Home > Insider Trading > Filing (0001615774-16-006172)

Filing Details

Accession Number:: 0001615774-16-006172
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-07-01 09:11:44
Reporting Period:: 2016-07-01

Filing Date:: 2016-07-01
Accepted Time:: 2016-07-01 09:11:44
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1142701	United Online Inc	UNTD	Services-Computer Programming, Data Processing, Etc. (7370)	770575839

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1207269	R Bryant Riley	11000 Santa Monica Boulevard, Suite 800 Los Angeles CA 90025	No	No	Yes	No
1337002	B. Riley & Co., Llc	11000 Santa Monica Boulevard, Suite 800 Los Angeles CA 90025	No	No	Yes	No
1396092	Trust Funds World	11000 Santa Monica Boulevard, Suite 800 Los Angeles VA 90025	No	No	Yes	No
1464790	B. Riley Financial, Inc.	21860 Burbank Blvd. Suite 300 South Woodland Hills CA 91367	No	No	Yes	No
1642765	Brc Partners Opportunity Fund, Lp	11000 Santa Monica Boulevard, Suite 800 Los Angeles CA 90025	No	No	Yes	No
1658704	B. Riley Capital Management, Llc	11000 Santa Monica Boulevard, Suite 800 Los Angeles CA 90025	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2016-07-01	659,283	$0.00	No	4	S	Indirect	See notes
Common Stock	Disposition	2016-07-01	21,203	$0.00	No	4	S	Indirect	See notes
Common Stock	Disposition	2016-07-01	734,434	$0.00	No	4	J	Indirect	See notes
Common Stock	Disposition	2016-07-01	2,750	$0.00	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See notes
No	4	S	Indirect	See notes
No	4	J	Indirect	See notes
No	4	S	Direct

Footnotes

This Form 4 is filed jointly by BRC Partners Opportunity Fund, LP ("BPOF"), B. Riley Diversified Equity Fund (the "Mutual Fund"), B. Riley Capital Management, LLC ("BRCM"), B. Riley & Co., LLC ("BRC"), Bryant R. Riley and B. Riley Financial, Inc. ("BRF") (collectively, the "Reporting Persons"). Each of the Reporting Persons disclaims beneficial ownership of the outstanding shares of Common Stock, par value $0.0001 per share ("United Common Stock"), of United Online, Inc., a Delaware corporation ("United" or the "Issuer"), reported herein except to the extent of his or its pecuniary interest therein.
In connection with the merger of Unify Merger Sub, Inc. ("Merger Sub"), a wholly-owned subsidiary of B. Riley Financial, Inc. ("BRF"), with and into United Online, Inc. ("United"), on July 1, 2016, pursuant to the Agreement and Plan of Merger, dated May 4, 2016 (the "Merger Agreement"), by and among BRF, Merger Sub and United, shares of United Common Stock held by the Reporting Persons (except as described in footnote 8) were canceled and converted into the right to receive $11.00 per share in cash, subject to applicable tax withholding.
Represents an aggregate 659,283 shares of United Common Stock owned directly by BPOF.
BRCM serves as the investment manager and general partner of BPOF, and as the investment advisor to the Mutual Fund and of certain separately managed accounts (the "Separately Managed Accounts"). BRF is the parent company of BRCM and BRC. By virtue of these relationships, each of BRCM and BRF may be deemed to beneficially own the shares of United Common Stock owned directly by BPOF and the Mutual Fund and held in the Separately Managed Accounts, and BRF may also be deemed to beneficially own the Shares owned directly by BRC.
Represents 21,203 shares of United Common Stock owned directly by the Mutual Fund.
Represents 734,434 shares of United Common Stock owned directly by BRC.
Represents 2,750 shares of United Common Stock owned directly by Bryant R. Riley.
Pursuant to the terms of the Merger Agreement, the shares of United Common Stock held by BRC were canceled for no consideration.