw Partners Atlas Funds, Llc 141 W. Jackson Blvd.
Ste. 1702
Chicago IL 60604
No No Yes No
1594106 Pw Partners, Llc 141 W. Jackson Blvd.
Ste. 1702
Chicago IL 60604
No No Yes No
1594107 Pw Partners Capital Management Llc 141 W. Jackson Blvd.
Ste. 1702
Chicago IL 60604
No No Yes No
1618192 Pw Partners Atlas Fund Iii, Lp 141 W. Jackson Blvd.
Ste. 1702
Chicago IL 60604
No No Yes No
1645389 Pw Partners Master Fund (Qp), L.p. 141 W. Jackson Blvd.
Ste. 1702
Chicago IL 60604
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, $0.001 Par Value Acquisiton 2016-03-10 70,000 $1.93 108,435 No 4 P Indirect By Separately Managed Account
Common Stock, $0.001 Par Value Acquisiton 2016-03-10 96,174 $1.93 3,012,418 No 4 P Indirect By PW Partners Atlas Fund III LP
Common Stock, $0.001 Par Value Acquisiton 2016-03-11 167,378 $2.05 3,179,796 No 4 P Indirect By PW Partners Atlas Fund III LP
Common Stock, $0.001 Par Value Acquisiton 2016-03-11 185,000 $0.00 299,294 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Separately Managed Account
No 4 P Indirect By PW Partners Atlas Fund III LP
No 4 P Indirect By PW Partners Atlas Fund III LP
No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.001 Par Value 20,000 Indirect By PW Partners Master Fund (QP) LP
Footnotes
  1. This Form 4 is filed jointly by PW Partners Atlas Fund III LP ("Atlas Fund III"), PW Partners Master Fund (QP) LP ("Master Fund QP"), PW Partners Atlas Funds, LLC ("Atlas Fund GP"), PW Partners, LLC ("PW Partners GP"), PW Partners Capital Management LLC ("PW Capital Management") and Patrick Walsh (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
  2. Represents securities held in an account (the "Separately Managed Account") separately managed by PW Capital Management. As the Investment Manager of the Separately Managed Account, PW Capital Management may be deemed to beneficially own the securities held in the Separately Managed Account. Mr. Walsh, as the Managing Member of PW Capital Management, may be deemed to beneficially own the securities held in the Separately Managed Account.
  3. Represents securities owned directly by Atlas Fund III. As the General Partner of Atlas Fund III, Atlas Fund GP may be deemed to beneficially own the securities owned directly by Atlas Fund III. As the Investment Manager of Atlas Fund III, PW Capital Management may be deemed to beneficially own the securities owned directly by Atlas Fund III. As the Managing Member of PW Capital Management and the Managing Member and Chief Executive Officer of Atlas Fund GP, Mr. Walsh may be deemed to beneficially own the securities owned directly by Atlas Fund III.
  4. Represents securities owned directly by Master Fund QP. As the General Partner of Master Fund QP, PW Partners GP may be deemed to beneficially own the securities owned directly by Master Fund QP. As the Investment Manager of Master Fund QP, PW Capital Management may be deemed to beneficially own the securities owned directly by Master Fund QP. As the Managing Member of PW Capital Management and the Managing Member and Chief Executive Officer of PW Partners GP, Mr. Walsh may be deemed to beneficially own the securities owned directly by Master Fund QP.
  5. These shares were issued pursuant to the Registrant's 2006 Stock Incentive Plan, as amended, as an award to Mr. Walsh for his service on the Board of Directors.